$525,000 - 7 Kay Crescent Unit 305, Guelph
Condo for Sale in Guelph
Neighbourhood: Pineridge/Westminster Woods
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- MLS Number
- X13772880
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Guelph
- Taxes (2025)
- $4,179
- Maintenance Fees
- $522/mo
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- Royal LePage Royal City Realty
Welcome to 7 Kay Crescent, Suite 305, ideally located in Guelph's highly sought-after South End. From the moment you step inside, you'll appreciate the lovely décor, thoughtful layout and welcoming atmosphere of this beautifully appointed suite. The open concept design makes everyday living and entertaining effortless, with plenty of space to gather, dine and relax. A dedicated dining room is a rare condo find and offers the perfect setting for dinner parties and family meals. If you prefer, you can transform it into a stylish home office, den or flex space. The inviting living room is the perfect place to unwind, with a comfortable, relaxed feel that makes you want to settle in and stay awhile. The thoughtfully designed split-bedroom layout provides excellent privacy, with the spacious primary bedroom tucked into its own private wing and compliments with an ensuite bathroom. The second bedroom is located on the opposite side of the suite and is conveniently served by a second full bathroom-perfect for guests, family or a roommate. Step outside onto your private balcony and enjoy a lovely outlook and a little fresh air. Start your day with coffee while watching the sunrise, or wind down in the evening with your favourite beverage as you take in the scenery. The location can't be beat, just minutes from the University of Guelph and within walking distance to grocery stores, shopping, restaurants and everyday amenities. Add quick access to the 401 and TWO PARKING SPACES, and this one checks all the boxes. Whether you're looking to enter the market, simplify and downsize, or add a solid property to your investment portfolio, 305-7 Kay Crescent is an opportunity worth seeing.
Estimate your monthly payments for this property
Estimated Payment
$2,693.52/mo
Includes CMHC insurance ($14,648)
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 Pineridge/Westminster Woods
Pineridge/Westminster Woods 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 Pineridge/Westminster Woods
- •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
Pineridge/Westminster Woods 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.
7 Kay Crescent Unit 305, Guelph
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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 $583/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 26 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. The $522/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 900 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 Pineridge/Westminster Woods
I know Pineridge/Westminster Woods 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 $2,188 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.