$594,900 - 320 Alma Street Unit 13, Guelph/Eramosa
Condo for Sale in Guelph/Eramosa
137 days on market- MLS Number
- X12962240
- Property Type
- Condo
- Status
- active
- Days on Site
- 137
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Guelph/Eramosa
- Locker
- None
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- Royal LePage Exchange Realty Co.
Beautiful 3-storey townhome condo ideally located directly across from Rockwood Conservation with scenic walking trails just steps away. This home features a bright open-concept living room and kitchen with pot-lights, perfect for both everyday living and entertaining. The third floor offers a spacious primary bedroom along with two additional bedrooms, providing plenty of room for family or guests. A versatile extra room on the main floor can be used as a bedroom, home office, or den to suit your needs. With a renovated 2-piece bathroom (2026), laundry area with access to a single-car garage, and direct walk-out to your backyard deck backing onto green space. This home combines comfort, flexibility, and a fantastic location. With quick access to the University of Guelph and scenic walking trails. Daily essentials are minutes away with Grocery Stores and Restaurants in walking distance. Weekend escapes are easy with Downtown Guelph and 401 access just 15 minutes away. This fantastic location is ready for its next owner to enjoy and call home.
Estimate your monthly payments for this property
Estimated Payment
$3,052.15/mo
Includes CMHC insurance ($16,598)
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 Guelph/Eramosa
Guelph/Eramosa 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 Guelph/Eramosa
- •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
Guelph/Eramosa 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.
320 Alma Street Unit 13, 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 $496/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 137 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Guelph/Eramosa. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Guelph/Eramosa properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,479 (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.