$1,777,777 - 73 Arthur Street Unit RRC1, Guelph
Condo for Sale in Guelph
91 days on market- MLS Number
- X12883366
- Property Type
- Condo
- Status
- active
- Days on Site
- 91
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,250 sqft
- Neighbourhood
- Guelph
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- M1 Real Estate Brokerage Ltd
Experience one of Guelph's rarest condos; the most sought-after River Residence in the development. This condo offers 3,378 square feet of luxurious living space, including 1,111-square-feet of terrace with 110 feet of river frontage, promising a lifestyle of comfort and sophistication. Step into a grand foyer with coffered ceilings, setting a refined tone that continues throughout the home. The spacious living room, featuring a Dimplex electric fireplace and bathed in natural light from oversized windows, creates an inviting atmosphere for relaxation or entertaining. The gourmet kitchen is a chef's dream, equipped with top-of-the-line stainless steel Fisher & Paykel appliances, a 6-burner gas rangetop, wall-mount oven, sleek quartz countertops, shaker cabinets, and a waterfall island. The luxurious master ensuite boasts a decadent soaker tub, double sinks, and a basket weave mosaic shower floor, offering a spa-like retreat. The second bedroom features a walk-in closet for ample storage. Modern amenities include a Samsung stacked washer/dryer, Panasonic microwave, and pot lights in the dining and living areas. Elegant touches like brushed nickel door handles and 5" wide maple grey floorboards add sophistication. Three spacious terraces overlooking the river provide the perfect setting for alfresco dining or morning coffee with panoramic views. With three parking spaces, two heated storage lockers, and access to Metalworks Condominiums' exclusive amenities, including a speakeasy, this residence epitomizes luxury living in a prime location.
Estimate your monthly payments for this property
Estimated Payment
$7,863.71/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 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.
73 Arthur Street Unit RRC1, 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 $790/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 91 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.
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.
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 $7,407 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.