$509,900 - 150 Wellington Street Unit 506, Guelph
Condo for Sale in Guelph
44 days on market- MLS Number
- X13088740
- Property Type
- Condo
- Status
- active
- Days on Site
- 44
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- Coldwell Banker Neumann Real Estate
Welcome to effortless downtown living in one of Guelph's most sought-after condo buildings! This move-in ready 1 bedroom + den suite offers the perfect blend of style, convenience, and low-maintenance living-all in an unbeatable location overlooking the iconic Church of Our Lady. Enjoy being just steps from everything downtown Guelph has to offer, including restaurants, cafés, shopping, trails, transit, and entertainment.Inside, this carpet-free unit features a bright and functional layout designed for modern living. The stylish kitchen is complete with quartz countertops, subway tile backsplash, crisp white cabinetry, and stainless steel appliances. The spacious living area offers flexibility for both living and dining space, while oversized windows showcase stunning downtown views. The versatile den provides the perfect work-from-home office, reading nook, or bonus flex space to suit your lifestyle.The generous primary bedroom connects to a 4-piece cheater ensuite featuring a tiled shower and deep soaker tub-perfect for unwinding after a long day. Additional features include in-suite laundry, one owned underground parking space, and access to exceptional building amenities rarely found elsewhere, including a theatre room, library, gym, terrace, and beautifully appointed party spaces. Whether you're a first-time buyer, professional, downsizer, or investor, this is downtown condo living at its finest!
Estimate your monthly payments for this property
Estimated Payment
$2,616.05/mo
Includes CMHC insurance ($14,226)
5-yr fixed avg.
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.
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.
150 Wellington Street Unit 506, Guelph
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $567/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.
Market Position
At 44 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Efficient Living
At 900 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.
Investment Perspective
Looking at this as an investment: Guelph properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.