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$520K · 2 bed Condo Apartment · Unit 101, King Edward Place, 57 Suffolk Street, Guelph, Ontario N1H 2J1 | HomeSearchCanada

$520,000

Unit 101

100 DOM

22100d

Map

DOM 100

Motivated Seller

$520,000

Motivated Seller

DOM100days

Unit 101

King Edward Place · 57 Suffolk Street · Guelph · Ontario N1H 2J1

MLS® X13216432 · Downtown · N1H 2J1

22Vacant1000-1199 ft²Condo ApartmentNoneNo basement100d$473/ft²$4,917 tax/yrNo basement

100 days on market

About this home

Forget typical cookie-cutter condo living. Tucked away in one of Guelph's most desirable downtown neighbourhoods, Unit 101 at King Edward Place offers the security and ease of a luxury bungalow within a private, 9-unit boutique landmark. Originally built as a turn-of-the-century schoolhouse and masterfully reimagined by the Shortreed family, this exclusive residence flawlessly pairs rich heritage with modern peace of mind. Massive 2-foot-thick brick walls create an incredibly quiet, energy-effic…

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Property details

MLS#: X13216432
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 6
Kitchens: 1
Size: 1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 4 pc · Main; 3 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Foundation: Stone

Fireplace features: Natural Gas

Building name: King Edward Place
Condo corp #: 81
Balcony: None
Locker: None
Fees include: Building Insurance Included, Parking Included, Water Included, Common Elements Included
Pets: No

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Radiant
Heating fuel: Electric
Cooling: Central Air
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Dublin Street North & Suffolk Street West
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: Built-In Oven
Parking features: —

Additional listing data

ListAOR: One Point Association of REALTORS

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

100 days on market — Listing has been active for 100 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: Royal LePage Royal City Realty

Source: TRREB/PROPTX · MLS® X13216432

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$520K

Unit 101 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $520,000✓ $4,917 tax✓ Electric✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,773/mo

incl. closing costs (yr 1)

Annual total

$57,276

year 1

Mortgage only

$1,973/mo

principal + interest

Beyond mortgage

$1,769/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$104,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$410/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,100 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,200/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$52/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,875

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $23,673/yr

Property taxes21% $11,792/yr

Utilities4% $2,460/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,200/yr

Condo fees13% $7,452/yr

Closing costs9% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$23,673	$1,973/mo
Government & taxes
Property tax	$4,917	$410/mo
Land transfer tax(closing)	$6,875	$573/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,200	$433/mo
Condo fees
Condo / HOA fees	$7,452	$621/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$57,276	$4,773/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 101

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs