150 Wellington Street E 405, Guelph

$499,900
150 Wellington Street E 405

$499,900

New
3d
Condo Apartment1 Storey/Apt

150 Wellington Street E 405, Guelph

Total Monthly Obligation $3,245

Beds
1
Baths
1
Park
1
Sqft
800-899
DOM
3d
Score
17
Yield
5.5%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-X14097276
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 20, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-6-10
Taxes-$3,646.35 (2026)
Maintenance-$724.47/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Exterior-Stone, Metal/Steel Siding
Possession-Flexible
Neighbourhood-Downtown
Title-Residential Condo & Other

No agent assigned

Experience elevated urban living at River Mill Condos in this thoughtfully designed 805 sq. ft., 1-bedroom, 1-bathroom suite. Flooded with natural light, the open-concept layout features premium hardwood floors, seamlessly connecting the dining space to a welcoming living area anchored by a sleek electric fireplace. The modern kitchen is an entertainer's dream, equipped with stainless steel appliances and a large quartz peninsula offering ample prep space and seating. The generously sized primary bedroom features a spacious walk-in closet. Enjoy seamless indoor-outdoor living with a direct walk-out from the living room to your private balcony-the perfect retreat for morning coffee or evening sunsets. Residents of River Mill enjoy exceptional amenities, including a fitness centre, party room, theatre, library, BBQ terrace, and a lush rooftop garden. Located just a five-minute walk from downtown Guelph's vibrant restaurants, boutique shops, and the GO Station, this suite is the ultimate turn-key opportunity for first-time buyers, downsizers, or investors.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,245/mo
Mortgage $2,016
Monthly Loss $2,714
Principal$531
Interest$1,486
Property Tax$304
Condo Fees$724
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.6%13
10-Year IRR
7.4%
Returns Index
7.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,528/yr
NOI
$10,035/yr
Net Cash Flow
-$1,180/mo
Cash Margin
-51.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
23.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 150 Wellington Street E 405

Time

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