$779,000 - 71 Wyndham Street Unit 506, Guelph
Condo for Sale in Guelph
39 days on market- MLS Number
- X13083732
- Property Type
- Condo
- Status
- active
- Days on Site
- 39
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Guelph
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Welcome to Unit 506 at 71 Wyndham Street South - where refined living meets the vibrant heart of downtown Guelph. This exceptional 2-bedroom + den, two full bathroom suite with 9-ft ceilings offers 1,255 sq ft of thoughtfully designed living space, complemented by a full-length 170 sq ft balcony with stunning views of the Speed River and downtown skyline. Includes one underground parking space and one same-floor storage locker for added convenience. The L-shaped kitchen is both stylish and functional, featuring waterfall edge island, quartz countertops, abundant cabinetry, and contemporary finishes, seamlessly flowing into the main living space. A standout feature is the private den, tucked away from the main living area, offering the perfect work-from-home setup. The open-concept living and dining area is anchored by a floor-to-ceiling tiled fireplace and enhanced by a seamless walk-out to the balcony. Expansive windows fill the space with natural light, creating a bright and inviting atmosphere. The spacious primary bedroom includes a walk-in closet and a beautifully appointed ensuite with a glass-enclosed shower and double vanity. A second generously sized bedroom, a 4-piece full bathroom, and in-suite laundry complete the well-designed layout. Residents enjoy access to first-class amenities, including a library, fitness centre, elegant social lounges, a guest suite, golf simulator, outdoor terrace with BBQs, and secure bike storage. Located just steps from downtown dining, cafes, shops, the Farmer's Market, GO/VIA transit, and scenic riverside trails, this is a rare opportunity to experience an elevated urban lifestyle in one of Guelph's most sought-after locations.
Estimate your monthly payments for this property
Estimated Payment
$3,996.67/mo
Includes CMHC insurance ($21,734)
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.
71 Wyndham Street Unit 506, 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 $649/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 39 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.
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 $3,246 (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.