$549,900 - 302 College Avenue Unit 74, Guelph
Condo for Sale in Guelph
37 days on market- MLS Number
- X13118604
- Property Type
- Condo
- Status
- active
- Days on Site
- 37
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- CORCORAN HORIZON REALTY
Welcome to Unit 74 at 302 College Ave W, a well maintained two bedroom townhouse in one of Guelph's most convenient locations. The home spans three levels with an attached garage and a thoughtful layout throughout. The main floor offers a generous living room and flex space that works beautifully as a bonus room, home office or additional bedroom, and opens directly to a private deck and porch area for a comfortable indoor outdoor feel. A powder room on this level adds everyday convenience. The second floor brings everyone together with a bright and open family room bathed in natural light from the bay window, a dedicated dining area and a well sized kitchen with a breakfast nook that is perfect for casual meals. The third floor is home to a primary bedroom, a three piece bathroom and a second bedroom. The finished basement rounds out the home with a rec room that provides a fantastic amount of additional living space, whether you envision a media room, play area or a quiet retreat. The home has seen thoughtful updates including a new roof and eavestrough in 2021, furnace in 2021, AC in 2023, dishwasher in 2024, bathroom refresh in 2019, kitchen counters in 2019, flooring in 2016, washing machine in 2019, garage door in 2018, deck in 2019 and windows and patio doors in 2015. Residents also enjoy access to a community clubhouse, outdoor pool and visitor parking. Walkable to restaurants, cafes and everyday amenities with Stone Road Mall and Highway 6 just a short drive away. Whether you are a first time buyer or an investor adding to your portfolio, this is a wonderful opportunity to own in a well established Guelph community.
Estimate your monthly payments for this property
Estimated Payment
$2,821.27/mo
Includes CMHC insurance ($15,342)
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.
302 College Avenue Unit 74, 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 $458/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 37 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,291 (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.