42 Lowes Road Unit 37, Guelph

Price: $669,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X12811286

Experience modern comfort in this 2 bed 2 bath 1,050 sq. ft. end-unit stacked townhome in South Guelph, thoughtfully designed to maximize natural light and everyday functionality. This brand-new residence features a bright, open-concept layout with stainless steel appliances, quartz countertops throughout, and quality finishes that reflect the craftsmanship of Reid's Heritage Homes. The unit includes one dedicated parking space and offers excellent value for both end-users and investors. Buy directly from the Builder and ask about First Time Home Buyer Incentives. Located in South Guelph, this home is surrounded by everyday conveniences including grocery stores, restaurants, fitness centres, parks, and transit. It's just minutes to University of Guelph, making it an ideal option for university staff, students, or investors targeting a high-demand rental area. Quick access to Highway 401 keeps commuting simple, while nearby trails and green spaces balance city living with nature. A smart layout, strong location, and modern finishes-this is low-maintenance living in one of Guelph's most sought-after areas. This home is not yet built. Photos are of Model Home, actual finishes may vary.

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active
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$669,900 - 42 Lowes Road Unit 37, Guelph

Condo for Sale in Guelph

116 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X12811286
Property Type
Condo
Status
active
Days on Site
116
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Guelph
Locker
None
Exposure
North West
Balcony
Enclosed
Listing Brokerage
Eleven Eleven Real Estate Services Inc.
Description

Experience modern comfort in this 2 bed 2 bath 1,050 sq. ft. end-unit stacked townhome in South Guelph, thoughtfully designed to maximize natural light and everyday functionality. This brand-new residence features a bright, open-concept layout with stainless steel appliances, quartz countertops throughout, and quality finishes that reflect the craftsmanship of Reid's Heritage Homes. The unit includes one dedicated parking space and offers excellent value for both end-users and investors. Buy directly from the Builder and ask about First Time Home Buyer Incentives. Located in South Guelph, this home is surrounded by everyday conveniences including grocery stores, restaurants, fitness centres, parks, and transit. It's just minutes to University of Guelph, making it an ideal option for university staff, students, or investors targeting a high-demand rental area. Quick access to Highway 401 keeps commuting simple, while nearby trails and green spaces balance city living with nature. A smart layout, strong location, and modern finishes-this is low-maintenance living in one of Guelph's most sought-after areas. This home is not yet built. Photos are of Model Home, actual finishes may vary.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,436.93/mo

Includes CMHC insurance ($18,690)

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5%10%50%

5-yr fixed avg.

Principal: $602,910Interest: $409,480
Mortgage Amount$621,600
Total Interest$409,480
Est. Property Tax$475/mo
Total Cost$1,031,080

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

42 Lowes Road Unit 37, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$475
Insurance (est.)-$140
Net Cash Flow+$1,095

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 $670/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 116 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.

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 $2,791 (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.

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    42 Lowes Road Unit 37, Guelph | $669,900 | Battaglia Team