$885,000

For saleJust listed

#1407 160 Macdonell Street, Guelph (Downtown) - Single Family for Sale

#1407 160 Macdonell Street, Guelph (Downtown), Ontario, N1H0A9

2 beds2 baths1 parking1,300 ft²$802/mo condo feeListed Yesterday

Overview

This 2-bedroom, 2-bathroom condo in Guelph is for sale offering roughly 1,300 sq ft of space. It has been on the market 1 day, fresher than the Guelph average of 65 days.

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Description

Welcome to Unit 1407 at 160 McDonnell St .Offering 1388 sq feet in the heart of downtown Guelph. This carpet-free condo features 2 bedrooms, 2 bathrooms, a den, and panoramic views of the city skyline, including the Basilica of Our Lady Immaculate. Enjoy the view from the living room with electric fireplace, kitchen, primary bedroom. The primary bedroom features a walk-in closet and a private ensuite. A second bedroom and bathroom offer space for family or guests, while the den works well as a home office or reading room. The condo also offer in unit laundry, the storage locker is on the same floor as your unit. This well-maintained building offers controlled entry, elevator access, and a fourth-floor terrace for barbecuing and gathering with neighbours. Residents also have access to a fitness room, a media room, a lounge with space for cards and billiards, and accommodations for overnight guests. The unit includes one underground parking space, with additional parking for visitors available at a nearby garage. Enjoy downtown living close to public transit, the Sleeman Centre, the River Run Centre, restaurants, shops, and places of worship. (id:66096)

Property Details

MLS®: X14154222
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Other, Other
Cooling: Central air conditioning, Air exchanger, Ventilation system
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $802/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,559.19/yr
Listed: Yesterday

Rooms

Main level

Living room: 6.24 x 3.58 meters
Bedroom: 3.2 x 3.58 meters
Bedroom 2: 4.11 x 2.89 meters
Den: 2.89 x 2.74 meters
Kitchen: 4.87 x 2.59 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior: Concrete
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Guelph (Downtown) listings, avg age

65d

Price / ft²

$681

List price

$885K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Guelph (Downtown) has been listed for 1 day, which is 64 days fresher than the city average of 65. Act while there is still low competition.

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Listed by Carlo L Ferraro · JOAN PERRY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1H)

This home lists at $885,000, about 11.5× the local median household income of $77,000.

Carrying it typically needs a household income of about $172,871 (20% down, 25-yr amortization, stress-tested) — roughly 125% above the area median.

Median household income: $77,000
Population: 42,178
Median age: 41.2
Owner / renter: 54% / 46%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N1H)

$885,000· $681/ft²

For sale

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Full Cost Breakdown

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Down Payment7.18% · $63,500

Min 7.18%50%

Mortgage payment$4,555/mo

↳ CMHC premium ($32,860 capitalized)

Property tax (est.)$463/mo

Condo fee$802/mo

Total monthly$5,820

Cash Needed to Close

Down payment (7.18%)$63,500

Land transfer tax$14,175

Est. closing costs$5,155

Total cash needed$82,830

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