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    for sale
    43 Days on Strata
    Est Sell Timeframe:
    25 Days

    501 - 150 WELLINGTON St E

    $559,000
    1 Bed
    1 Bath
    1 Parking
    951 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $804/mth
    Taxes:
    $3,830 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $588/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    Dec 1
    Exposure:
    West

    Amenities

    Gym
    Guest Suites
    Rooftop Deck
    Games Room
    Party Room

    About this Listing

    Welcome to Suite 501, a perfectly appointed one-bedroom plus den unit spanning 951 square feet on the fifth level of the acclaimed River Mill Condominiums. This refined space has been meticulously finished to the highest standard, starting with the flow of engineered hardwood throughout the bright, open layout. The centerpiece is the living room's sleek stone electric fireplace, complemented by the stunning chef's space a kitchen featuring premium stainless steel appliances, substantial granite countertops, and designer valance lighting. The highly versatile den provides ideal flexibility for a work-from-home setup or a private reading nook. Retire to the bedroom and start your day in the beautifully designed, spa-like washroom. A dedicated Locker and secure underground parking space are included, ensuring seamless downtown living. The building's amenities redefine luxury. Socialize in the 7th-floor lounge or on the magnificent rooftop terrace (over 4,000 sq. ft.) with BBQs and dining areas. For quiet moments, explore the vast 12,000 sq. ft. garden terrace or utilize the library and media room. Keep fit in the state-of-the-art fitness center. Connectivity couldn't be better. Everything is at your doorstep: riverside paths, the city's best restaurants and shopping, and immediate access to the GO train and bus transit hub. Enjoy predictable monthly budgeting, as the condo fee generously covers heating, cooling, and water.

    ExtrasBuilt-in Microwave, Dishwasher, Dryer, Refrigerator, Smoke Detector, Stove, Washer, Window Coverings

    planet realty incMLS® #X12457405

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Not Included
    Heating Type
    Forced Air
    Heat Source
    Other
    Air Conditioning Type
    Central Air

    Dimensions


    Den
    11.22 x 8.99ft
    Kitchen
    12.99 x 9.22ft
    Living
    15.49 x 19ft
    Primary
    10.24 x 13.98ft
    Bathroom
    10.17 x 4.99ft

    Building Spotlight

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    Days on Strata

    Units at River Mill Condos spend an average of
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Guelph Downtown

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 8 condos in the Guelph Downtown area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    River Mill Condos offers the
    ?
    N/A
    best value out of 8 condos in the Guelph Downtown neighbourhood

    Appreciation Rank

    River Mill Condos has the
    ?
    N/A
    highest ROI out of 8 condos in the Guelph Downtown neighbourhood

    Rental Yield

    River Mill Condos yields the
    ?
    N/A
    highest rent prices out of 8 condos in the Guelph Downtown neighbourhood

    High Demand

    River Mill Condos is the
    ?
    N/A
    most popular building out of 8 condos in the Guelph Downtown neighbourhood

    Market Insights

    Transaction Insights at River Mill Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$525,000 - $588,000$560,000$698,000No Data
    Avg. Cost Per Sqft$747$615$608No Data
    Avg. Wait for Unit Availability213 Days558 Days71 Days768 Days
    Ratio of Units in Building18%10%70%4%

    Market Inventory

    Total number of units listed and sold in Guelph Downtown