685 Woolwich Street Unit 307, Guelph

Price: $319,900

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13536460

RARE FIND! OVERLOOKING THE SPEED RIVER & THE EVERGREEN CENTRE. 55 plus Building. Retire in style! This envious location combines practicality and convenience with outstanding views.Open concept one bedroom suite with the balcony looking toward Speedvale with a glance of the river. Generous master with large closet. A well appointed kitchen with island. Ensuite laundry with side by side washer/dryer and storage. Controlled entrance with gracious lobby,pool table room, fitness centre, party room, underground parking, direct indoor access to Evergreen Senior Centre for year round social activities and excursions. Enjoy a relaxed worry free lifestyle in the heart of Guelph's beautiful Riverside Park! This is a 55 plus building.No smoking building!

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$319,900 - 685 Woolwich Street Unit 307, Guelph

Condo for Sale in Guelph

47 days on market

Neighbourhood: Riverside Park

1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X13536460
Property Type
Condo
Status
active
Days on Site
47
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Guelph
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
HomeLife Power Realty Inc
Description

RARE FIND! OVERLOOKING THE SPEED RIVER & THE EVERGREEN CENTRE. 55 plus Building. Retire in style! This envious location combines practicality and convenience with outstanding views.Open concept one bedroom suite with the balcony looking toward Speedvale with a glance of the river. Generous master with large closet. A well appointed kitchen with island. Ensuite laundry with side by side washer/dryer and storage. Controlled entrance with gracious lobby,pool table room, fitness centre, party room, underground parking, direct indoor access to Evergreen Senior Centre for year round social activities and excursions. Enjoy a relaxed worry free lifestyle in the heart of Guelph's beautiful Riverside Park! This is a 55 plus building.No smoking building!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,641.25/mo

Includes CMHC insurance ($8,925)

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5-yr fixed avg.

Principal: $287,910Interest: $195,541
Mortgage Amount$296,835
Total Interest$195,541
Est. Property Tax$227/mo
Total Cost$492,376

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: Riverside Park

Discover Riverside Park

Riverside Park 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 Riverside Park

  • 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

Riverside Park 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

685 Woolwich Street Unit 307, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$227
Insurance (est.)-$67
Net Cash Flow+$1,051

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 $457/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 47 days on site, this property has exceeded the typical selling timeline for Guelph. 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.

Efficient Living

At 700 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 Riverside Park

I know Riverside Park 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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    685 Woolwich Street Unit 307, Guelph | $319,900 | Battaglia Team