$597,000 - 196 ARTHUR Street Unit 1, Guelph
Condo for Sale in Guelph
79 days on market- MLS Number
- X12943820
- Property Type
- Condo
- Status
- active
- Days on Site
- 79
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Guelph
- Locker
- Exclusive
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Open house today Sat April 11th! 2:00pm-5:00pm. Modern Living wrapped in beautiful History. Get in to see this fully renovated up to date character home, full of unique charm in a premium location of downtown Guelph! This spacious (apx. 1270 square feet!) cozy stone residence has been fully renovated and modernized from top to bottom by local craftsman in 2023. Maintenance fee includes Storage Locker, Parking, exterior maintenance including roof, snow removal, windows, fences, landscaping, including tree trimming, stonework, building insurance, all for under 80 cents per square foot!! (Remember, maintenance fees are calculated based on property square footage this is a large 2 storey 2 bedroom home!) New *Heated floors*, new kitchen and fully renovated bathrooms, fully modernized. Ideally located 5 min walk to downtown Guelph restaurants, theatres and shops. Overlooking the river, this "downtown" end unit townhome is surrounded by nature with beautiful Norwich walking bridge and Wolfond Park at your doorstep. This fantastic two-bedroom, two-storey layout features large windows and a private fully fenced backyard, perfect for gardening and relaxing outdoors. Both bedrooms are generously sized and offer ample storage, charming dormer windows/reading nooks, upgraded second-floor laundry(!), and fully modernized and stylish four-piece bathroom with heated floors. The main level includes brand new kitchen complete with *heated!* artisan tile flooring, convenient main floor two-piece powder room, and a gorgeous and inviting living and dining room, cosy this time of year with gas fireplace and access to backyard for entertaining and gardening in the summer. This unit Includes parking and your own storage locker! Walking distance to downtown, scenic trails, and a park right next door. A rare opportunity to own a unique downtown updated home that you can just move right into and enjoy the low maintenance lifestyle in a property that truly feels like home.
Estimate your monthly payments for this property
Estimated Payment
$3,062.92/mo
Includes CMHC insurance ($16,656)
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.
196 ARTHUR Street Unit 1, 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 $498/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 79 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 $2,488 (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.