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108 SUMMIT RIDGE Drive 207, Guelph, ON N1E 0P8

2 beds · 2 baths · 1 kitchen · 6 rooms · 1 parking space · 900-999 sq ft · Common Element Condo
$395,000

Also includedCommon Elements

Maintenance fee
$439 / month
Property tax
$3,022 / year
Included in the fee
Common Elements

Welcome to Grange Hill! 108 Summit Ridge is a great pet friendly choice for those looking to be closer to nature, with long trails and beautiful greenery that Guelph takes pride in conserving. The view at unit 207 faces the Greenland that is surrounding Guelph Lake - only 6 minutes drive away. Public Transit is right behind the building, giving access to the whole city within a 15-30 minute commute. That includes big box stores, grocery stores, banks, pharmacies and more!, most falling under a 20 minute transit. University of Guelph and Guelph GO Station are only a 10 minute drive, and under 20 minute transit commute. This spacious 2 Bedroom 2 Bath unit along with 1 OWNED PARKING and 1 OWNED LOCKER is a wonderful choice for those looking to have ample space, have beautiful views and still be close enough to the city for all your consumer needs. See for yourself the benefits of this gorgeous living space!

MLS number
X13660372
Type
Common Element Condo
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
N1E 0P8
Photos
15
Included in the fee
Common Elements
36days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Holy Trinity Catholic School
Wellington CDSB
Elementary876 m7.9 / 10
79% met the standard
Ken Danby Public School
Upper Grand DSB
Elementary897 m8.7 / 10
87% met the standard
St John Catholic School
Wellington CDSB
Elementary1.4 km6.8 / 10
68% met the standard
St James Catholic School
Wellington CDSB
Secondary1.4 km6.5 / 10
65% met the standard · 2 of 6 measures
William C. Winegard Public School
Upper Grand DSB
Elementary1.3 km7.6 / 10
76% met the standard
Ottawa Crescent Public School
Upper Grand DSB
Elementary1.4 km5.4 / 10
54% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 2,885 people.

$110,000Median household income
84.3%Own their home
47%Detached houses
34.4Median age
22.5%Born outside Canada
36.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35230227 — the few blocks around this address, home to 2,885 people. It describes the area, not this property.

2,885Population
33.7Average age
2.9Household size
$121,200Average household income
$110,000Median household income
84%Own their home
16%Rent
15%Condominiums
23%Born outside Canada
36%University degree
$738,000Average home value
4%Low income
29%Not in the labour force
24%Never married
$20,000 to $24,999<1%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9992%
$50,000 to $59,9993%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9995%
$100,000 and over37%
$100,000 to $124,99911%
$125,000 to $149,9999%
$150,000 to $199,99911%
$200,000 and over6%

Percentages are of the 1,575 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$79,000 · minimum here is $19,750
$1,748.97per month
Borrowed before insurance$316,000
Total borrowed$316,000
Interest over 25 years at 4.5%$208,692

If you rented it out

-$2,439.81per month out of pocket
Rent$0.00
Everything it costs to hold$2,439.81
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX WEST REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.