150 Wellington Street E 501

Downtown, Guelph, N1H 0B5 · More in this building

$499,000

1 bedrooms
1 bathrooms
1 parking
900-999 sq ft

Listed 49 days ago · MLS® X13730326

About this home

Sleek finishes, intelligent design, and over 950 square feet of elevated space set Suite 501 in a class of its own. Finished with rich engineered hardwood throughout, the bright layout centers on a living room with a sleek stone electric fireplace and a chef's kitchen featuring solid granite countertops, stainless steel appliances, and designer lighting. The versatile den provides a seamless work-from-home setup, complementing the peaceful primary bedroom and spa-inspired washroom. Beyond the suite, enjoy total peace of mind with secure underground parking, a dedicated locker, and all-inclusive maintenance fees covering heating, cooling, and water. Set within the acclaimed RiverMill Condominium, residents gain access to premier lifestyle amenities-including a dedicated gym, library, media room, a 12,000-square-foot garden terrace, and a magnificent 4,000-square-foot rooftop lounge with BBQs-all just steps from fine dining, riverside trails, and GO Transit.

Details

Type: Condo Apartment
Style: 1 Storey/Apt
Size: 900-999 sq ft
Basement: None
Garage: Underground
Kitchens: 1
Property tax: $3,830 (2025)
Maintenance fee: $856/month
Neighbourhood: Downtown
Municipality: Guelph
Price per sq ft: $526 (4% below condo apartments in Downtown, $545)
Fee per sq ft: $0.90/month (Guelph median $0.63)

Interior

Bedrooms: 1 above ground
Bathrooms: 1 × 4-piece (main)
Rooms: 5 above ground
Family room or den: No
Fireplace: Living Room, Electric
Laundry: In-Suite Laundry, Ensuite

Heating, cooling and services

Heating: Forced Air
Air conditioning: Central Air

Building and exterior

Style: 1 Storey/Apt
Exterior: Concrete, Brick
Foundation: Poured Concrete
Outdoor: Controlled Entry, Year Round Living

Parking

Garage spaces: 1
Total parking: 1
Driveway and parking: Underground

Condo

Building: Rivermill
Monthly fee: $856
Fee includes: CAC Included, Heat Included, Common Elements Included, Water Included, Parking Included
Amenities: Gym, Guest Suites, Rooftop Deck/Garden, Game Room, Party Room/Meeting Room
Locker: Owned (level 5)
Balcony: Open
Exposure: West
View: Downtown, Garden
Pets: Yes-with Restrictions
Security: Smoke Detector
Property manager: FirstService Residential

Possession: 60 days from the start of a term(month)
Nearby: Hospital
Cross street: Wellington St E & Surrey St

Rooms

Room	Level	Size
Den	Main	3.42 × 2.74 m (11'3" × 9')
Kitchen	Main	3.96 × 2.81 m (13' × 9'3")
Living Room	Main	4.72 × 5.79 m (15'6" × 19')
Primary Bedroom	Main	3.12 × 4.26 m (10'3" × 14')
Bathroom	Main	3.1 × 1.52 m (10'2" × 5')

History of this address

4 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 8 grocery stores, 64 cafés and restaurants, 18 parks, 5 pharmacies. Nearest grocery: Kazem Meat & Chicken Fruit & Vegetable House (300 m). Nearest park: Priory Square (150 m).

Schools nearby

Elementary

Sacred Heart Catholic School Catholic
EQAO: Gr 6 reading 92%, math 68%9 min walk
Central Public School
EQAO: Gr 6 reading 96%, math 77%12 min walk
King George Public School
EQAO: Gr 6 reading 100%, math 89%15 min walk
John Galt Public School
EQAO: Gr 6 reading 88%, math 38%18 min walk

Secondary

Guelph Collegiate and Vocational Institute
EQAO: Gr 9 math 71%, literacy test 91%1.3 km
John F. Ross Collegiate and Vocational Institute
EQAO: Gr 9 math 76%, literacy test 90%1.6 km
St. James Catholic High School Catholic
EQAO: Gr 9 math 44%, literacy test 85%1.8 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N1H

Owners / renters: 54% / 46%
Median household income: $77,000
Average age: 42
Children under 15: 15%
Homes: 39% detached, 25% high-rise
Commute by transit: 6%
Population: 42,178

Languages spoken most at home besides English: Tigrigna 2.2%, Vietnamese 1%, Tagalog (Pilipino, Filipino) 0.7%, Spanish 0.6%.

Safety

Crime Severity Index for Guelph police: 58 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 23 km. Transit times · Driving times

Noise 1 source nearby

🚆 Rail line (Metrolinx Guelph Subdivision)50 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Planet Realty Inc.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $2,185
Property tax: $319
Maintenance: $856
Total: $3,360

$99,800 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $99,800
Land transfer tax: $6,455
Legal and other costs: ~$2,500
Total: $108,755

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

Adjust the numbers

Rental potential

$2,150/month

Typical asking rent for 1 bedroom condos like this within 1 km (5 for rent now; most $1,795–$2,400).

As a rental, with 20% down

Rent: $2,150
Mortgage: −$2,185
Property tax: −$319
Maintenance fee: −$856
Insurance, repairs, vacancy: −$164
Cash flow: −$1,374/month

Cap rate 2.0% · gross yield 5.2%. Rentals need 20% down. Rough figures before income tax; ask us for a full analysis.

Rent control: Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

See rentals nearby