281 Bristol Street Unit 204, Guelph

Price: $530,000

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: X13778640

Welcome to Suite 204 at Parkview Terrace. This rare, boutique condo offers house-sized square footage without the maintenance hassle - the ideal bungalow-alternative! Tucked away in a quiet, low-density building with only four suites per floor, this spacious layout delivers the comfort of a single-family home with total turn-key freedom.Forget tiny micro-condos, this suite offers room to live and love where you live. Featuring 2 generous bedrooms, 2 full bathrooms, and a dedicated enclosed den that is perfect for a work-from-home office or hobby room, this floor plan fits real life. The open-concept living and dining spaces are filled with natural light, leading directly out to an exceptionally rare, oversized private terrace. It makes a great outdoor oasis for al fresco dining, container gardening, or morning coffee. Enjoy premium building amenities, including secure covered parking, an in-suite storage setup, a fitness centre and a refreshed party room. Located just steps from the Speed River trails, parks, shopping and walking distance to Downtown Guelph and the GO Station as well as quick access to the Hanlon Expressway (Hwy 6), and the 401.

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active

$530,000 - 281 Bristol Street Unit 204, Guelph

Condo for Sale in Guelph

Neighbourhood: Junction/Onward Willow

2Beds
2Baths
1,400Sq Ft
Condo

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Property Details
MLS Number
X13778640
Property Type
Condo
Status
active
Days on Site
23
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Guelph
Taxes (2026)
$3,972
Maintenance Fees
$1,264/mo
Locker
None
Exposure
South East
Balcony
Terrace
Listing Brokerage
Royal LePage Royal City Realty
Description

Welcome to Suite 204 at Parkview Terrace. This rare, boutique condo offers house-sized square footage without the maintenance hassle - the ideal bungalow-alternative! Tucked away in a quiet, low-density building with only four suites per floor, this spacious layout delivers the comfort of a single-family home with total turn-key freedom.Forget tiny micro-condos, this suite offers room to live and love where you live. Featuring 2 generous bedrooms, 2 full bathrooms, and a dedicated enclosed den that is perfect for a work-from-home office or hobby room, this floor plan fits real life. The open-concept living and dining spaces are filled with natural light, leading directly out to an exceptionally rare, oversized private terrace. It makes a great outdoor oasis for al fresco dining, container gardening, or morning coffee. Enjoy premium building amenities, including secure covered parking, an in-suite storage setup, a fitness centre and a refreshed party room. Located just steps from the Speed River trails, parks, shopping and walking distance to Downtown Guelph and the GO Station as well as quick access to the Hanlon Expressway (Hwy 6), and the 401.

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Estimated Payment

$2,719.17/mo

Includes CMHC insurance ($14,787)

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5-yr fixed avg.

Principal: $477,000Interest: $323,965
Mortgage Amount$491,787
Total Interest$323,965
Est. Property Tax$375/mo
Total Cost$815,752

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

281 Bristol Street Unit 204, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$1,264
Property Tax (est.)-$375
Insurance (est.)-$110
Net Cash Flow+$931

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 $379/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 23 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. The $1264/month fees should cover building insurance, common elements, and reserve contributions.

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.

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 $2,208 (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.

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    281 Bristol Street Unit 204, Guelph | $530,000 | Battaglia Team