2 Colonial Drive 314

Pineridge/Westminster Woods, Guelph, N1L 0K8 · More in this building

$439,000

2 bedrooms
2 bathrooms
2 parking
800-899 sq ft

Listed 4 days ago · MLS® X14084324

About this home

Stylish updates, exceptional convenience, and the rare bonus of two owned parking spaces make this condo a standout opportunity in Guelph's desirable Pineridge/Westminster Woods neighbourhood. Thoughtfully updated and move-in ready, this 2-bedroom, 2-bathroom home offers comfortable living designed to fit a variety of lifestyles. At the heart of the home, the renovated kitchen features updated cabinetry and countertops, creating a fresh, modern space that flows effortlessly into the open living area. Large windows fill the unit with natural light, while the private balcony provides the perfect spot to enjoy your morning coffee or relax after a busy day.The spacious primary bedroom offers the comfort of its own ensuite bathroom, while the second bedroom is ideal for guests, a home office, or growing families. In-suite laundry adds everyday convenience, and the inclusion of two parking spaces is a rare feature that sets this unit apart. Residents enjoy access to excellent building amenities, including a fitness room, party room, controlled entry, and visitor parking. Located just minutes from shopping, restaurants, parks, trails, schools, public transit, the University of Guelph, and Highway 401, you'll love the ease of living in one of the city's most connected communities. Whether you're searching for your first home, looking to downsize, or adding to your investment portfolio, this turnkey condo offers the perfect blend of comfort, style, and convenience.

Details

Type: Condo Apartment
Style: Apartment
Size: 800-899 sq ft
Basement: None
Garage: Underground
Kitchens: 1
Property tax: $4,020 (2026)
Maintenance fee: $543/month
Neighbourhood: Pineridge/Westminster Woods
Municipality: Guelph
Price per sq ft: $517 (4% below condo apartments in Pineridge/Westminster Woods, $536)
Fee per sq ft: $0.64/month

Interior

Bedrooms: 2 above ground
Bathrooms: 1 × 4-piece, 1 × 3-piece
Rooms: 7 above ground
Family room or den: No
Fireplace: No
Laundry: In-Suite Laundry, Ensuite
Features: Water Softener, Water Heater, Carpet Free

Heating, cooling and services

Heating: Forced Air, Electric
Air conditioning: Central Air

Building and exterior

Style: Apartment
Exterior: Brick

Parking

Garage spaces: 1
Total parking: 2
Driveway and parking: Surface

Condo

Monthly fee: $543
Fee includes: Water Included, Common Elements Included, Building Insurance Included
Amenities: Exercise Room, Party Room/Meeting Room, Visitor Parking
Balcony: Open
Exposure: South East
Pets: Yes-with Restrictions
Property manager: Wilson Blanchard

Possession: 30-59 days
Cross street: Arkell Rd & Victoria Rd S

Rooms

Room	Level	Size
Bathroom	Main	2.68 × 1.8 m (8'10" × 5'11")
Bathroom	Main	2.68 × 1.78 m (8'10" × 5'10")
Bedroom	Main	4.28 × 2.6 m (14'1" × 8'6")
Kitchen	Main	2.48 × 2.89 m (8'2" × 9'6")
Laundry	Main	2.62 × 1.66 m (8'7" × 5'5")
Living Room	Main	4.93 × 3.89 m (16'2" × 12'9")
Primary Bedroom	Main	4.58 × 3.3 m (15' × 10'10")

History of this address

1 earlier listing 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 Car-dependent

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

Within a 10-minute walk: no grocery stores, 0 cafés and restaurants, 4 parks. Nearest park: Howden Crescent Park (400 m).

Schools nearby

Elementary

Sir Isaac Brock Public School
EQAO: Gr 6 reading 95%, math 88%5 min walk
St. Ignatius of Loyola Catholic School Catholic
EQAO: Gr 6 reading 95%, math 81%14 min walk
Westminster Woods Public School
EQAO: Gr 6 reading 98%, math 72%1.4 km
St. Paul Catholic School Catholic
EQAO: Gr 6 reading 95%, math 82%1.4 km

Secondary

Two Rivers Secondary School5 min walk
Wellington Centre for Continuing Education1.2 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 N1L

Owners / renters: 75% / 25%
Median household income: $114,000
Average age: 37
Children under 15: 18%
Homes: 46% detached, 0% high-rise
Commute by transit: 3%
Population: 17,474

Languages spoken most at home besides English: Mandarin 3.2%, Punjabi (Panjabi) 2.6%, Spanish 1.1%, Urdu 1.1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Credit Valley Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

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). Flood and regulation mapping: Credit Valley Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 26 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

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 Bosley Real Estate Ltd..

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

Estimated monthly cost

Mortgage: $1,922
Property tax: $335
Maintenance: $543
Total: $2,801

$87,800 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $87,800
Land transfer tax: $5,255
Legal and other costs: ~$2,500
Total: $95,555

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

Adjust the numbers

Rental potential

$2,375/month

Typical asking rent for 2 bedroom condos like this within 2 km (6 for rent now; most $2,300–$2,495).

As a rental, with 20% down

Rent: $2,375
Mortgage: −$1,922
Property tax: −$335
Maintenance fee: −$543
Insurance, repairs, vacancy: −$178
Cash flow: −$603/month

Cap rate 3.6% · gross yield 6.5%. 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