$459,000 - 264 Alma Street Unit 203, Guelph/Eramosa
Condo for Sale in Guelph/Eramosa
91 days on marketNeighbourhood: Rockwood
- MLS Number
- X13169072
- Property Type
- Condo
- Status
- active
- Days on Site
- 91
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Guelph/Eramosa
- Locker
- None
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- RIGHT AT HOME REALTY
Wow what a beauty!! First time buyers? Sizing down?.... This is a terrific unit for you. Located in the heart of charming Rockwood, walking distance to shops, schools, and parks this sweet unit could be just what you are looking for. An excellent value, this condo apartment was professionally renovated by the property developer in 2022 and features quality upgrades and updates. Lovely modern kitchen with quartz countertops and small breakfast style eating nook, quality laminate flooring throughout, new bath, owned gas hot water tank, brand new wallmounted Air-conditioning unit, and energy efficient water furnace, all beautifully maintained in this spotless unit. This small building has only 18 units and owners share a great sense of community and quiet enjoyment of the building and neighbourhood! There is terrific natural lighting too, as this unit faces the southwest. It's Light and bright even on those rainy days. This unit enjoys a desirable location in the building on the 'walk-in' level' from the main entrance. In addition, the seller has secured a reservation for a 2nd parking space - cost to be negotiated - not included inthe listing price.
Estimate your monthly payments for this property
Estimated Payment
$2,354.91/mo
Includes CMHC insurance ($12,806)
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 Rockwood
Rockwood 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 Rockwood
- •Convenient location in Guelph/Eramosa
- •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
Rockwood 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.
264 Alma Street Unit 203, Guelph/Eramosa
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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 $656/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 91 days on site, this property has exceeded the typical selling timeline for Guelph/Eramosa. 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.
Efficient Living
At 700 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 Rockwood
I know Rockwood 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.