129 Victoria Road Unit 16, Guelph

Price: $475,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13063704

Welcome to this well-maintained 2-storey condo in a highly desirable Guelph location! Offering 3 bedrooms and 2 bathrooms, this home is perfect for families, first-time buyers, or anyone looking for low-maintenance living without sacrificing space.The main floor features an expansive kitchen with plenty of room to cook, gather, and entertain, flowing seamlessly into the living and dining area with a walk-out to your fully fenced backyard. Enjoy the privacy of your outdoor space, complete with a gate providing direct access to greenspace and an easy stroll to the park-plus, grass cutting is taken care of by the condo board for true hassle-free living.Upstairs, you'll find three generously sized bedrooms and a full bathroom, while the finished basement adds valuable extra living space-perfect for a rec room, home office, or gym.Additional highlights include a private single driveway, ample visitor parking right outside your front door, and the option to rent additional parking through the property management company. Recent updates include a new forced-air gas furnace and central air conditioner.Situated in a well-kept complex directly beside the Victoria Road Recreation Centre and within walking distance to public and Catholic schools, parks, and shopping, this location truly checks all the boxes for convenience and lifestyle.A fantastic opportunity to get into a family-friendly neighbourhood-don't miss it!

129 Victoria Road Unit 16 - Condo photo 1 of 17 in Guelph, Ontario
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$475,000 - 129 Victoria Road Unit 16, Guelph

Condo for Sale in Guelph

46 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13063704
Property Type
Condo
Status
active
Days on Site
46
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Guelph
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
RE/MAX Real Estate Centre Inc
Description

Welcome to this well-maintained 2-storey condo in a highly desirable Guelph location! Offering 3 bedrooms and 2 bathrooms, this home is perfect for families, first-time buyers, or anyone looking for low-maintenance living without sacrificing space.The main floor features an expansive kitchen with plenty of room to cook, gather, and entertain, flowing seamlessly into the living and dining area with a walk-out to your fully fenced backyard. Enjoy the privacy of your outdoor space, complete with a gate providing direct access to greenspace and an easy stroll to the park-plus, grass cutting is taken care of by the condo board for true hassle-free living.Upstairs, you'll find three generously sized bedrooms and a full bathroom, while the finished basement adds valuable extra living space-perfect for a rec room, home office, or gym.Additional highlights include a private single driveway, ample visitor parking right outside your front door, and the option to rent additional parking through the property management company. Recent updates include a new forced-air gas furnace and central air conditioner.Situated in a well-kept complex directly beside the Victoria Road Recreation Centre and within walking distance to public and Catholic schools, parks, and shopping, this location truly checks all the boxes for convenience and lifestyle.A fantastic opportunity to get into a family-friendly neighbourhood-don't miss it!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,437.00/mo

Includes CMHC insurance ($13,253)

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5-yr fixed avg.

Principal: $427,500Interest: $290,346
Mortgage Amount$440,753
Total Interest$290,346
Est. Property Tax$336/mo
Total Cost$731,099

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Guelph

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

129 Victoria Road Unit 16, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$336
Insurance (est.)-$99
Net Cash Flow+$1,675

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $475/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 46 days on site, this property has exceeded the typical selling timeline for Guelph. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    129 Victoria Road Unit 16, Guelph | $475,000 | Battaglia Team