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City in Ontario

Condos for sale under $700K in Guelph/Eramosa

1 condo in Guelph/Eramosa is listed for sale under $700K, which is 1% of everything for sale.

suburban family-friendly quiet

13,904 people lived in Guelph/Eramosa at the 2021 Census, in 4,835 households. 89% of households owned their home and 11% rented. The most common homes were single-detached houses (87%) and row houses (7%). 44% of homes were built before 1981, and 11% since 2011. 95% of commuters went to work by car and 0% by public transit.

Schools rated 7.3 out of 10
Guelph/Eramosa, Ontario — HOMEH neighbourhood guide

Guelph/Eramosa, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

Condos for Sale in Guelph/Eramosa Under $700K

Photo of Unit 203, 264 Alma Street
For Sale
Listed for:

Listed 13 days ago

$449,000

Unit 203, 264 Alma Street

Guelph/Eramosa (Rockwood), ON N0B 2K0

2Bedrooms
1Bathroom
2Parking
700-799Sq Ft

Condo ApartmentFor Sale

Day to dayLivability

40

Walkability

out of 100 · averaged over 3,813 past and present listings

Average walk score reported on listings here

7.3

Schools near listings

out of 10 · averaged over 3,813 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$1,149,950

60% above Ontario

In Guelph/Eramosa

$1,149,950

In Ontario

$716,900

Median monthly rent

$2,650/mo

6% above Ontario

In Guelph/Eramosa

$2,650

In Ontario

$2,499

$611

Per square foot

≈ 36.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

83

Median $1,149,950

Houses 77 · Condos 6

For rent

3

Median $2,650

Houses 3

Recently sold

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Recently leased

Sign in to see leased data

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Variety of residential homes available
  • Access to parks for outdoor activities
  • Decent school ratings
  • Lower rental prices compared to some Ontario cities

Keep in mind

  • Home prices are above provincial median
  • Limited rental options available
  • Walkability score is low

The feel of the placeLifestyle

Daily life offers a balance of outdoor activities and suburban living. The community is quiet, making it suitable for families.

Great for families first-time buyers those seeking suburban living

Within the boundaryWhat's nearby

The boundary

294.3 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

14

Parks

17

Playgrounds

3

Grocery stores

3

Restaurants

2

Gyms

2

Libraries

1

Pharmacies

Counted across all 294.3 km² of Guelph/Eramosa. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.7/10

Average rating of the 3 rated schools in this area

8

Elementary

  • Rockwood Centennial Public School

    Public · Grades JK–8 · Upper Grand DSB

    7.7/106.5 over 5 yrs

    476th of 3,045 Ontario elementary schools

    340 students · EQAO 2024-2025

  • Sacred Heart - Rockwood Catholic Elementary School

    Catholic · Grades JK–8 · Wellington CDSB

    6.7/105.2 over 5 yrs

    1,101st of 3,045 Ontario elementary schools

    335 students · EQAO 2024-2025

  • Eramosa Public School

    Public · Grades JK–6 · Upper Grand DSB

    5.7/10

    1,807th of 3,045 Ontario elementary schools

    130 students · EQAO 2024-2025

  • Ecole Harris Mill Public School

    Public · Grades JK–6 · Upper Grand DSB

    Not rated

    235 students · EQAO 2024-2025

  • Elora Road Christian School

    Independent

    Not rated

  • Guelph Outdoor Preschool Ltd.

    Independent

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Guelph/Eramosa, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

13,904

Population (2021)

292.8 km²

Area

48

People per km²

45.2

Median age

$129,170

Median income

89%

Own their home

2.8

People per household

4,835

Households

Every age

  • Children (under 15)16.7%
  • Working age (15–64)64.7%
  • Seniors (65+)18.6%

What is built here

  • Detached houses86.7%
  • Semi-detached1.3%
  • Townhouses6.5%
  • Duplexes1.5%
  • Low-rise apartments3%

Own or rent

89%Owners

11%Renters

Across 4,835 households

When it was built

Mostly 1961–1980

  • 1960 or earlier21%
  • 1961–198024%
  • 1981–199016%
  • 1991–200012%
  • 2001–20057%
  • 2006–20106%
  • 2011–20154%
  • 2016–20217%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

14.1%
Born outside Canada
26%
Hold a degree or higher
62.9%
Employment rate
0.4%
Commute by transit
94.5%
Commute by car
1.9
Children per family
$109,219
Median income after tax
$150,259
Average household income
4.4%
Living on a low income
$1,495/mo
Renters pay, per month
$1,572/mo
Owners pay, per month
$909,458
Median home value at census
17.6%
Renters spending 30%+ of income on housing
10.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 22 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about condos for sale under $700K in Guelph/Eramosa

How many condos in Guelph/Eramosa sell for under $700K?

1 condo in Guelph/Eramosa is listed for sale under $700K today, 1% of the 83 homes for sale. Their median asking price is $449,000.

All homes for sale in Guelph/Eramosa 

What kind of condo can I buy in Guelph/Eramosa for under $700K?

Under $700K, Guelph/Eramosa has condo apartment (1) for sale.

Condos for sale in Guelph/Eramosa 
Keep looking

More Homes for Sale in Guelph/Eramosa

83 homes are for sale in Guelph/Eramosa. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.