While the real estate market has been somewhat of a roller coaster ride since this time last year, interest rate increases coupled with world market and financial conditions have slowed the pace of activity for 2023.
With the early signs of spring, we are starting to see more listings. With these new offerings, properties are being listed at lower prices than a year ago, are taking longer days on market to sell and conditions (financing or Sale of Property) are now part of accepted Agreements.
One segment of the market that has been out shopping are affluent buyers seeking larger, higher end condos throughout Guelph.
Of late, these properties have been coming onto the market and in less than 10 days are SOLD! If you are looking for such a property, the team at Planet Realty would urge you to act quickly! As they say, “if you need to sleep on it, you won’t be sleeping there”.
The following Penthouse is a property just released to the market for Sale:
This “One-Of-A-Kind” luxury Penthouse has been customized and designed for owners who want the security and maintenance free aspects of condo living but don’t want to compromise on living space and luxury. If you are searching for true luxury - this Penthouse definitely delivers!
At 1,697 sq. ft. this Top Floor Penthouse at The Metal Works features an expansive balcony running the length of the suite with a north/west exposure. With approx. 12’ ceilings, 2 spacious bedrooms a gourmet Kitchen, relaxing Great Room and impressive dining area, you have it all! The open concept layout is bright with an abundance of natural light with floor to ceiling windows and views of the City.
The Gourmet Kitchen is a cooks dream and showcases an oversized island with Quartz countertop & waterfall. Monogram appliances feature a 6 burner gas cooktop, full size fridge, built-in electric convection wall oven, 5-in-1 Wall Oven and last but on least… a built-in Thermador wine fridge!
The Kitchen conveniently blends into the comfortable Great Room with a featured floor to ceiling “Valor” gas fireplace.
The dining area is impressive with a floating, built-in side board, complementing the custom wood scroll design of the feature wall.
The master retreat is quietly tucked away in a separate wing offering a quiet space to get away with a private walk-out to the balcony. Special features of the Master Bedroom include a seating/library area with built-in bookshelves and custom cabinetry in the walk-in closet.
The 2nd bedroom/office is flexible based on your lifestyle, currently utilized as an office, den, home theatre room and can easily be converted to a bedroom.
With 2 walk-outs to the full length balcony with IPE decking, you will enjoy enviable views and sunsets across the City of Guelph. This suite includes custom light fixtures throughout, roller blinds (remote controlled in LR) and drapery. 2 well located underground single parking spaces close to the elevator and 1 locker.
Both full bathrooms, as you would expect, are luxuriously appointed with a glamour ensuite bath that has heated floors.
Specific custom up-grades included feature UV window films, Bowers & Wilkins flush mounted speakers in Great Room and 2nd Bedroom/Office. Designer light fixtures, pot lights & wall sconces are sprinkled through the suite, custom millwork, built-ins and storage, up-graded electrical with convenient outlets and dimmers, not to mention the charging station.
You will not find a more custom designed Penthouse! With an excellent downtown Guelph location. A must see!!
Planet Realty Inc. is a local boutique brokerage with over 35 years of real estate experience.
Visit them online here to see the best in hot properties, retirement living and more!
