$314,900 - 360 Waterloo Avenue Unit 107, Guelph
Condo for Sale in Guelph
31 days on market- MLS Number
- X13125056
- Property Type
- Condo
- Status
- active
- Days on Site
- 31
- 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
Welcome to the historic Phoenix Mill - one of Guelph's most unique and rarely available condominium residences. With only seven suites in this beautifully restored limestone mill circa 1870, opportunities to own in this exclusive building are few and far between.This spacious MAIN FLOOR 2-bedroom, 1.5-bath suite offers approximately 980 square feet of character-filled living space with its own private entrance, making it feel more like a bungalow-style home than a traditional condominium. Inside, you'll find soaring 9-foot ceilings, elegant crown moulding, oversized deep-silled windows, rich hardwood flooring, and timeless architectural details that simply cannot be replicated in today's construction.The thoughtfully designed layout features a generous primary bedroom with double closets and cheater access to the spa-inspired 4-piece ensuite complete with jetted tub and separate shower. A spacious second bedroom, convenient in-suite laundry, and guest powder room add both comfort and functionality.Set beside picturesque Howitt Creek, this property offers a peaceful park-like setting surrounded by mature trees, benches, and nature views - all while being just steps to downtown Guelph, the Speed River trails, River Run Centre, restaurants, shops, transit, and commuter routes.Residents also enjoy access to additional amenities at 358 Waterloo Avenue including a fitness room, party room, and outdoor BBQ/picnic area.Perfect for professionals, downsizers, history lovers, or buyers seeking something far beyond the ordinary condo experience. Buildings like this rarely come available - especially main floor suites with private access.
Estimate your monthly payments for this property
Estimated Payment
$1,615.60/mo
Includes CMHC insurance ($8,786)
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.
360 Waterloo Avenue Unit 107, 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 $350/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 31 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.
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.