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Listed 2 months ago

403 - 2 Colonial Drive

Pineridge/Westminster Woods, Guelph

$489,999

Condo Apartment |
2 | 2 | 1 | 1
About this home

Absolutely gorgeous and move-in ready! This bright, stylish top floor, end-unit South End Guelph condo is dressed to impress with granite countertops, wood-look flooring, and soft, neutral finishes that make decorating a breeze. Offering over 810 sq. ft., it features two bedrooms and two full bathrooms, including a lovely primary suite with its own ensuite and a glass-enclosed shower. The open-concept layout feels fresh and inviting perfect for hosting friends with an updated kitchen complete with stainless steel appliances and a chic backsplash overlooking the living and dining area. Step through the patio doors to your private balcony, ideal for morning coffee or unwinding after a long day. Youll also enjoy an underground parking spot, plus building perks like a well-equipped gym, event/party room, and plenty of visitor parking. Just minutes from the University of Guelph, everyday conveniences, and the 401, its a beautiful choice for both homebuyers and investors.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age11-15
Size800-899 sq. ft.
Maintenance Fees$530
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,800
mls© NumberX13665562
Listed ByRoyal LePage Royal City Realty
Water Included
Building Insurance Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,508
Property tax
$317
Heat allowance
$150
Condo fees, half counted
$265
Housing costs
$3,240 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $98,000
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$98,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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