$614,900 - 160 Macdonell Street Unit 1108, Guelph
Condo for Sale in Guelph
58 days on market- MLS Number
- X13028882
- Property Type
- Condo
- Status
- active
- Days on Site
- 58
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- Royal LePage Royal City Realty
Welcome to Suite 1108 at The Riverhouse, one of Guelph's most sought-after condominium residences known for its quiet atmosphere, upscale feel, and exceptional management. Perfectly positioned in the heart of downtown, you're just steps from the GO Station, Sleeman Centre, River Run Centre, scenic walking trails, and Guelph's best restaurants, cafés, and shops - offering a truly walkable lifestyle. This spacious 1 bedroom plus den suite offers a highly functional and versatile layout. The large den with French doors is ideal as a second bedroom or work-from-home office. Rich hardwood flooring, granite countertops, modern lighting, and a cozy fireplace create a sophisticated living environment. The open-concept kitchen is designed for everyday living and entertaining, featuring full-size stainless steel appliances, ample cabinetry, and a peninsula with bar seating that flows into the generous living and dining area. Sliding doors lead to an oversized private balcony-perfect for enjoying sunset views over downtown. The bright primary bedroom boasts an oversized walk-in closet, with a spacious 4-piece bathroom offering abundant counter space (or easily convert to a dual vanity!). A welcoming foyer with double coat closet and a dedicated laundry/storage room with added cabinetry enhances everyday functionality. Residents enjoy exceptional amenities, including an incredible rooftop terrace with BBQs, elegant party room and lounge with kitchen, media room, library, fitness centre, and well-appointed guest suite. Recent updates include fresh paint, new bedroom carpeting, added laundry room cabinetry, modern lighting, new kitchen faucet, and new toilet. This unit also includes a well-located, owned parking space! Ideally suited for commuting professionals, modern couples, or downsizers seeking refined, low-maintenance living in an unbeatable location. *Most utilities are conveniently covered in the condo fees, and storage lockers are available to rent for $35 per month.
Estimate your monthly payments for this property
Estimated Payment
$3,154.76/mo
Includes CMHC insurance ($17,156)
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.
160 Macdonell Street Unit 1108, Guelph
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $615/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 58 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.
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 $2,562 (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.