$375,000 - 22 Marilyn Drive Unit 402, Guelph
Condo for Sale in Guelph
48 days on market- MLS Number
- X13070292
- Property Type
- Condo
- Status
- active
- Days on Site
- 48
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Guelph
- Locker
- Exclusive
- Exposure
- North East
- Balcony
- Enclosed
- Listing Brokerage
- HomeLife Power Realty Inc
Time to downsize? Want to avoid stairs and outdoor maintenance like painting, snow shovelling, and grass cutting? 22 Marilyn is a good place to start looking. Construction is finished and has been paid for. The bright interior has new LED pot lights and is freshly decorated throughout. The exterior has been protected and insulated with new cladding. The units here are spacious. Try one on for size. You will be pleased. The balconies are also generously sized compared to those in newer buildings. This unit's enclosed balcony has a great view of the park, an entrance from the master bedroom and another from the living room. The kitchen has ample counter and cupboard space with room for a breakfast table. There is a handy pantry beside the kitchen. Your basement locker provides more essential storage space, important when you are downsizing from a house. Your vehicle is protected from the elements with covered parking provided. The location is a huge bonus. Next to Riverside Park (80 acres), an antique carousel, miniature train, amazing playground, the Speed River, and access to extensive walking trails, all the way to Guelph Lake or downtown. Also, a short distance to The Evergreen Seniors Centre and a major shopping center. This building also has a full-time superintendent, meeting room, library, exercise room and sauna.
Estimate your monthly payments for this property
Estimated Payment
$1,923.94/mo
Includes CMHC insurance ($10,463)
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.
22 Marilyn Drive Unit 402, 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 $375/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 48 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.
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.