55 Yarmouth Street Unit 903, Guelph

Price: $429,900

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13699516

Bright, top-floor 2 bedroom condo offering a comfortable layout, plenty of storage and fantastic west-facing views over the treetops and surrounding downtown neighbourhood. This 1,000 SQFT, move-in ready unit features plenty of natural light and includes crown moulding, updated light fixtures and dimmer switches, all complemented by a neutral colour palette. The galley-style kitchen features granite countertops, subway tile backsplash, light cabinetry and tiled floors, along with stainless steel appliances including the fridge, stove, built-in microwave and dishwasher. An upgraded kitchen faucet adds a nice finishing touch, while generous counter and storage space keeps the kitchen practical for everyday use. Both bedrooms are spacious with generous closet space and carpets updated in 2021. Plus, the primary bedroom has its own A/C wall unit. Storage is well covered throughout the unit, with a front entrance closet, bathroom linen closet and a separate walk-in laundry room with additional storage space. The unit also comes with a conveniently located underground parking space right beside the doors to the parking level elevator lobby. Within walking distance to Downtown Guelph shopping and amenities, cafes, grocery, restaurants, bars, as well as parks and trails. It is steps from Guelph Transit stops and just minutes from Guelph Central Station, offering convenient access to Guelph Transit, GO buses & trains, and VIA Rail + the University of Guelph campus. Condo fees include heat and water. Wall-unit A/C in living room & primary bedroom. Book your private showing today!

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New Listing
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$429,900 - 55 Yarmouth Street Unit 903, Guelph

Condo for Sale in Guelph

New — Listed 3 days ago

Neighbourhood: Downtown

2Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13699516
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Guelph
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
Royal LePage Royal City Realty
Description

Bright, top-floor 2 bedroom condo offering a comfortable layout, plenty of storage and fantastic west-facing views over the treetops and surrounding downtown neighbourhood. This 1,000 SQFT, move-in ready unit features plenty of natural light and includes crown moulding, updated light fixtures and dimmer switches, all complemented by a neutral colour palette. The galley-style kitchen features granite countertops, subway tile backsplash, light cabinetry and tiled floors, along with stainless steel appliances including the fridge, stove, built-in microwave and dishwasher. An upgraded kitchen faucet adds a nice finishing touch, while generous counter and storage space keeps the kitchen practical for everyday use. Both bedrooms are spacious with generous closet space and carpets updated in 2021. Plus, the primary bedroom has its own A/C wall unit. Storage is well covered throughout the unit, with a front entrance closet, bathroom linen closet and a separate walk-in laundry room with additional storage space. The unit also comes with a conveniently located underground parking space right beside the doors to the parking level elevator lobby. Within walking distance to Downtown Guelph shopping and amenities, cafes, grocery, restaurants, bars, as well as parks and trails. It is steps from Guelph Transit stops and just minutes from Guelph Central Station, offering convenient access to Guelph Transit, GO buses & trains, and VIA Rail + the University of Guelph campus. Condo fees include heat and water. Wall-unit A/C in living room & primary bedroom. Book your private showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,205.61/mo

Includes CMHC insurance ($11,994)

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5-yr fixed avg.

Principal: $386,910Interest: $262,779
Mortgage Amount$398,904
Total Interest$262,779
Est. Property Tax$305/mo
Total Cost$661,683

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

55 Yarmouth Street Unit 903, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$305
Insurance (est.)-$90
Net Cash Flow+$1,315

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 $430/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Guelph's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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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    55 Yarmouth Street Unit 903, Guelph | $429,900 | Battaglia Team