22 Marilyn Drive 708

Riverside Park, Guelph, N1H 7T1 · More in this building

$299,000

Reduced $70,000 from $369,000

2+1 bedrooms
2 bathrooms
1 parking
1400-1599 sq ft

Listed 67 days ago · MLS® X13675504

About this home

Fantastic opportunity to a care free life style you deserve! Massive 2-bedroom + den suite at 708-22 Marilyn Drive, ideally located beside Riverside Park. Bright, open layout with large windows, beautiful views, and a large enclosed balcony. Den can easily be converted to a large third bedroom . Plenty of storage with a lockers plus 1 secured underground private parking space. The laundry facilities are beside your condo literally steps away .Your condo fees here include water usage . Mature, well-maintained building with excellent amenities including gym, sauna, recreation room, library and the luxury of a full-time superintendent. Enjoy a leisurely stroll to restaurants and everyday conveniences.

Details

Type: Condo Apartment
Style: Apartment
Size: 1400-1599 sq ft
Basement: None
Garage: Underground
Kitchens: 1
Property tax: $3,257 (2025)
Maintenance fee: $993/month
Neighbourhood: Riverside Park
Municipality: Guelph
Price per sq ft: $199 (61% below condo apartments in Guelph, $512)
Fee per sq ft: $0.66/month (Guelph median $0.63)

Interior

Bedrooms: 2 above ground + 1 below
Bathrooms: 1 × 2-piece (main), 1 × 4-piece (main)
Rooms: 12 above ground
Family room or den: Yes
Fireplace: No
Laundry: Laundry Room
Features: Auto Garage Door Remote, Storage Area Lockers

Heating, cooling and services

Heating: Baseboard, Electric
Air conditioning: Window Unit(s)

Building and exterior

Style: Apartment
Exterior: Brick
Outdoor: Recreational Area, Security Gate

Parking

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

Condo

Monthly fee: $993
Fee includes: Building Insurance Included, Common Elements Included, CAC Included, Parking Included, Water Included
Amenities: Bike Storage, Community BBQ, Elevator, Exercise Room, Gym, Party Room/Meeting Room
Locker: Exclusive (level Parking)
Balcony: Enclosed
Exposure: South West
View: Park/Greenbelt, Trees/Woods, Hills, Garden
Security: Monitored, Security System, Smoke Detector
Property manager: Sanderson Management Company

Possession: flexible
Nearby: River/Stream, Rec./Commun.Centre, Wooded/Treed, Park
Cross street: Woolwich and Marilyn

Rooms

Room	Level	Size	Features
Bathroom	Main	1.49 × 1.65 m (4'11" × 5'5")	2 Pc Bath
Bathroom	Main	1.76 × 3.28 m (5'9" × 10'9")	4 Pc Bath
Bedroom	Main	4.31 × 3.09 m (14'2" × 10'2")
Bedroom	Main	4.37 × 3.04 m (14'4" × 10')
Dining Room	Main	3.27 × 3.56 m (10'9" × 11'8")
Foyer	Main	2.79 × 2.73 m (9'2" × 8'11")
Kitchen	Main	3.16 × 2.86 m (10'4" × 9'5")
Living Room	Main	3.77 × 6.51 m (12'4" × 21'4")
Primary Bedroom	Main	6.94 × 2.9 m (22'9" × 9'6")
Other	Main	2.62 × 1.23 m (8'7" × 4')
Other	Main	1.23 × 0.84 m (4' × 2'9")
Sunroom	Main	3.29 × 3.44 m (10'10" × 11'3")

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

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

Within a 10-minute walk: 2 grocery stores, 11 cafés and restaurants, 3 parks, 2 pharmacies. Nearest grocery: Walmart Supercentre (750 m). Nearest park: Riverside Park (250 m).

Schools nearby

Elementary

École élémentaire L'Odyssée French
EQAO: Gr 6 reading 100%, math 87%15 min walk
June Avenue Public School
EQAO: Gr 6 reading 86%, math 43%15 min walk
Edward Johnson Public School
EQAO: Gr 6 reading 94%, math 89%1.4 km
Victory Public School
EQAO: Gr 6 reading 100%, math 94%1.5 km

Secondary

Our Lady of Lourdes Catholic School Catholic
EQAO: Gr 9 math 63%, literacy test 77%1.9 km
John F. Ross Collegiate and Vocational Institute
EQAO: Gr 9 math 76%, literacy test 90%2.2 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 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: 22 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 Coldwell Banker Neumann Real Estate.

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

Estimated monthly cost

Mortgage: $1,309
Property tax: $271
Maintenance: $993
Total: $2,574

$59,800 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $59,800
Land transfer tax: $2,960
Legal and other costs: ~$2,500
Total: $65,260

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

Adjust the numbers

Rental potential

$2,250/month

Typical asking rent for 2 bedroom condos like this within 3.5 km (10 for rent now; most $1,900–$2,600).

As a rental, with 20% down

Rent: $2,250
Mortgage: −$1,309
Property tax: −$271
Maintenance fee: −$993
Insurance, repairs, vacancy: −$170
Cash flow: −$494/month

Cap rate 3.3% · gross yield 9.0%. 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