Guelph is a small southwestern town roughly an hour west of Toronto, but don’t let its small size fool you. Guelph, along with the rest of the area, including Kitchener and Waterloo, is growing fast.
Why Choose Guelph
One big reason why many people flock to homes and units in Guelph City is due to its very low unemployment rate. In January of 2019, it was 1.9 (compared to 5.8 nationally). Guelph also has a very low crime rate, ranking near the bottom for all of Canada.
As such, Guelph is a great place to get a new condo unit in Toronto, Canada. Real estate developers have noticed and started building homes and condos in Guelph. And with the inexpensive land prices demand to live in the city, developer after developer has built new condos in Guelph City. The prices of development projects in this city aren’t steep. And with the price of properties increasing year after year, many people are attracted to the price in Guelph.
New Condos in Guelph
Speaking of new condos, Guelph has 27 condo complexes that are planned or are currently under new construction. Soon there will be more new condos for sale. For a city population of around 130,000, that number will be closer to 160,000 in the year 2022. One can understand why there is a big real estate market growth – with developer after developer building homes, condo units, and developments located in Guelph.
Guelph Real Estate Projects
Some top-notch Guelph development projects are The Studio at The Metalworks by the developer Fusion Homes. The property was completed in the year 2019 and is highly regarded for its proximity to the city. It has 132 suites ranging from 531 to 2242 square-foot spaces.While not much is known about Alice Block on Huron Street, it’s one of the Guelph condos with highly-desirable units. It looks like the Guelph condo complex is going to be a hard loft-style build with beautiful floor to ceiling windows with tall ceilings. We’re in contact with the developer Momentum Developments, awaiting any new information that this developer is willing to release about the units located in Guelph.
Momentum Developments is a top local property developer in the city. With a good reputation when it comes to quality, this real estate developer is highly recommended for homes and condos in Guelph.
Another top condominium developer is Reids Heritage Homes. Some available units are in Kingsbury and Reign by Reids Heritage Homes.
Still, developer after developer has flocked to the city to build 1 bedroom or 2 bedroom units and even homes for aspiring residents. Fusion Homes is another great developer aside from Reids Heritage Homes, with top development properties like The Glade Condos and Solterra by Fusion Homes.
Just south of the downtown area, at the core of Guelph, lies the University of Guelph. The university has an excellent reputation, and it ranked 4 on best Universities by Maclean’s magazine in 2018. People see the University of Guelph as a major contributor to the economy and an important social contributor to Guelph city.
Throughout the year Guelph is open to different festivals and events. The most known are Guelph Film Festival, Guelph and District Multicultural Festival, and the Guelph Jazz Festival. In addition to these events, there are tickets to the semi-pro hockey team, the Guelph Storm. The teams play out of the Sleeman Centre, a modern facility location used throughout the year for all sorts of Guelph events and concerts. So if you’re looking for homes or units in the city, you’ll see these happenings.
Travel time in Guelph City depends on traffic, but the best way to get to Toronto is by 401. Hamilton is 40 minutes away if you take highway 6 and Niagara Falls is about 1 one hour away via the QEW. In Guelph, you’re never too far from the major cities in the south. You can also visit the romantic cities in Niagara and spend the day at falls or an evening at a casino downtown. You can catch a Maple Leafs or Raptors game, spend the day at Wonderland or just venture up and down Queen Street.
However, things in Guelph are set to change in the future. Current developer plans include the construction of a new high-speed rail system that will start in downtown Toronto. Most likely at Union station and travel through Guelph, Kitchen, Milton all the way through south Ontario to Windsor. This Guelph new transportation project will be started by the developer soon. With a price tag in the billions, it will change how people see Guelph City. Coupled with the change in workplace philosophies in the post-Covid world, it will increase the demand to live in areas like Guelph. The increase in property values will continue over the next few years, so new property developments, units, and homes will be up in the Guelph location.
Fun things to do in Guelph
Aside from new condos, Guelph City offers tons of nature and outdoors. Guelph is relatively untouched, with the surrounding areas being covered in trees, unique geological features like bluffs, and extensive caves. The Rockwood Conservation in Guelph  has over 100 different campsites offering an extensive array of fishing, canoeing, swimming, and hiking. The outdoor options seem endless, so homes and condo units in Guelph give you pieces of nature.
Guelph City has some great options when it comes to food, and many are near homes so you don’t have to search far to find new places to dine in the city. Some of the best in Guelph are Elizabeth Street Eatery, Pressed For Time Paninis, Bin 23 Restaurant, Na Ha Thai’s Kitchen. All of these places scored 4.5 stars on Google. However, our favorite place in Guelph is definitely La Cucina – a cozy little place that focuses on elegant fine Italian. The majority of restaurants in Guelph are found along Gordon Street.
Just along the Eramosa River (which runs right through the middle of the city) lies the Old Quebec Street Shoppes. A unique Guelph City shopping street with a rustic feel and charm. The majority of the Guelph shops are smaller boutique shops like Guelph Artisans, Reids Chocolate Candy & Nut Shop, and The Dragon. Part of the complex is also dedicated to offices and medical facilities in Guelph. Even if street shopping is not your thing, the unique architecture and history is something to be seen.
Guelph Property Costs
Viewing the prices of a Guelph new condo, home, or property, the price is less expensive than other city areas. On average, all types of homes for sale in Guelph are selling for the price of $553,100. It’s worth noting that this price is up 6.9% compared to the previous year, and the price will just keep rising. For a low-rise development, the average price per square foot is $364. As for the rental price, Guelph City offers an average price of $1,500. The property vacancy rate is also pretty strong at 1.1%. That said, the price of a Guelph property may be expensive but it’s lower than units in other areas.
Guelph has a small-town feel with a lot of the amenities of a larger city. Over the years, the Guelph real estate market is set to grow with many a developer coming to the city. It’s a great place for a new home if you are looking for something quieter than the big city. Whether you’re on the search for a single-family home property or a condo, you’re sure to view Guelph new listings.