$289,900

For sale

#606 358 Waterloo Avenue, Guelph (Junction/Onward Willow) - Single Family for Sale

#606 358 Waterloo Avenue, Guelph (Junction/Onward Willow), Ontario, N1H7Y3

1 bed1 bath1 parking$691/mo condo feeListed 103 days ago

Overview

This 1-bedroom, 1-bathroom condo in Guelph is for sale. Listed at $289,900, it is attractively priced about 25% below the $385,000 median asking price in Guelph.

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Description

Welcome to easy, affordable condo living in one of Guelph's most convenient locations! This bright and spacious one bedroom plus den condo offers incredible value for first-time buyers, downsizers or anyone looking for a low-maintenance lifestyle. Large windows fill the open-concept living space with natural light, creating a warm and inviting atmosphere you'll love coming home to. The functional galley kitchen flows seamlessly into the living and dining area, making it perfect for both everyday living and entertaining. The generous primary bedroom offers plenty of space to unwind, while the versatile den is ideal for a home office, guest room, or hobby space. The 4 piece bath is easy to access from primary bedroom and has vinyl plank flooring and generous vanity. Enjoy the convenience of in-suite laundry plus an additional storage room. This is a well-maintained building with on-site superintendent and controlled entry. Great amenities including community bbq, sauna, party room and exercise room. Located just minutes from downtown Guelph, the Hanlon Expressway, shopping, parks, and scenic walking trails, you'll have everything you need right at your doorstep! (id:66096)

Property Details

MLS®: X13602352
Property Type: Single Family
Zoning: R4-49
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: No Garage
Condo Fee: $691/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,194/yr
Listed: 103 days ago

Rooms

Main level

Living room: 4.45 x 3.65 meters
Den: 3.7 x 3 meters
Kitchen: 2.49 x 2.46 meters
Primary Bedroom: 4.85 x 3.05 meters
Dining room: 3.94 x 3.65 meters
Laundry room: 2 x 1.6 meters
Other: 3.05 x 1.1 meters
Bathroom

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Exterior: Concrete
Lot Features: Wooded area, Elevator, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

103d

Guelph (Junction/Onward Willow) listings, avg age

76d

List price

$290K

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 1-bed single family in Guelph (Junction/Onward Willow) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Royal LePage Royal City Realty · LORNA RONALD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1H)

This home lists at $289,900, about 3.8× the local median household income of $77,000.

Carrying it typically needs a household income of about $56,628 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$289,900

For sale

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Full Cost Breakdown

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Down Payment5% · $14,495

Min 5%50%

Mortgage payment$1,527/mo

↳ CMHC premium ($11,016 capitalized)

Property tax (est.)$183/mo

Condo fee$691/mo

Total monthly$2,401

Cash Needed to Close

Down payment (5%)$14,495

Land transfer tax$2,824

Est. closing costs$3,370

Total cash needed$20,689

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