2 Colonial Drive Unit 314, Guelph

Price: $460,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: X13639728

Stylish updates, exceptional convenience, and the rare bonus of two owned parking spaces make this condo a standout opportunity in Guelph's desirable Pineridge/Westminster Woods neighbourhood. Thoughtfully updated and move-in ready, this 2-bedroom, 2-bathroom home offers comfortable living designed to fit a variety of lifestyles. At the heart of the home, the renovated kitchen features updated cabinetry and countertops, creating a fresh, modern space that flows effortlessly into the open living area. Large windows fill the unit with natural light, while the private balcony provides the perfect spot to enjoy your morning coffee or relax after a busy day.The spacious primary bedroom offers the comfort of its own ensuite bathroom, while the second bedroom is ideal for guests, a home office, or growing families. In-suite laundry adds everyday convenience, and the inclusion of two parking spaces is a rare feature that sets this unit apart. Residents enjoy access to excellent building amenities, including a fitness room, party room, controlled entry, and visitor parking. Located just minutes from shopping, restaurants, parks, trails, schools, public transit, the University of Guelph, and Highway 401, you'll love the ease of living in one of the city's most connected communities. Whether you're searching for your first home, looking to downsize, or adding to your investment portfolio, this turnkey condo offers the perfect blend of comfort, style, and convenience.

2 Colonial Drive Unit 314 - Condo photo 1 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 2 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 3 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 4 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 5 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 6 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 7 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 8 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 9 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 10 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 11 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 12 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 13 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 14 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 15 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 16 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 17 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 18 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 19 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 20 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 21 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 22 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 23 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 24 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 25 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 26 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 27 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 28 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 29 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 30 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 31 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 32 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 33 of 34 in Guelph, Ontario
2 Colonial Drive Unit 314 - Condo photo 34 of 34 in Guelph, Ontario
active
1/34

$460,000 - 2 Colonial Drive Unit 314, Guelph

Condo for Sale in Guelph

Neighbourhood: Pineridge/Westminster Woods

2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
X13639728
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Guelph
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
Bosley Real Estate Ltd.
Description

Stylish updates, exceptional convenience, and the rare bonus of two owned parking spaces make this condo a standout opportunity in Guelph's desirable Pineridge/Westminster Woods neighbourhood. Thoughtfully updated and move-in ready, this 2-bedroom, 2-bathroom home offers comfortable living designed to fit a variety of lifestyles. At the heart of the home, the renovated kitchen features updated cabinetry and countertops, creating a fresh, modern space that flows effortlessly into the open living area. Large windows fill the unit with natural light, while the private balcony provides the perfect spot to enjoy your morning coffee or relax after a busy day.The spacious primary bedroom offers the comfort of its own ensuite bathroom, while the second bedroom is ideal for guests, a home office, or growing families. In-suite laundry adds everyday convenience, and the inclusion of two parking spaces is a rare feature that sets this unit apart. Residents enjoy access to excellent building amenities, including a fitness room, party room, controlled entry, and visitor parking. Located just minutes from shopping, restaurants, parks, trails, schools, public transit, the University of Guelph, and Highway 401, you'll love the ease of living in one of the city's most connected communities. Whether you're searching for your first home, looking to downsize, or adding to your investment portfolio, this turnkey condo offers the perfect blend of comfort, style, and convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,360.04/mo

Includes CMHC insurance ($12,834)

$
$
5%10%50%

5-yr fixed avg.

Principal: $414,000Interest: $281,178
Mortgage Amount$426,834
Total Interest$281,178
Est. Property Tax$326/mo
Total Cost$708,012

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

Neighbourhood Guide: Pineridge/Westminster Woods

Discover Pineridge/Westminster Woods

Pineridge/Westminster Woods 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 Pineridge/Westminster Woods

  • 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

Pineridge/Westminster Woods 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

2 Colonial Drive Unit 314, Guelph

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$326
Insurance (est.)-$96
Net Cash Flow+$1,258

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 $575/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.

Efficient Living

At 800 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 Pineridge/Westminster Woods

I know Pineridge/Westminster Woods 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.

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.

Similar Properties Nearby

Active listings in Guelph with similar features

Search
Log in
    2 Colonial Drive Unit 314, Guelph | $460,000 | Battaglia Team