55 Yarmouth Street, Guelph, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Downtown. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $479,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available
- Notable attributes: Other
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
Welcome to Suite 503 at 55 Yarmouth Street, a beautifully updated 2 bedroom, 1 bathroom, 1000+ sq ft condo perfectly situated in the heart of Downtown Guelph. Offering low-maintenance living, this well-maintained unit is move-in ready and showcases a long list of recent updates throughout. Enjoy a fresh, modern feel created by all-new flooring (2024), fresh paint, new blinds, and updated sink and shower fixtures. The stylish kitchen features stainless steel appliances, a contemporary backsplash, and ample cabinetry, providing both functionality and appeal. The spacious open-concept living and dining area is flooded with natural light from oversized windows and offers stunning views of the downtown neighbourhood. Thoughtful built-in cabinetry in the dining area adds both charm and versatility, making the perfect space for a coffee bar, home beverage station, display shelving, or additional storage. The unit is complete with two generously sized bedrooms, a full 4pc bathroom, and a dedicated laundry area for added convenience. Located in a mature and well-managed building, residents enjoy a quiet atmosphere while being just steps from Downtown Guelph's vibrant selection of restaurants, cafés, shopping, parks, entertainment venues, public transit, and the GO Station. Whether you're a first-time buyer, investor, professional, or downsizer, this is an excellent opportunity to own an updated condo in one of Guelph's most walkable and convenient neighbourhoods. One surface parking space is included.
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Pricing & Value Insights
Data-driven valuation for 55 Yarmouth Street 503, Guelph, ON N1H 7R4
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About Purchasing a Home in Guelph, ON
For a property listed at $479,900 in Guelph, the legal minimum down payment is $23,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,073 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,073.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.