$689,999 - 361 Arkell Road Unit 6, Guelph
Condo for Sale in Guelph
New — Listed 4 days ago- MLS Number
- X13418654
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,200 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- Royal LePage Royal City Realty
This move-in-ready 3+1 bedroom, 3.5 bathroom townhome delivers the space, layout, and flexibility today's buyers want! Perfect for a move-up buyer craving more room, a young family looking to settle into a welcoming neighbourhood, or an investor seeking a strong rental opportunity near the University and public transit - this one checks all the boxes. The open-concept main floor is designed for everyday living and easy entertaining, with a social kitchen featuring a central island that overlooks the dining and living areas. Sliding doors lead to a private deck, creating the perfect setup for summer BBQs. Upstairs, the primary bedroom enjoys its own ensuite, while two additional bedrooms are serviced by a full main bath - ideal for growing families. The finished basement adds even more value, offering a fourth bedroom with an egress window and private ensuite, making it perfect for guests, extended family, or a mature student. There's also bonus space for a dedicated work-from-home nook! Ideally located just minutes from schools, parks, shopping, public transit, the University of Guelph, Starkey Hill trails, and Highway 401 access, this is truly a lifestyle-driven location. Low condo fees include snow removal, lawn maintenance, and coverage of major exterior components such as the roof - giving you the ease of low-maintenance living with added peace of mind whether you're moving in or adding to your investment portfolio.
Estimate your monthly payments for this property
Estimated Payment
$3,540.05/mo
Includes CMHC insurance ($19,251)
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.
361 Arkell Road Unit 6, 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 $575/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Guelph's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $2,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.