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295 Water Street 85, Guelph, ON N1G 2X5

3 beds · 3 baths · 1 kitchen · 6 rooms · 2 parking spaces · 1400-1599 sq ft · No locker · Laundry: In Basement · Condo Townhouse
$649,900

Utilities includedWater

Also includedCommon Elements · Parking · Building Insurance

Maintenance fee
$725 / month
Property tax
$4,167 / year
Included in the fee
Water, Common Elements, Parking, Building Insurance

Welcome to a beautifully updated three-bedroom, two-and-a-half-bathroom townhome nestled in the perfect location backing onto lush green space and the scenic Speed River. Offering a wonderful blend of modern updates, comfortable living spaces, and tranquil surroundings, this move-in-ready home is one you won't want to miss.The recently renovated kitchen is the heart of the home, featuring stylish cabinetry, granite countertops, and new appliances, creating a bright and functional space for both everyday living and entertaining. The spacious primary suite offers a peaceful retreat with a walk-in closet and private ensuite with a walk-in shower.The third level has been refreshed with brand-new carpeting, adding warmth and a fresh, inviting feel throughout the bedrooms. Downstairs, the fully finished lower level provides even more room to relax or entertain, with custom built-in shelving and a cozy fireplace. Whether you envision a family room, home office, movie space, or playroom, this versatile area is ready to suit your needs. With thoughtful updates including a newer furnace (2021), new appliances, and new carpeting, there is plenty of peace of mind for the next owner. Outside, enjoy your private backyard retreat with beautiful views of the surrounding green space and Speed River beyond-a truly special backdrop for morning coffee or summer evenings. Conveniently located close to parks, schools, shopping, and major commuter routes, this home combines the best of modern convenience and natural beauty. Come experience all this wonderful townhome has to offer!

MLS number
X13717084
Type
Condo Townhouse
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
N1G 2X5
Photos
50
Locker
No
Laundry
In Basement
Included in the fee
Water, Common Elements, Parking, Building Insurance
19days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Meezan SchoolElementary227 mNot reported
Guelph Montessori SchoolElementary841 mNot reported
John McCrae Public School
Upper Grand DSB
Elementary852 m8.6 / 10
86% met the standard
Day School -Wellington Centre - ContEd
Upper Grand DSB
Secondary1.0 kmNot reported
Guelph Community Christian SchoolElementary986 mNot reported
Cornerstone Christian SchoolElementary878 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Condo Townhouses in Guelph467 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$551k$612k$672k20252026this home’s asking price
$554klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%99%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d20d40d20252026
40dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo townhouses in guelph. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,332 people.

$79,000Median household income
50%Own their home
33.9%Detached houses
38Median age
26.6%Born outside Canada
40.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35230272 — the few blocks around this address, home to 1,332 people. It describes the area, not this property.

1,332Population
41.2Average age
2.2Household size
$98,000Average household income
$79,000Median household income
50%Own their home
50%Rent
22%Condominiums
27%Born outside Canada
41%University degree
$765,000Average home value
10%Low income
49%Not in the labour force
30%Never married
Under $5,0001%
$5,000 to $9,9991%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9992%
$50,000 to $59,9998%
$60,000 to $69,9995%
$70,000 to $79,9994%
$80,000 to $89,9996%
$90,000 to $99,9993%
$100,000 and over27%
$100,000 to $124,9997%
$125,000 to $149,9996%
$150,000 to $199,9996%
$200,000 and over8%

Percentages are of the 830 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$129,980 · minimum here is $39,990
$2,877.62per month
Borrowed before insurance$519,920
Total borrowed$519,920
Interest over 25 years at 4.5%$343,365

If you rented it out

-$3,949.87per month out of pocket
Rent$0.00
Everything it costs to hold$3,949.87
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by M1 Real Estate Brokerage Ltd. Listing data provided by the Toronto Regional Real Estate Board.