360 Waterloo Avenue Unit 107, Guelph

Price: $329,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X12875534

Establish your roots in this spacious 2-bedroom, 2-bathroom condominium located in the historic Phoenix Mill - a beautifully restored limestone building dating back to circa 1870. With only six other units in the building, this unique property offers both privacy and the ease of condominium living in a truly one-of-a-kind heritage setting. This bright main-floor suite features its own private entrance, approximately 981square feet of living space, 9-foot ceilings with elegant crown molding, large deep-silled windows, and beautiful hardwood flooring through out. The thoughtful layout includes a generous primary bedroom with double closets and a cheater door to the 4-piece ensuite, which offers a jetted tub and separate shower. The second bedroom is also spacious, with ample natural light and a double closet. A 2-piece guest bath and convenient in-suite laundry complete the floor plan, providing comfort and functionality. Nestled beside Howitt Creek, the Phoenix Mill offers a serene park-like setting surrounded by mature trees and benches, creating a peaceful outdoor retreat just steps from your door. Owners of this building also have access to the amenities at 358 Waterloo Avenue, which include a small fitness centre, party room, and outdoor BBQ and picnic area - perfect for enjoying gatherings with friends and family. This desirable location is directly across from the Speed River and the Royal Recreation Trail System, providing endless opportunities for walking, cycling, and connecting with nature. It's also within walking distance to downtown Guelph, the River Run Centre, public transit, restaurants, shops, and offers quick highway access for commuters. A rare opportunity toown a piece of Guelph's history in a heritage building that blends timeless architecture with the conveniences of modern living.

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$329,900 - 360 Waterloo Avenue Unit 107, Guelph

Condo for Sale in Guelph

93 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
X12875534
Property Type
Condo
Status
active
Days on Site
93
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Guelph
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
RE/MAX Solid Gold Realty (II) Ltd
Description

Establish your roots in this spacious 2-bedroom, 2-bathroom condominium located in the historic Phoenix Mill - a beautifully restored limestone building dating back to circa 1870. With only six other units in the building, this unique property offers both privacy and the ease of condominium living in a truly one-of-a-kind heritage setting. This bright main-floor suite features its own private entrance, approximately 981square feet of living space, 9-foot ceilings with elegant crown molding, large deep-silled windows, and beautiful hardwood flooring through out. The thoughtful layout includes a generous primary bedroom with double closets and a cheater door to the 4-piece ensuite, which offers a jetted tub and separate shower. The second bedroom is also spacious, with ample natural light and a double closet. A 2-piece guest bath and convenient in-suite laundry complete the floor plan, providing comfort and functionality. Nestled beside Howitt Creek, the Phoenix Mill offers a serene park-like setting surrounded by mature trees and benches, creating a peaceful outdoor retreat just steps from your door. Owners of this building also have access to the amenities at 358 Waterloo Avenue, which include a small fitness centre, party room, and outdoor BBQ and picnic area - perfect for enjoying gatherings with friends and family. This desirable location is directly across from the Speed River and the Royal Recreation Trail System, providing endless opportunities for walking, cycling, and connecting with nature. It's also within walking distance to downtown Guelph, the River Run Centre, public transit, restaurants, shops, and offers quick highway access for commuters. A rare opportunity toown a piece of Guelph's history in a heritage building that blends timeless architecture with the conveniences of modern living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,692.56/mo

Includes CMHC insurance ($9,204)

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5-yr fixed avg.

Principal: $296,910Interest: $201,653
Mortgage Amount$306,114
Total Interest$201,653
Est. Property Tax$234/mo
Total Cost$507,767

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

360 Waterloo Avenue Unit 107, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$234
Insurance (est.)-$69
Net Cash Flow+$1,392

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 $367/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 93 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.

Efficient Living

At 900 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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    MLS# X12875534 — 360 Waterloo Avenue Unit 107, G… | Battaglia Team