$839,000 - 160 Macdonell Street Unit 901, Guelph
Condo for Sale in Guelph
60 days on marketNeighbourhood: Downtown
- MLS Number
- X13101694
- Property Type
- Condo
- Status
- active
- Days on Site
- 60
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Guelph
- Locker
- Owned
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- The Agency
Welcome to Riverhouse, Guelph's premier downtown residence. Perched on the 9th floor, Unit 901 at 160 Macdonell Street offers an expertly designed two bedroom plus den layout, where thoughtful design and modern finishes combine to create a balance of sophisticated style and functional urban living. The expansive open concept interior flows seamlessly onto an oversized private balcony, providing unobstructed city views and premier exposure for breathtaking evening sunsets.The primary suite serves as a refined retreat, featuring floor to ceiling windows, a spacious walk in closet, and a spa inspired ensuite. A standout feature of this residence is the strategic redesign of the second bedroom and main washroom. The reconfiguration optimized closet space to enlarge the room and incorporated a custom pocket door, creating a distinct and private wing for guests or family. The home is further enhanced by a large den with French doors, ideal for a professional home office and the convenience of insuite laundry.Unique to this unit is the rare advantage of a storage locker located on the same floor for effortless accessibility, along with one dedicated parking space. Life at Riverhouse means enjoying wonderful amenities which include a fitness centre, party room with a bar, and a beautiful outdoor terrace for summer BBQs with friends. Located in the absolute heart of the city, you are mere steps from the GO Station, Sleeman Centre, farmers market, scenic Speed River trails, with the University of Guelph just a six-minute drive away. Immerse yourself in Guelph's finest culinary and boutique scene right outside your front door.
Estimate your monthly payments for this property
Estimated Payment
$4,304.50/mo
Includes CMHC insurance ($23,408)
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.
160 Macdonell Street Unit 901, 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 $599/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 60 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.
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 $3,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.