$369,000 - 55 Yarmouth Street Unit 508, Guelph
Condo for Sale in Guelph
New — Listed 5 days ago- MLS Number
- X13232826
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- Royal LePage Royal City Realty
Welcome to Suite 508 at 55 Yarmouth Street. A bright and stylish condo in one of Guelph's most walkable locations. This beautifully decorated one-bedroom condo is ideally situated in a well-established building, offering the perfect blend of comfort, convenience, and downtown living just steps from the vibrant heart of the city.Enjoy excellent walkability to shops, restaurants, cafés, the GO Station, and the new Guelph Central Library (scheduled for completion in Fall 2026), along with convenient transit access to the University of Guelph and nearby walking trails.Inside, the spacious open-concept living and dining area is filled with natural light from large east-facing windows, creating a warm and inviting space to relax or entertain. The modern kitchen features granite countertops, a tiled backsplash, and a breakfast bar perfect for casual dining.The generous primary bedroom offers plenty of room for a home office, reading nook, or nursery area and includes a large walk-in closet. Additional features include in-suite laundry, an updated bathroom, one surface parking space, and the added value of heat and water included in the condo fees.An ideal opportunity for professionals, graduate students, first-time buyers, or anyone looking to enjoy a low-maintenance lifestyle in a prime central location.
Estimate your monthly payments for this property
Estimated Payment
$1,893.16/mo
Includes CMHC insurance ($10,295)
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.
55 Yarmouth Street Unit 508, 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 $461/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.
Efficient Living
At 800 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.
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.