40 Northumberland Street Unit 306, Guelph

Price: $499,900

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: X13839848

RARE Top-Floor Corner Loft in an Exclusive Heritage Building! Welcome home to character, light, and quiet sophistication. Nestled inside a boutique heritage building of only 18 units, this top-floor corner loft offers an elevated living experience with unmatched privacy and charm. Beyond gorgeous and incredibly spacious, this home is perfect for young professionals, retirees, or anyone looking to own a true piece of history. While you may find interesting condos downtown, nothing compares to the "Lofts at 40 Northumberland", one of the most desirable pre-war buildings in the city. As you enter this light-filled home, it's immediately clear you're witnessing something special. Exposed pipes, columns, open beams, and soaring 13' ceiling heights honor the building's rich heritage as a former Garment Factory while providing a dramatic, gallery-like feel to showcase your favorite artwork. Tastefully and freshly painted from top to bottom with brand-new flooring, smartly based on a neutral palette. Just past the entry foyer ,featuring a dramatic custom water colour wave panel, the kitchen overlooks the open-concept living/dining area. The principal bedroom enjoys bright, all-day light, while the second bedroom makes a peaceful retreat or an ideal study. Being a top-floor corner suite, the space is wrapped in natural light, framing tranquil views while keeping everyday living peaceful and quiet. You'll enjoy exclusive access to a beautiful rooftop patio with stunning, unobstructed city views, a first-floor terrace, and landscaped private gardens for quiet relaxation. Conveniently tucked away from the hustle and bustle, yet steps to downtown, public transit, local shopping, and incredible restaurants. Enjoy the convenience of your own dedicated indoor parking spot and a separate storage locker, a true premium for loft living. With its intimate community feel and historic charm, this is a unique property that rarely comes to market.

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active

$499,900 - 40 Northumberland Street Unit 306, Guelph

Condo for Sale in Guelph

Popular Listing

Neighbourhood: Downtown

2Beds
1Baths
800Sq Ft
Condo

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Property Details
MLS Number
X13839848
Property Type
Condo
Status
active
Days on Site
8
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Guelph
Taxes (2026)
$3,766
Maintenance Fees
$669/mo
Locker
Exclusive
Exposure
West
Balcony
Juliette
Listing Brokerage
Royal LePage Royal City Realty
Description

RARE Top-Floor Corner Loft in an Exclusive Heritage Building! Welcome home to character, light, and quiet sophistication. Nestled inside a boutique heritage building of only 18 units, this top-floor corner loft offers an elevated living experience with unmatched privacy and charm. Beyond gorgeous and incredibly spacious, this home is perfect for young professionals, retirees, or anyone looking to own a true piece of history. While you may find interesting condos downtown, nothing compares to the "Lofts at 40 Northumberland", one of the most desirable pre-war buildings in the city. As you enter this light-filled home, it's immediately clear you're witnessing something special. Exposed pipes, columns, open beams, and soaring 13' ceiling heights honor the building's rich heritage as a former Garment Factory while providing a dramatic, gallery-like feel to showcase your favorite artwork. Tastefully and freshly painted from top to bottom with brand-new flooring, smartly based on a neutral palette. Just past the entry foyer ,featuring a dramatic custom water colour wave panel, the kitchen overlooks the open-concept living/dining area. The principal bedroom enjoys bright, all-day light, while the second bedroom makes a peaceful retreat or an ideal study. Being a top-floor corner suite, the space is wrapped in natural light, framing tranquil views while keeping everyday living peaceful and quiet. You'll enjoy exclusive access to a beautiful rooftop patio with stunning, unobstructed city views, a first-floor terrace, and landscaped private gardens for quiet relaxation. Conveniently tucked away from the hustle and bustle, yet steps to downtown, public transit, local shopping, and incredible restaurants. Enjoy the convenience of your own dedicated indoor parking spot and a separate storage locker, a true premium for loft living. With its intimate community feel and historic charm, this is a unique property that rarely comes to market.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
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5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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: Downtown

Discover Downtown

Downtown 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 Downtown

  • •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

Downtown 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

40 Northumberland Street Unit 306, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$669
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,073

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 $625/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.

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 $669/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 800 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 Downtown

I know Downtown 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.

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    40 Northumberland Street Unit 306, Guelph | $499,900 | Battaglia Team