281 Bristol Street Unit 701, Guelph

Price: $439,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13000328

A rare condo that truly feels like a home-spacious, sun-filled, and thoughtfully designed in one of Guelph's most desirable communities. Welcome to this bright and spacious 2-bedroom, 2-bathroom carpet-free condo in the highly sought-after Parkview Terrace. Offering an exceptionally generous layout with a true sense of space and flow, this home delivers the comfort and livability of a full-sized residence in a boutique mid-rise building with only four suites per floor-providing privacy, quiet, and a strong sense of community. Upon entry the suite has a welcoming foyer with tile flooring and a double closet that sets the tone for the thoughtfully maintained interior. The open-concept living and dining areas are filled with natural light and enhanced by modern flooring, a gas fireplace, a neutral palette, updated lighting, and a new furnace for year-round comfort. The kitchen features white cabinetry, stainless steel appliances, and a spacious eat-in area, with in-suite stackable laundry conveniently tucked away in the kitchen. Expansive principal rooms offer excellent versatility for you and your guests, with large windows bringing in beautiful morning light and a private balcony overlooking a peaceful, tree-lined street. The primary bedroom is a true retreat, featuring two large windows, dual closets, and a private ensuite with a tub, separate shower, and generous vanity space. The second bedroom is bright and flexible, with easy access to a full bathroom complete with a stand-up shower, granite vanity, and additional storage. Residents enjoy a pet-friendly building with excellent amenities including a rooftop terrace, BBQ area, sauna, gym, and party room. Ideally located just minutes from downtown Guelph, you're close to cafés, shops, trails, the farmers' market, and the Hanlon Expressway. This suite offers a rare blend of space, light, and privacy-offering the comfort of home with the ease of condo living. *One photo virtually staged*.

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$439,000 - 281 Bristol Street Unit 701, Guelph

Condo for Sale in Guelph

65 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13000328
Property Type
Condo
Status
active
Days on Site
65
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Guelph
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
Royal LePage Royal City Realty
Description

A rare condo that truly feels like a home-spacious, sun-filled, and thoughtfully designed in one of Guelph's most desirable communities. Welcome to this bright and spacious 2-bedroom, 2-bathroom carpet-free condo in the highly sought-after Parkview Terrace. Offering an exceptionally generous layout with a true sense of space and flow, this home delivers the comfort and livability of a full-sized residence in a boutique mid-rise building with only four suites per floor-providing privacy, quiet, and a strong sense of community. Upon entry the suite has a welcoming foyer with tile flooring and a double closet that sets the tone for the thoughtfully maintained interior. The open-concept living and dining areas are filled with natural light and enhanced by modern flooring, a gas fireplace, a neutral palette, updated lighting, and a new furnace for year-round comfort. The kitchen features white cabinetry, stainless steel appliances, and a spacious eat-in area, with in-suite stackable laundry conveniently tucked away in the kitchen. Expansive principal rooms offer excellent versatility for you and your guests, with large windows bringing in beautiful morning light and a private balcony overlooking a peaceful, tree-lined street. The primary bedroom is a true retreat, featuring two large windows, dual closets, and a private ensuite with a tub, separate shower, and generous vanity space. The second bedroom is bright and flexible, with easy access to a full bathroom complete with a stand-up shower, granite vanity, and additional storage. Residents enjoy a pet-friendly building with excellent amenities including a rooftop terrace, BBQ area, sauna, gym, and party room. Ideally located just minutes from downtown Guelph, you're close to cafés, shops, trails, the farmers' market, and the Hanlon Expressway. This suite offers a rare blend of space, light, and privacy-offering the comfort of home with the ease of condo living. *One photo virtually staged*.

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Estimate your monthly payments for this property

Estimated Payment

$2,252.30/mo

Includes CMHC insurance ($12,248)

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5-yr fixed avg.

Principal: $395,100Interest: $268,341
Mortgage Amount$407,348
Total Interest$268,341
Est. Property Tax$311/mo
Total Cost$675,689

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

281 Bristol Street Unit 701, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$311
Insurance (est.)-$91
Net Cash Flow+$1,308

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 $439/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 65 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.

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    281 Bristol Street Unit 701, Guelph | $439,000 | Battaglia Team