$650,000 - 26 ONTARIO Street Unit 324, Guelph
Condo for Sale in Guelph
New — Listed 6 days agoNeighbourhood: St. Patrick's Ward
- MLS Number
- X13683710
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Guelph
- Locker
- Owned
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- RE/MAX Real Estate Centre Inc
324-26 Ontario is a 1349sqft, 2-storey loft W/1-bdrm+den, 2 bathrooms, 2 parking spots & locker in the coveted Mill Lofts! Originally home to Guelph Worsted & Spinning Company, this building dates to circa 1902 & was converted into boutique condos in 2004. Result is the best of both worlds: modern finishes W/preserved historic character within walking distance of downtown's shops, cafes & restaurants. Open-concept living/dining room makes a lasting impression W/bright layout & authentic loft character. Vaulted ceilings showcase warm wood planks, exposed beams & industrial ductwork while full wall of exposed brick & windows flood space W/natural light. Custom Hunter Douglas smart shades make controlling light & privacy effortless W/sep sunscreen & blackout shades on main windows & motorized shades on skylights-all operated by remote or app. Select smart lighting controls enhance everyday convenience while newer floors through living/dining areas adds a fresh finish. Kitchen W/granite counters & matching full-height backsplash, new S/S appliances, pendant lighting, centre island W/seating, storage & prep room. 2pc bath & laundry completes main level. Upstairs the open loft offers versatile bonus space ideal as office, reading nook or 2nd living area W/potential to be enclosed to create 2nd bdrm. Skylight fills space W/natural light while original wood ceilings, exposed beams & industrial details continue the homes character. Large bdrm under vaulted ceiling, storage & 4pc bath W/granite-topped vanity & tub/shower. W/only 78 units in the building opportunities like this don't come often! Unit incl. 2 parking spots, locker & party room access. Enjoy benefits of maint.-free condo living in a one-of-a-kind setting. Embrace Guelph W/walkable lifestyle close to restaurants, nightlife & GO Station. Standing Room Only-known as Canada's smallest bar is nearby. Nature lovers will enjoy York Rd Park around the corner along W/Eramosa River Trail for walks & biking along the water
Estimate your monthly payments for this property
Estimated Payment
$3,334.84/mo
Includes CMHC insurance ($18,135)
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 St. Patrick's Ward
St. Patrick's Ward 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 St. Patrick's Ward
- •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
St. Patrick's Ward 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.
26 ONTARIO Street Unit 324, 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 $542/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. We'll want to verify the monthly fees and what they include.
About St. Patrick's Ward
I know St. Patrick's Ward 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 $2,708 (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.