$2,000/mo - 124 Downey Road, Guelph
Detached for Rent in Guelph
New — Listed 4 days ago- MLS Number
- X13433446
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- RE/MAX Real Estate Centre Inc
Welcome to your next home at 124 Downey Rd in Guelph! This beautifully updated 2-bedroom, 1-bathroom basement apartment offers the perfect blend of comfort and convenience with inclusive utilities (excluding internet). Step inside to find brand-new laminate floors and a stylishly updated kitchen, complete with fresh white cabinetry & subway tile backsplash. The open-concept living area creates a bright and airy environment, ideal for unwinding after a busy day or hosting friends. The apartment features two spacious bedrooms, both offering ample natural light. Two outside parking spaces are included as well. Located just minutes from Stone Road Mall and surrounded by restaurants, shops, fitness centres and essential services like banks and the LCBO, this apartment puts everything you need right at your fingertips. For nature lovers, the property is close to Preservation Park, where you'll find stunning walking trails and even an off-leash dog park for your furry friends. Quick access to Hanlon Parkway ensures an easy commute to the 401, connecting you to wherever you need to be
Discover Guelph
Guelph is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Guelph
- •Convenient location in Guelph
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Guelph offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
124 Downey Road, Guelph
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,000/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Guelph. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Just Listed - Act Strategically
This property hit the market within the last week. In Guelph's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Guelph are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.