$520,000 - 40 Silvercreek Parkway Unit 44, Guelph
Condo for Sale in Guelph
- MLS Number
- X13153510
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- East West
- Balcony
- None
- Listing Brokerage
- eXp Realty
HELP FOR 1ST TIME HOMEBUYERS: 1 YEAR OF CONDO FEES INCLUDED IN PRICE. Cozy, sunny and move in ready townhouse with 2+1 bedrooms. Compared to others - this kitchen offers lots of counter space, drawers and storage, the primary bedroom will fit a king size bed, the bathroom has a tub for soaking, the basement is finished and clean and the backyard is gated, pretty and private. The condo fee is lower than most others and the windows are newer - you don't hear the traffic. Recent upgrades: washing machine, owned & larger hot water tank, central A/C (2021), duct cleaning (2025). Most of the furniture is also available for purchase - so you could move in to a furnished home! Bonus: Xmas tree in your yard, kids playground on property and fantastic neighbours. Very close to shopping, community centre, bus, parks and the beautiful downtown Guelph with GO train to union station in Toronto.
Estimate your monthly payments for this property
Estimated Payment
$2,667.87/mo
Includes CMHC insurance ($14,508)
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.
40 Silvercreek Parkway Unit 44, Guelph
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $578/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 29 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.
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 $2,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.