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$525K · 2+1 bed Condo Apartment · Unit 706, 53 Arthur Street, Guelph, Ontario N1E 5K2 | HomeSearchCanada

$525,000

Unit 706

45 DOM

2+1245d

Map

DOM 45

↓ $24K

$525,000

↓ $24K

DOM45days

Unit 706

53 Arthur Street · Guelph · Ontario N1E 5K2

MLS® X13594176 · St. Patrick's Ward · N1E 5K2

2+12Vacant1000-1199 ft²Condo Apartment1-car UndergroundNo basement45d$477/ft²$5,102 tax/yrNo basement

45 days on market

About this home

Welcome to Metalworks! This stunning 7th-floor corner unit offers beautiful river and city views and features a 2-bedroom plus den layout designed for both comfort and convenience. The suite includes in-suite laundry, a walk-in closet and ensuite bath off the primary bedroom, a storage locker and an underground parking space. Step out onto the private balcony to enjoy the river views. Residents enjoy full access to the exceptional Metalworks amenities, including a fully equipped fitness centre,…

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Property details

MLS#: X13594176
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2+1
Baths: 2 full, 0 half
Rooms: 5 + 1
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: 3 pc · Flat; 4 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: No

Zoning: Residential

Property features: Library, Park, Rec./Commun.Centre, School

Condo corp #: 244
Balcony: Open
Locker: Owned
Association amenities: Concierge, Game Room, Gym, Media Room, Party Room/Meeting Room, Visitor Parking
Fees include: Heat Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Elizabeth Street & Arthur Street South
Stories: 7
Utilities: —
Laundry: Ensuite
Interior: Carpet Free, Separate Heating Controls, Water Heater
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $24KPrice reduction

MLS shows the seller reduced the asking price by $24,000 (from $549,000 to $525,000).

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 SIGNATURE REALTY

Source: TRREB/PROPTX · MLS® X13594176

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$525K

Unit 706 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $525,000✓ $5,102 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,947/mo

incl. closing costs (yr 1)

Annual total

$59,359

year 1

Mortgage only

$1,992/mo

principal + interest

Beyond mortgage

$1,915/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$105,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$425/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

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%$5,250/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$6,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $23,900/yr

Property taxes20% $12,077/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,250/yr

Condo fees13% $7,472/yr

Closing costs9% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$23,900	$1,992/mo
Government & taxes
Property tax	$5,102	$425/mo
Land transfer tax(closing)	$6,975	$581/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,250	$438/mo
Condo fees
Condo / HOA fees	$7,472	$623/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	$59,359	$4,947/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 706

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