73 Arthur Street Unit 514, Guelph

Price: $454,500

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X12939748

ONE YEAR OF CONDO FEES INCLUDED! Built in 2021, this bright and spacious one bedroom + DEN condo includes one very convenient UNDERGROUND PARKING SPOT and a HEATED STORAGE LOCKER. Positioned on the 5th floor, this beautiful unit offers a well-designed, open-concept layout with durable laminate and ceramic flooring throughout (no carpet) and an abundance of natural light. The upgraded kitchen features granite countertops, a large island with breakfast bar seating, and stainless steel appliances, all included. The generous bedroom offers both a walk-in closet and a separate linen closet. Thoughtful NEW updates include new high end light fixtures and custom blinds, giving the space a polished, move-in-ready feel. The versatile DEN provides flexible space for a home office, guest bedroom, dining area, or extra storage. The living and dining area flows seamlessly to a private 115 sq ft patio, ideal for relaxing or entertaining. Enjoy views overlooking the river and courtyard, along with glimpses of downtown. Additional features include in-suite laundry, and condo fees that cover heat and water for added convenience and value. Residents also enjoy premium amenities including a fully equipped gym, party room, speakeasy lounge, and pet cleaning station. Situated in the heart of downtown Guelph, this secure, well-maintained building offers exceptional walkability. Steps to shops, restaurants, the GO Station, transit, groceries, trails, parks, and schools, this location delivers the best of urban living in a vibrant, connected community. Located in the third building of the sought-after Metalworks collective.

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$454,500 - 73 Arthur Street Unit 514, Guelph

Condo for Sale in Guelph

80 days on market
2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X12939748
Property Type
Condo
Status
active
Days on Site
80
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Guelph
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
Coldwell Banker Neumann Real Estate
Description

ONE YEAR OF CONDO FEES INCLUDED! Built in 2021, this bright and spacious one bedroom + DEN condo includes one very convenient UNDERGROUND PARKING SPOT and a HEATED STORAGE LOCKER. Positioned on the 5th floor, this beautiful unit offers a well-designed, open-concept layout with durable laminate and ceramic flooring throughout (no carpet) and an abundance of natural light. The upgraded kitchen features granite countertops, a large island with breakfast bar seating, and stainless steel appliances, all included. The generous bedroom offers both a walk-in closet and a separate linen closet. Thoughtful NEW updates include new high end light fixtures and custom blinds, giving the space a polished, move-in-ready feel. The versatile DEN provides flexible space for a home office, guest bedroom, dining area, or extra storage. The living and dining area flows seamlessly to a private 115 sq ft patio, ideal for relaxing or entertaining. Enjoy views overlooking the river and courtyard, along with glimpses of downtown. Additional features include in-suite laundry, and condo fees that cover heat and water for added convenience and value. Residents also enjoy premium amenities including a fully equipped gym, party room, speakeasy lounge, and pet cleaning station. Situated in the heart of downtown Guelph, this secure, well-maintained building offers exceptional walkability. Steps to shops, restaurants, the GO Station, transit, groceries, trails, parks, and schools, this location delivers the best of urban living in a vibrant, connected community. Located in the third building of the sought-after Metalworks collective.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,331.82/mo

Includes CMHC insurance ($12,681)

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5-yr fixed avg.

Principal: $409,050Interest: $277,816
Mortgage Amount$421,731
Total Interest$277,816
Est. Property Tax$322/mo
Total Cost$699,546

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.

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Neighbourhood Guide: Guelph

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

73 Arthur Street Unit 514, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$322
Insurance (est.)-$95
Net Cash Flow+$1,328

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

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.

Negotiation Opportunity

At 80 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.

Efficient Living

At 700 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.

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    73 Arthur Street Unit 514, Guelph | $454,500 | Battaglia Team