$509,000 - 383 Edinburgh Road Unit 30, Guelph
Condo for Sale in Guelph
38 days on marketNeighbourhood: Dovercliffe Park/Old University
- MLS Number
- X13575504
- Property Type
- Condo
- Status
- active
- Days on Site
- 38
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- Royal LePage Royal City Realty
You will love the location of 383 Edinburgh Road South Unit 30! This townhouse was built in 1976, tucked away in the highly desirable and professionally managed Edinburgh Place Condos. It is under the apron of mature trees and in move-in-ready condition. Whether you are looking to take your first step as a first-time home buyer, as a downsizing without compromising on quality, or looking to add to your investment portfolio, this home delivers exceptional value in one of Guelph's most connected neighborhoods. The main floor is bright, open, and built for both lazy Sundays and effortless entertaining. The updated kitchen is a home chef's dream, featuring sleek modern cabinetry under counter lighting, durable granite countertops, and a premium stainless steel appliance package. It flows seamlessly into the main living and dining spaces. Upstairs boasts three generously sized, sunlit bedrooms and a stylishly refreshed 3-piece bathroom. It offers total flexibility to accommodate a growing family, roommates, or a dedicated work-from-home setup . A clean, blank canvas waiting for your personal touch. It features a dedicated laundry area and massive storage potential, or it can be finished to perfectly match your lifestyle needs. Step through the living room walkout into your own private, fully fenced, and landscaped backyard. It is the ultimate backdrop for morning coffees, summer BBQs, or just unwinding after a long day. Forget the weekend chore list. The professionally managed corporation handles the heavy lifting so you don't have to. Your monthly condo fees covers parking, water, cable, and exterior maintenance. Enjoy ultimate energy efficiency and peace of mind with a newer roof, updated insulation, and newer windows and doors. You are minutes away from everything Guelph has to offer, The University of Guelph, Stone Road Mall & premier shopping, local parks, walking trails, and transit routes. This is a smart, stylish move in the heart of the city.
Estimate your monthly payments for this property
Estimated Payment
$2,611.43/mo
Includes CMHC insurance ($14,201)
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 Dovercliffe Park/Old University
Dovercliffe Park/Old University 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 Dovercliffe Park/Old University
- •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
Dovercliffe Park/Old University 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.
383 Edinburgh Road Unit 30, Guelph
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $509/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 38 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. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Dovercliffe Park/Old University
I know Dovercliffe Park/Old University 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 $2,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.