Guelph Condos
In Guelph, condominium homes make up about 55 percent of all living units, with small apartment complexes and townhouses making up the majority of the remaining units. This city offers a wide selection of housing sizes, from lofts to homes with 4 or more bedrooms.
In this city, homeowners make up about 70 percent of the populace, while renters make up the remaining 30 percent. This community didn’t go through a single building boom; rather, new homes were built in Guelph over the course of several decades in the 20th and 21st centuries. A huge contribution of homeowners to the city’s real estate shows the affordability of homes in Guelph.
Number of listings and average price
Guelph condos have 201 listings. This Canadian city has three types of numbers of listings including active listings, sold listings and new listings. Condos have 131 new listings, 21 sold listings and 107 active listings. All of these listings vary with the number of bedrooms. Condos with one bedroom have 29 new listings, 7 sold listings and 25 active listings. Similarly, condos with two bedrooms have 59 new listings, 9 sold listings and 52 active listings. In the same way, 3 bedroom condos have 33 new listings, 2 sold listings and 22 active listings.
The average price for Guelph condos for sale in 2009 was $173,200. According to recent Guelph MLS statistics, the median home price is $765,759, and 380 new homes have been listed in the last 28 days. According to Guelph housing statistics as of right now, a home spends 17 days on average on the market. Average prices vary with the construction styles. In Guelph, the average price of condos is around $514K while this price was $579K about three months ago. Despite the global economic challenges, this decline is very good news for all those who wish to buy a condo in Guelph. Townhomes have an average price of $721K and detached homes have an average price of $893K. This real estate statistics shows the affordability of homes especially condos in Guelph.
Features and Amenities
Different condominium developers offer parking spaces and garages to unit owners in different methods. These areas are sometimes designated as restricted common areas; the condo organization retains ownership but grants the unit owner the sole right to use the space or garage.
Condos available within 550K
Different condos are available for sale within this range. A one bedroom and one bathroom condo of around 700 to 799 sq ft is for sale at 25 KEY CRES, GLUEPH, CANADA. This amazing condo is for $449,999. Another one bedroom and one bathroom condo of around 900 to 999 sq ft is available for sale at 150 WELLINGTON ST, E, GUELPH, CANADA. This amazing condo is only for $550,000.
Some more about Guelph
Guelph consistently ranks among the best cities in Canada to live and work, and for good cause. Our city is situated just minutes from Highway 401 along the Innovation Corridor, which runs from Toronto to Waterloo Region, and boasts a high quality of life, a varied economy, a skilled workforce, and an ideal location.
