708 Woolwich Street Unit 117, Guelph

Price: $549,900

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X13581894

Welcome to 117-708 Woolwich Street, located in one of North Guelph's sought-after newer communities. Nestled just moments from the scenic Riverside Park, this vibrant neighborhood offers the perfect balance of natural beauty and everyday convenience, with easy access to downtown Guelph, the University of Guelph, shopping, dining, and major amenities. This bright and spacious 2-bedroom, 2-bathroom condo showcases contemporary shaker-style cabinetry, quality finishes, and a thoughtfully designed open-concept layout. The modern kitchen is filled with natural light, creating an inviting space for cooking and entertaining, while the in-suite stackable washer and dryer add everyday convenience. One dedicated parking space is also included. Whether you're searching for a stylish place to call home or a smart addition to your investment portfolio, this property offers exceptional value in a high-demand location with strong rental appeal.

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$549,900 - 708 Woolwich Street Unit 117, Guelph

Condo for Sale in Guelph

35 days on market

Neighbourhood: Riverside Park

3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
X13581894
Property Type
Condo
Status
active
Days on Site
35
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Guelph
Locker
None
Exposure
North West
Balcony
Terrace
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Welcome to 117-708 Woolwich Street, located in one of North Guelph's sought-after newer communities. Nestled just moments from the scenic Riverside Park, this vibrant neighborhood offers the perfect balance of natural beauty and everyday convenience, with easy access to downtown Guelph, the University of Guelph, shopping, dining, and major amenities. This bright and spacious 2-bedroom, 2-bathroom condo showcases contemporary shaker-style cabinetry, quality finishes, and a thoughtfully designed open-concept layout. The modern kitchen is filled with natural light, creating an inviting space for cooking and entertaining, while the in-suite stackable washer and dryer add everyday convenience. One dedicated parking space is also included. Whether you're searching for a stylish place to call home or a smart addition to your investment portfolio, this property offers exceptional value in a high-demand location with strong rental appeal.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.27/mo

Includes CMHC insurance ($15,342)

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5-yr fixed avg.

Principal: $494,910Interest: $336,129
Mortgage Amount$510,252
Total Interest$336,129
Est. Property Tax$390/mo
Total Cost$846,382

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

708 Woolwich Street Unit 117, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$1,590

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 $611/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 35 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.

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.

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 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.

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    708 Woolwich Street Unit 117, Guelph | $549,900 | Battaglia Team