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405 - 150 Wellington Street E
Downtown, Guelph
$499,900
Experience elevated urban living at River Mill Condos in this thoughtfully designed 805 sq. ft., 1-bedroom, 1-bathroom suite. Flooded with natural light, the open-concept layout features premium hardwood floors, seamlessly connecting the dining space to a welcoming living area anchored by a sleek electric fireplace. The modern kitchen is an entertainer's dream, equipped with stainless steel appliances and a large quartz peninsula offering ample prep space and seating. The generously sized primary bedroom features a spacious walk-in closet. Enjoy seamless indoor-outdoor living with a direct walk-out from the living room to your private balcony-the perfect retreat for morning coffee or evening sunsets. Residents of River Mill enjoy exceptional amenities, including a fitness centre, party room, theatre, library, BBQ terrace, and a lush rooftop garden. Located just a five-minute walk from downtown Guelph's vibrant restaurants, boutique shops, and the GO Station, this suite is the ultimate turn-key opportunity for first-time buyers, downsizers, or investors.
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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | 6-10 |
| Size | 800-899 sq. ft. |
| Maintenance Fees | $724 |
| Locker | Owned |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,646 |
| mls© Number | X14097276 |
| Listed By | RE/MAX ABOUTOWNE REALTY CORP. |
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%
- $2,559
- Property tax
- $304
- Heat allowance
- $150
- Condo fees, half counted
- $362
- Housing costs
- $3,375 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$104,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $99,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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