$699,900 - 150 Wellington Street Unit 901, Guelph
Condo for Sale in Guelph
Neighbourhood: Downtown
- MLS Number
- X13468408
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- Keller Williams Home Group Realty
Imagine waking up to soft natural light streaming through floor-to-ceiling windows, enjoying your morning coffee on a private balcony overlooking the historic rooftops of Guelph, and having the city's best culture right at your doorstep. Welcome to Suite 901 at River Mill. This immaculate residence offers the space and convenience you need, including the highly coveted and rare benefit of two secure parking spaces. From the elegant foyer to the premium finishes throughout, every detail of this home whispers sophistication. The heart of the suite is a beautiful open-concept living area and a quartz-clad chef's kitchen, designed to bring people together. The thoughtful split-bedroom layout ensures maximum privacy for guests or a home office, while the primary bedroom serves as a peaceful retreat with its own spa-inspired glass shower ensuite. Life at River Mill feels like a boutique hotel, complete with a sky lounge, library, theater, fitness center, and a beautiful garden terrace. Step outside onto the tree-lined banks of the Speed River and walk to the local Farmers' Market, cozy cafés, and parks. It's more than a condominium; it's a community you'll love coming home to.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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 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
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.
150 Wellington Street Unit 901, Guelph
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Rental income estimator & ROI calculator
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 $700/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 18 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 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 $2,916 (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.