$899,900 - 19 Guelph Avenue Unit 303, Cambridge
Condo for Sale in Cambridge
- MLS Number
- X13137776
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Cambridge
- Locker
- Owned
- Exposure
- South West
- Balcony
- Juliette
- Listing Brokerage
- Red And White Realty Inc
Experience elevated riverside living at Riverbank Lofts in the heart of historic Hespeler. Suite 303 is a rare bungalow style luxury loft offering exceptional space, privacy, and character within one of Cambridge's most sought after locations. Perfectly positioned along the beautiful Speed River and just minutes from Highway 401, this high-end residence blends historic industrial charm with sophisticated modern living. Featuring soaring ceilings, oversized windows, exposed beams, and authentic architectural details, the suite offers an expansive open-concept layout designed for both comfortable everyday living and elegant entertaining. Large principal rooms, refined finishes, and stunning river surroundings create a truly unique urban retreat.A standout feature of this suite is the incredibly rare parking and storage package, including a private 1.5-car garage, an additional owned outdoor parking space, and a dedicated storage unit - an exceptional combination rarely found in loft living.Residents enjoy an impressive collection of boutique-style amenities, including a fully equipped fitness centre, bike storage room, dog wash station, and multiple resident lounges designed for relaxing, entertaining, and socializing. Riverbank Lofts offers a truly walkable lifestyle steps to scenic river trails, cafés, restaurants, boutique shopping, and the charm of downtown Hespeler, while still providing quick and convenient access to Highway 401 for commuters.
Estimate your monthly payments for this property
Estimated Payment
$4,616.95/mo
Includes CMHC insurance ($25,107)
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 Cambridge
Cambridge 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 Cambridge
- •Convenient location in Cambridge
- •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
Cambridge 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.
19 Guelph Avenue Unit 303, Cambridge
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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 $750/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 29 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.
Investment Perspective
Looking at this as an investment: Cambridge properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,750 (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.