22 Marilyn Drive, Unit 508, Guelph, ON

$400,000
MLS#:X12189467
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on November 6, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Riverside Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $400,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with window unit(s) central cooling and highly efficient baseboard heating via electric

Description

SELLER TO PAY CONDO FEES FOR 12 MONTHS! CONCRETE CONSTRUCTION MEANS NO NOISE FROM NEIGHBOURS. Why settle for cramped and cookie-cutter? When monthly costs are less than renting a similar size apartment. This bright, modern feeling, generously-sized 3-bedroom condo (1,242sq.ft.) offers space, style, and smart storage you wont find in newer builds. There's 1.5 Baths that provide a dedicated bathroom for you and the other for your guests. Freshly painted (May 2025) with rich wood-like floors and flooded with natural light. It features a galley kitchen with a brand-new (May 2025) slide-in stove and range hood, full dining space, loads of closets, and an in-unit store room. Laundry is next door to the unit. Fewer steps than walking to your basement. Enjoy the balcony with green space views, exclusive parking (#23) and locker, (#508) plus, amenities like a library, party room, exercise room and sauna. Your parking spot is steps to the building door for ease and security. Shoppings just up the road at the Smart Centre plaza and Canadian Tire plaza, with quick access to Hwy. 6. Lots of visitor parking. Riverside Park and Speed River Trails at your door step. It's a must see! 360 views for each room.

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Property Summary

This condo apartment located at 22 Marilyn Drive, Guelph is currently for sale and has been available on SousaSells for 409 days. This property is listed at $400,000 with an estimated mortgage of $1,331* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 22 Marilyn Drive, Guelph is in the Riverside Park neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 21, 2025
Sold price information is available to members only
Listed Date6/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionBrick
BasementNone
CountyWellington
Annual Tax$3,256.64

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWindow Unit(s)

Features

Property Features

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

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Location

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22 Marilyn Drive, Unit 508, Guelph, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 22 Marilyn Drive 508, Guelph, ON N1H 7T1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph.

Configure Loan Settings

Interest Rate4.00%
Down Payment$120,000 (30.0%)
* Minimum Canadian down payment required for this price is $20,000.
Amortization Period30 Years
Estimated Monthly Payment$1,331Based on a loan of $280,000 over 30 years.
Purchase Price$400,000
Loan Amount$280,000
Provincial Land Transfer Tax:$4,475
Total Estimated Closing Taxes:$4,475

About Purchasing a Home in Guelph, ON

For a property listed at $400,000 in Guelph, the legal minimum down payment is $20,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,475 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,475.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Riverside Park, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$715,385

People & Families

Age Distribution

Household Composition

One-person households
28%
Families with children
42%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English28%
Canadian22%
Scottish20%
Irish19%

Local Schools Guide

Elementary Schools

L'Odyssée
Public30 Brighton Street, Guelph, Ontario, N1E 3S9
3.3
Edward Johnson
Public397 Stevenson Street North, Guelph, Ontario, N1E 5C1
6.9
Waverley Drive
Public140 Waverley Drive, Guelph, Ontario, N1E 1H2
7.1
June Avenue
Public30 June Avenue, Guelph, Ontario, N1H 1H6
7.4
Holy Rosary
Public365 Stevenson Street North, Guelph, Ontario, N1E 5B7
5.0

Secondary Schools

John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7
Our Lady of Lourdes
Public54 Westmount Road, Guelph, Ontario, N1H 5H7
4.6
Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied68%
Rented32%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.