208 Silvercreek Parkway Unit 104, Guelph

Price: $300,000

1 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: X13857550

This updated, one bedroom unit provides a rare opportunity to own one of only two one bedroom units in the entire building. This unit has almost 900 square feet of finished living space; featuring a beautifully updated kitchen, complete with new cabinetry, stainless steel appliances, as well as new backsplash, countertops and tile. This unit has a spacious living room with plenty of natural light coming through the many windows with California shutters, and double doors to your Juliet balcony. The bedroom features a large walk-in closet, and a large 4-piece washroom. There is added storage space in the foyer closet, as well as the utility room, which features your own in-suite laundry. From the kitchen, to the updated flooring throughout, this unit is sure to impress! Ideally located on the main floor of a quiet, incredibly friendly, not for profit, non-denominational, senior lifestyle community building. This is a wonderful space for entertaining all your family and guests, and when you require additional space for large gatherings you can use the common room, and for overnight or out of town guests, for a small fee you can rent the guest suite. You also have 24/7 access to the gym, library, and a fully stocked workshop for all your mending and tinkering needs. LSRC's intent is to provide quality, reasonably priced senior lifestyle living for those living in Guelph. We aim to foster an atmosphere of positivity, and community for the benefit of all its residents. Lutheridge is a non-smoking building. This property is a Life Lease building, and requires cash only offers as no mortgage can be registered against a life lease, however no land transfer tax, or legal fees are paid on closing. The monthly fee includes property taxes and municipal water.

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active
New Listing

$300,000 - 208 Silvercreek Parkway Unit 104, Guelph

Condo for Sale in Guelph

New — Listed 5 days ago

Neighbourhood: Junction/Onward Willow

1Beds
1Baths
800Sq Ft
Condo

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Property Details
MLS Number
X13857550
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
1
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Guelph
Taxes (2026)
$1,608
Maintenance Fees
$720/mo
Locker
None
Exposure
South East
Balcony
Juliette
Listing Brokerage
LifeStyle International Realty Inc
Description

This updated, one bedroom unit provides a rare opportunity to own one of only two one bedroom units in the entire building. This unit has almost 900 square feet of finished living space; featuring a beautifully updated kitchen, complete with new cabinetry, stainless steel appliances, as well as new backsplash, countertops and tile. This unit has a spacious living room with plenty of natural light coming through the many windows with California shutters, and double doors to your Juliet balcony. The bedroom features a large walk-in closet, and a large 4-piece washroom. There is added storage space in the foyer closet, as well as the utility room, which features your own in-suite laundry. From the kitchen, to the updated flooring throughout, this unit is sure to impress! Ideally located on the main floor of a quiet, incredibly friendly, not for profit, non-denominational, senior lifestyle community building. This is a wonderful space for entertaining all your family and guests, and when you require additional space for large gatherings you can use the common room, and for overnight or out of town guests, for a small fee you can rent the guest suite. You also have 24/7 access to the gym, library, and a fully stocked workshop for all your mending and tinkering needs. LSRC's intent is to provide quality, reasonably priced senior lifestyle living for those living in Guelph. We aim to foster an atmosphere of positivity, and community for the benefit of all its residents. Lutheridge is a non-smoking building. This property is a Life Lease building, and requires cash only offers as no mortgage can be registered against a life lease, however no land transfer tax, or legal fees are paid on closing. The monthly fee includes property taxes and municipal water.

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Estimated Payment

$1,539.16/mo

Includes CMHC insurance ($8,370)

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5-yr fixed avg.

Principal: $270,000Interest: $183,377
Mortgage Amount$278,370
Total Interest$183,377
Est. Property Tax$213/mo
Total Cost$461,747

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: Junction/Onward Willow

Discover Junction/Onward Willow

Junction/Onward Willow 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 Junction/Onward Willow

  • •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

Junction/Onward Willow 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

208 Silvercreek Parkway Unit 104, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$720
Property Tax (est.)-$213
Insurance (est.)-$63
Net Cash Flow+$804

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 $375/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Guelph's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $720/month fees should cover building insurance, common elements, and reserve contributions.

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 Junction/Onward Willow

I know Junction/Onward Willow 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.

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    208 Silvercreek Parkway Unit 104, Guelph | $300,000 | Battaglia Team