40 Northumberland Street 106, Guelph, ON N1H 3A5, Guelph, ON

40 Northumberland Street 106, Guelph, ON N1H 3A5, Guelph, ON photo 2

40 Northumberland Street 106, Guelph, ON N1H 3A5, Guelph, ON photo 3

40 Northumberland Street 106, Guelph, ON N1H 3A5, Guelph, ON photo 4

40 Northumberland Street 106, Guelph, ON N1H 3A5, Guelph, ON photo 5

+7 photos

$509,000

40 Northumberland Street 106, Guelph, ON N1H 3A5, Guelph, ON

Guelph, ON N1H 3A5

2 beds 1 bath Condo Apartment

About this home

This sunlit loft style condo suits both young professionals and retirees alike. Offering 2 bedrooms, stylishly renovated bathroom with walk in shower and stackable Bosch washer/dryer. The renovated kitchen comes complete with high end appliances, drawer-style dishwasher, new flooring and countertops. Located close to it's underground parking spot and storage locker, this unit is steps from a convenient street level side door. With a pedestrian bridge at the end of the street, downtown shops, transit and trains are just minutes away. Character features include soaring 11ft ceilings with original exposed beams and Juliette balcony. The unique outdoor common areas include a rooftop deck perfect for stargazing, South facing balcony where residents grow herbs and a tranquil terrace perfect for lounging with guests, complete with BBQ. Units are rarely offered for sale in this historic building and with the completed renovations, there's nothing to do but relax, settle in and call it home!

Property Score

60/ 100

Overall Property Score

good

A blend of both buyer and investor metrics.

Score breakdown

Walkability

60/100good

Score based on neighborhood density, downtown proximity, and walkable amenities.

Transit Access

62/100good

GO Transit, LRT, and bus access from this neighborhood.

Schools

80/100great

Based on local school rankings (Fraser Institute proxy).

Affordability

62% of city avggreat

Priced below Guelph's average of $825,000.

Appreciation Trend

+1.9%/yrgreat

Guelph has seen +1.9% YoY price change.

Monthly Cash Flow

-$1,431/mopoor

Estimated -$1,431/mo at 20% down, 5% rate, 25-yr amortization.

Cap Rate

2.24%fair

Net operating income divided by purchase price.

Basement Suite Potential

Not viablepoor

This property type typically can't add a basement suite.

Move-In Ready

Avggreat

Estimate. Use the listing description and photos to assess actual condition.

MLS^® # X13044424

Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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