208 Silvercreek Parkway Unit 213, Guelph

Price: $385,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13418216

This updated, two bedroom unit has over 1,300 square feet of beautifully finished living space. From the updated lighting throughout, to the updated flooring, and kitchen, this unit is sure to impress! Gleaming, gorgeous black quartz countertops accent the matching black accent tile in your eat-in kitchen and accent wall in the living room! All this and more is located in an incredibly friendly, not for profit, non-denominational, senior lifestyle community. The kitchen boasts ample storage, updated cabinets and counters, with a custom eat-in dining space to match! This unit also has a formal dining room, and spacious living room with plenty of natural light and a sliding patio door to your Juliet balcony. The primary bedroom features a large walk-in closet, and a private 3-piece washroom. In addition to the bedroom closets you have added storage space in the foyer closet, as well as the utility room, which features your own in-suite laundry. This is a wonderful place for entertaining all your family and guests. When you require additional space for large gatherings you can use the common room, and for overnight or out of town guests, for a small fee you can rent the guest suite. You also have 24/7 access to the gym, library, and a fully stocked workshop for all your mending and tinkering needs. LSRC's intent is to provide quality, reasonably priced senior lifestyle living for those living in Guelph. We aim to foster an atmosphere of positivity, and community for the benefit of all its residents. Lutheridge is a non-smoking building. This property is a Life Lease building, and requires cash only offers as no mortgage can be registered against a life lease, however no land transfer tax, or legal fees are paid on closing. The monthly fee includes property taxes and municipal water.

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New Listing
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$385,000 - 208 Silvercreek Parkway Unit 213, Guelph

Condo for Sale in Guelph

New — Listed 5 days ago
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13418216
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Guelph
Locker
None
Exposure
South East
Balcony
Juliette
Listing Brokerage
LifeStyle International Realty Inc
Description

This updated, two bedroom unit has over 1,300 square feet of beautifully finished living space. From the updated lighting throughout, to the updated flooring, and kitchen, this unit is sure to impress! Gleaming, gorgeous black quartz countertops accent the matching black accent tile in your eat-in kitchen and accent wall in the living room! All this and more is located in an incredibly friendly, not for profit, non-denominational, senior lifestyle community. The kitchen boasts ample storage, updated cabinets and counters, with a custom eat-in dining space to match! This unit also has a formal dining room, and spacious living room with plenty of natural light and a sliding patio door to your Juliet balcony. The primary bedroom features a large walk-in closet, and a private 3-piece washroom. In addition to the bedroom closets you have added storage space in the foyer closet, as well as the utility room, which features your own in-suite laundry. This is a wonderful place for entertaining all your family and guests. When you require additional space for large gatherings you can use the common room, and for overnight or out of town guests, for a small fee you can rent the guest suite. You also have 24/7 access to the gym, library, and a fully stocked workshop for all your mending and tinkering needs. LSRC's intent is to provide quality, reasonably priced senior lifestyle living for those living in Guelph. We aim to foster an atmosphere of positivity, and community for the benefit of all its residents. Lutheridge is a non-smoking building. This property is a Life Lease building, and requires cash only offers as no mortgage can be registered against a life lease, however no land transfer tax, or legal fees are paid on closing. The monthly fee includes property taxes and municipal water.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,975.25/mo

Includes CMHC insurance ($10,742)

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5-yr fixed avg.

Principal: $346,500Interest: $235,333
Mortgage Amount$357,242
Total Interest$235,333
Est. Property Tax$273/mo
Total Cost$592,575

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.

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Neighbourhood Guide: Guelph

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

208 Silvercreek Parkway Unit 213, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$273
Insurance (est.)-$80
Net Cash Flow+$1,387

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $321/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Guelph's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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.

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    208 Silvercreek Parkway Unit 21… — $385,000 | Battaglia Team