$1,099,000 - 71 Wyndham Street Unit 601, Guelph
Condo for Sale in Guelph
103 days on marketNeighbourhood: St. Patrick's Ward
- MLS Number
- X12728992
- Property Type
- Condo
- Status
- active
- Days on Site
- 103
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- ENGEL & VOLKERS WATERLOO REGION
Welcome to Edgewater Condos - where luxury meets lifestyle in the heart of downtown Guelph. Unit 601 at 71 Wyndham Street South offers an exceptional blend of modern elegance and everyday comfort. This bright and spacious 2-bedroom + den, 2-bath suite features an open-concept design with hardwood flooring, two private balconies, and a stunning floor-to-ceiling fireplace that anchors the living space beautifully. The sleek kitchen is a true showpiece, complete with quartz countertops, a waterfall island with seating for four, a built-in wine fridge, and a custom walk-in pantry - perfect for cooking enthusiasts and entertainers alike. The primary suite includes a generous walk-in closet, a spa-inspired 3-piece ensuite with heated floors, and direct balcony access. The second bedroom is filled with natural light and conveniently located near the second full bath, also with heated floors. Enjoy two underground parking spaces and a collection of premium amenities including a golf simulator, fitness centre, guest suites, a main floor lounge with billiards and a terrace, plus a 4th-floor library and patio with scenic river views. Steps from the Covered Bridge, The Boathouse, and Guelph's vibrant downtown - this is urban living at its finest.
Estimate your monthly payments for this property
Estimated Payment
$4,861.25/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 St. Patrick's Ward
St. Patrick's Ward 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 St. Patrick's Ward
- •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
St. Patrick's Ward 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 601, 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 $687/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 103 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.
About St. Patrick's Ward
I know St. Patrick's Ward well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $4,579 (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.