120 Huron Street Unit 218, Guelph

Price: $589,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13591102

Authentic Loft Living At A Price That Finally Makes Sense. This corner suite at the Alice Block offers 1,038 sq. ft. of bright, carpet-free space - 2 bedrooms plus a proper den, 2 full bathrooms, soaring 10-foot ceilings, exposed concrete and ductwork, and oversized windows that fill the unit with natural light. Step out to your 117 sq. ft. private balcony with skyline views, perfect for morning coffee or evening unwinding. Both an exclusive parking space and an owned storage locker are included. The building itself is the kind of address that doesn't come along often: a century-old industrial landmark expertly transformed into contemporary lofts, with amenities that punch far above this price point - a spectacular 2,200 sq. ft. rooftop terrace with BBQs and lounge seating, a fully equipped fitness centre, media room, games room, music room with instruments, elegant party room, pet washing station, and heated bike storage with ramp access. All of it just minutes from downtown Guelph's restaurants, shops, trails, the GO station, and the University of Guelph. Meticulously maintained and move-in ready, this is a rare chance to own a distinctive, heritage-rich home - at the sharpest price the Alice Block has seen. EXTRAS: Parking & Storage Locker Included. Low Utilities (Approx. $140-180/Month). Additional Parking Available Approx. 5 Min Walk From The Building.

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$589,000 - 120 Huron Street Unit 218, Guelph

Condo for Sale in Guelph

33 days on market

Neighbourhood: St. Patrick's Ward

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13591102
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Guelph
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
Coldwell Banker Neumann Real Estate
Description

Authentic Loft Living At A Price That Finally Makes Sense. This corner suite at the Alice Block offers 1,038 sq. ft. of bright, carpet-free space - 2 bedrooms plus a proper den, 2 full bathrooms, soaring 10-foot ceilings, exposed concrete and ductwork, and oversized windows that fill the unit with natural light. Step out to your 117 sq. ft. private balcony with skyline views, perfect for morning coffee or evening unwinding. Both an exclusive parking space and an owned storage locker are included. The building itself is the kind of address that doesn't come along often: a century-old industrial landmark expertly transformed into contemporary lofts, with amenities that punch far above this price point - a spectacular 2,200 sq. ft. rooftop terrace with BBQs and lounge seating, a fully equipped fitness centre, media room, games room, music room with instruments, elegant party room, pet washing station, and heated bike storage with ramp access. All of it just minutes from downtown Guelph's restaurants, shops, trails, the GO station, and the University of Guelph. Meticulously maintained and move-in ready, this is a rare chance to own a distinctive, heritage-rich home - at the sharpest price the Alice Block has seen. EXTRAS: Parking & Storage Locker Included. Low Utilities (Approx. $140-180/Month). Additional Parking Available Approx. 5 Min Walk From The Building.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,021.88/mo

Includes CMHC insurance ($16,433)

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5-yr fixed avg.

Principal: $530,100Interest: $360,029
Mortgage Amount$546,533
Total Interest$360,029
Est. Property Tax$417/mo
Total Cost$906,563

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: St. Patrick's Ward

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

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

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.

70
Walk Score
Varies
Price Range

120 Huron Street Unit 218, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$1,170

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 $589/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 33 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.

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 $2,454 (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.

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    120 Huron Street Unit 218, Guelph | $589,000 | Battaglia Team