$699,999 - 160 Macdonell Street Unit 606, Guelph
Condo for Sale in Guelph
108 days on market- MLS Number
- X12536322
- Property Type
- Condo
- Status
- active
- Days on Site
- 108
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Guelph
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- Royal LePage Royal City Realty
Welcome to RiverHouse, one of downtown Guelph's most sought-after condominium residences. This stylish turnkey suite pairs luxury finishes with an urban lifestyle just steps from the GO station, Sleeman Centre, Speed River and the city's best shops, dining, and downtown amenities. Inside, the open-concept layout is bright and inviting, with large windows and a private balcony showcasing panoramic city views. The kitchen features rich espresso cabinetry, granite countertops, stainless steel appliances, and an island with bar seating that flows seamlessly into the living and dining area. The living room offers elegant crown moulding, a fireplace feature, and sliding doors to the balcony - an ideal space for morning coffee or relaxing above the city. Both bedrooms are generously sized, with the primary suite offering floor-to-ceiling windows, a walk-in closet, and a spa-like ensuite with a glass-enclosed shower and stone vanity. A second full bathroom with a frameless glass shower serves guests and the secondary bedroom. Additional highlights include in-suite laundry, 2 underground parking spaces with an EV rough-in set up for future installation and a storage locker. RiverHouse provides a refined lifestyle with amenities such as a fitness centre, party room equipped with a bar/lounge, large outdoor terrace, and guest suite, all within a secure and well-managed building. A rare opportunity to experience upscale condominium living in the heart of Guelph's vibrant downtown core. All furniture can be purchased, see realtor remarks for further details.
Estimate your monthly payments for this property
Estimated Payment
$3,591.36/mo
Includes CMHC insurance ($19,530)
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 606, 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 $700/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 108 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 $2,917 (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.