$965,000 - 53 Arthur Street Unit RL5, Guelph
Condo for Sale in Guelph
New — Listed 4 days ago- MLS Number
- X13418946
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Guelph
- Locker
- Ensuite+Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX Aboutowne Realty Corp., Brokerage
AMAZING RIVERFRONT URBAN TOWNHOME in the heart of downtown Guelph. ** 2,136 sq.ft. Townhome flooded with sunlight on all levels** 2 oversize bdrms PLUS den area ** Soaring Ceilings ** Massive windows treated with UV protection ** Hardwood on all levels ** Gourmet kitchen with high end built-in appliances and huge pantry ** Great Room with floor to ceiling fireplace, wired for TV installation **Walkout to 26 Ft Terrace on the River, ready for your BBQ and friends ** PLUS Top Floor balcony with amazing River Views ** Master Bdrm with luxurious 5 piece ensuite and 2 walk-in closets** Second Bdrm also with walk-in closet ** In-suite storage room AND separate heated common area locker ** 2 side by side parking on the main level garage area, just steps to your unit ** Condo Fees include Water, Gas and use of extensive facilities including gym, party room, library and more ** Enjoy a walk along the River Walk connecting to extensive trail system ** Steps to GO train, the downtown dining experience and Royal City Park ** It Cant Get Any Better Than This!!
Estimate your monthly payments for this property
Estimated Payment
$4,950.95/mo
Includes CMHC insurance ($26,924)
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 RL5, 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 $483/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.
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 $4,021 (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.