$450,000 - 24 Marilyn Drive Unit 505, Guelph
Condo for Sale in Guelph
35 days on market- MLS Number
- X13132650
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Guelph
- Locker
- Exclusive
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Welcome to this Spacious 2-Bedroom Executive Condo Designed For Both Comfortable Family Living And Friendly Entertaining. This unit is Large and filled with natural light. The bright open concept living/dining room are an entertainers dream that offers scenic unobstructed views from the floor to ceiling windows allowing you to watch the park fireworks and park events as they occur. The recently updated kitchen offers lots of cupboards and storage that is open to the dining area. The Primary bedroom is a comfortable haven. The washer and dryer are well hidden in the closet space as you walk towards the Primary bath. The second bedroom is a great large space that offers great storage. Beautiful views from every window in this unit, and much lower condo fees & lower property taxes than a 3bdrm unit in the complex. Newer ac units, cordless blinds, kitchen/bath/hall flooring 2023, washing machine 2023. The building has a water softener system and they offers many social activities: Bingo, Euchre, pot luck events, coffee socials, group chair exercise, fully stocked library/games room....etc. Extra parking is available. Centrally located and walking distance to Riverside Park (which also has electric car chargers), Senior Ctr and bistro, Community Swimming pool, Easy access to all major roadways, close to Hospital, great amount of shopping and restaurants within a five minute drive. Updated cabinetry, freshly painted, carpets have just been steam cleaned, so this unit is ready for your personal touches. Motivated Seller!
Estimate your monthly payments for this property
Estimated Payment
$2,308.73/mo
Includes CMHC insurance ($12,555)
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.
24 Marilyn Drive Unit 505, 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.
Market Position
At 35 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.
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.