$1,279,000 - 53 Arthur Street Unit 1005, Guelph
Condo for Sale in Guelph
Popular Listing- MLS Number
- X13221516
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Guelph
- Locker
- Owned
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- Royal LePage Royal City Realty
This is what happens when you decide you're entirely done compromising. Perched at the very peak of The Metalworks, this top-floor penthouse offers a literal higher level of living that rarely hits the downtown Guelph market. If you've been waiting for a home that feels less like a step down from a detached house and more like a massive upgrade, this is the one. Inside, nearly twelve-foot ceilings and expansive floor-to-ceiling windows flood the space with natural light, managed effortlessly by powered blinds when you actually want some shade. The layout features two proper bedrooms, each equipped with its own dedicated ensuite bathroom, plus an additional powder room so your guests never have to wander into your personal sanctuary. For the remote worker or avid reader, a generous den offers a quiet, distinct office space. The kitchen centers around a massive island that practically begs for casual mornings or evening takeout from your favorite downtown eatery. But the real showstopper is outside. The unit features nearly 1,000 square feet of private terrace, serving up a sweeping 270-degree view of the downtown core and the historic St. Patrick's Ward. It is the ultimate backdrop for morning coffees, evening drinks, or just staring out over the Royal City trying to spot your friends walking by. Speaking of vehicles, you get two secure underground parking spaces equipped with an EV charging plug and built-in bike racks, alongside a separate storage locker for all the gear you swear you'll use this weekend. Living here means full access to premium building amenities (see attachments for a full list of all the many building amenities) and a lifestyle where downtown dining, the Speed River trails, and the farmers' market are your actual neighbors. It is exclusive, meticulously designed, and priced to move. Skip the maintenance of a century home and elevate your lifestyle instead.
Estimate your monthly payments for this property
Estimated Payment
$5,657.45/mo
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.
53 Arthur Street Unit 1005, 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 $711/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.
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.
Bathroom Count Matters
With 3 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 $5,329 (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.