26 Ontario Street Unit 120, Guelph

Price: $419,000

0 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X13246428

Welcome to 26 Ontario Street , The Mill Lofts. This historic building, built in 1902 that was once a Spinning Mill, is now a trendy and unique Brick and Timber Condo located in Guelph's vibrant St. Patrick's Ward/Two Rivers area. Within walking distance of the GO station, Sleemans Centre and dozens of great shoppes and restaurants. Minutes to the Speed River and access to walking trails. This Open concept suite is over 600 sq. ft featuring exposed brick walls, vaulted ceilings, modern kitchen, bathroom with in suite laundry. Tall windows allow glorious light into the Loft suite.

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$419,000 - 26 Ontario Street Unit 120, Guelph

Condo for Sale in Guelph

Popular Listing
0Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X13246428
Property Type
Condo
Status
active
Days on Site
8
Bedrooms
0
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Guelph
Locker
Exclusive
Exposure
South West
Balcony
None
Listing Brokerage
Royal LePage Royal City Realty
Description

Welcome to 26 Ontario Street , The Mill Lofts. This historic building, built in 1902 that was once a Spinning Mill, is now a trendy and unique Brick and Timber Condo located in Guelph's vibrant St. Patrick's Ward/Two Rivers area. Within walking distance of the GO station, Sleemans Centre and dozens of great shoppes and restaurants. Minutes to the Speed River and access to walking trails. This Open concept suite is over 600 sq. ft featuring exposed brick walls, vaulted ceilings, modern kitchen, bathroom with in suite laundry. Tall windows allow glorious light into the Loft suite.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,149.69/mo

Includes CMHC insurance ($11,690)

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5-yr fixed avg.

Principal: $377,100Interest: $256,116
Mortgage Amount$388,790
Total Interest$256,116
Est. Property Tax$297/mo
Total Cost$644,906

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

26 Ontario Street Unit 120, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$297
Insurance (est.)-$87
Net Cash Flow+$1,426

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 $698/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.

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.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    26 Ontario Street Unit 120, Gue… — $419,000 | Battaglia Team