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 merger shallow unemployment rate. In January of 2019, it was 1.9 (compared to 5.8 nationally). Guelph also has a meager crime rate, ranking near the bottom for all of Canada.
As such, Guelph is a great place to get a new townhome unit in Toronto, Canada. Real estate developers have noticed and started building homes in Guelph. And with the low land prices demand to live in the city, developer after developer has built new townhomes in Guelph City. The prices of development projects in this city aren’t steep. And with the cost of properties increasing year after year, many people are attracted to the price in Guelph.
Speaking of new townhomes, Guelph has 27 townhome complexes planned or currently under new construction. Soon there will be more new townhomes in Guelph for sale. For a city population of around 130,000, that number will be closer to 160,000 in 2022. One can understand why there is a significant real estate market growth – with developer after developer building homes, townhome units, and developments located in Guelph.
Guelph 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 townhomes with highly desirable units. It looks like the Guelph townhome complex will be a challenging 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 for quality, this real estate developer is highly recommended for homes and townhomes.
Another top townhomes 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 one-bedroom or two-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 townhomes and Solterra by Fusion Homes.
Excellent neighborhood around townhomes
Just south of the downtown area, at the core of Guelph, lies the University of Guelph. The university has an excellent reputation and is ranked four on best Universities by Maclean’s magazine in 2018. People see the University of Guelph as a significant contributor to the economy and an essential 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 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 401. Hamilton is 40 minutes away if you take highway 6, and Niagara Falls is about 1 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 through southern 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
Guelph City offers tons of nature and the 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 [1] has over 100 different campsites offering a comprehensive array of fishing, canoeing, swimming, and hiking. The outdoor options seem endless, so homes and townhomes in Guelph give you pieces of nature.
Guelph City has some great options for 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 La Cucina – a cozy little place that focuses on elegant fine Italian. The majority of restaurants in Guelph are found along Gordon Street.
Like 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 can be seen.
Property Costs of new townhomes in Guelph
Viewing a Guelph home, or property prices, the price is less high than other city areas. On average, all types of homes for sale in Guelph are selling for the cost 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 high, 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 town. It’s an excellent 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 townhome, you’re sure to view Guelph’s new listings.
