150 Wellington Street Unit 306, Guelph

Price: $569,900

1 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X13772738

A downtown apartment with outdoor space is something you simply don't find every day - with a bonus EV charger! This 963 sq. ft. 1 bed, 1 bath home plus a large versatile den offers comfortable interior living with a 1,400 sqft private terrace, giving you an incredible amount of outdoor space right in the heart of the city, including your own BBQ.The terrace is truly the standout feature, offering endless possibilities for entertaining, dining outdoors, gardening, lounging, or creating your own private urban oasis. Whether you're hosting friends or enjoying a quiet morning outside, this expansive space with stunning sunset views allows you to enjoy apartment living in a way that feels anything but ordinary. Inside, you'll find a functional layout with a spacious living room, kitchen, bedroom, bathroom, and flexible den space that can adapt to your lifestyle. For your ultimate convenience, find the gym, home theatre library, and your personal storage area all on the same floor (level 3). Get dressed up and head to the 7th floor skyline terrace complete with stylish billiards room overlooking an expansive outdoor area with group seating and exceptional views of the city. And when you're ready to head out, the location puts you just steps from downtown amenities, with easy access to walking trails, parks, GoTrain, shops, restaurants, and so much more. With downtown undergoing an exciting revitalization, the core is evolving into an even more vibrant destination to live, work and connect. Be part of what's next - discover the possibilities of downtown living today.

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active

$569,900 - 150 Wellington Street Unit 306, Guelph

Condo for Sale in Guelph

Neighbourhood: Downtown

1Beds
1Baths
900Sq Ft
Condo

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Property Details
MLS Number
X13772738
Property Type
Condo
Status
active
Days on Site
26
Bedrooms
1
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Guelph
Taxes (2025)
$3,872
Maintenance Fees
$852/mo
Locker
Owned
Exposure
South West
Balcony
Terrace
Listing Brokerage
Royal LePage Royal City Realty
Description

A downtown apartment with outdoor space is something you simply don't find every day - with a bonus EV charger! This 963 sq. ft. 1 bed, 1 bath home plus a large versatile den offers comfortable interior living with a 1,400 sqft private terrace, giving you an incredible amount of outdoor space right in the heart of the city, including your own BBQ.The terrace is truly the standout feature, offering endless possibilities for entertaining, dining outdoors, gardening, lounging, or creating your own private urban oasis. Whether you're hosting friends or enjoying a quiet morning outside, this expansive space with stunning sunset views allows you to enjoy apartment living in a way that feels anything but ordinary. Inside, you'll find a functional layout with a spacious living room, kitchen, bedroom, bathroom, and flexible den space that can adapt to your lifestyle. For your ultimate convenience, find the gym, home theatre library, and your personal storage area all on the same floor (level 3). Get dressed up and head to the 7th floor skyline terrace complete with stylish billiards room overlooking an expansive outdoor area with group seating and exceptional views of the city. And when you're ready to head out, the location puts you just steps from downtown amenities, with easy access to walking trails, parks, GoTrain, shops, restaurants, and so much more. With downtown undergoing an exciting revitalization, the core is evolving into an even more vibrant destination to live, work and connect. Be part of what's next - discover the possibilities of downtown living today.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,923.88/mo

Includes CMHC insurance ($15,900)

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5%10%50%

5-yr fixed avg.

Principal: $512,910Interest: $348,355
Mortgage Amount$528,810
Total Interest$348,355
Est. Property Tax$404/mo
Total Cost$877,165

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: Downtown

Discover Downtown

Downtown 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 Downtown

  • •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

Downtown 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

150 Wellington Street Unit 306, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,880/mo
Range: $1,598 - $2,162
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,880
Maintenance Fees-$852
Property Tax (est.)-$404
Insurance (est.)-$119
Net Cash Flow+$505

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 $633/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 26 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. The $852/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 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.

About Downtown

I know Downtown 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 $2,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    150 Wellington Street Unit 306, Guelph | $569,900 | Battaglia Team