$659,900 - 295 Water Street Unit 21, Guelph
Condo for Sale in Guelph
51 days on market- MLS Number
- X13059644
- Property Type
- Condo
- Status
- active
- Days on Site
- 51
- Bedrooms
- 2
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- Royal LePage Royal City Realty
Living in a townhouse usually means knowing exactly when your neighbor is watching reality TV. Not here. 21-295 Water Street is built with concrete walls, giving you the soundproofing that usually only comes with detached living. It is a rare find in the Guelph market, offering genuine peace and quiet without the endless weekend exterior maintenance. The layout is refreshingly functional. On the main floor, a spacious balcony sits off the kitchen and breakfast nook, making it an easy spot for a morning coffee. Head down to the ground level and you will find a large deck overlooking mature green space-a private spot to decompress. Inside, premium California shutters are already installed throughout, so you can cross window treatments off your to-do list permanently. The third floor is built for comfort. The primary suite, formerly two bedrooms, is expansive and features a custom wardrobe system that will satisfy even the most committed fashion enthusiast. When the day is done, the ensuite soaker tub is your best friend. With a versatile rec room on the lower level that works as a guest suite or home office, this home handles whatever life throws at it. If you value privacy and solid construction over superficial finishes, this is your next move.
Estimate your monthly payments for this property
Estimated Payment
$3,385.63/mo
Includes CMHC insurance ($18,411)
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.
295 Water Street Unit 21, 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 $330/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 51 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.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Guelph properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.