Establish your roots in this spacious 2-bedroom, 2-bathroom condominium located in the historic Phoenix Mill - a beautifully restored limestone building dating back to circa 1870. With only six other units in the building, this unique property offers both privacy and the ease of condominium living in a truly one-of-a-kind heritage setting. This bright main-floor suite features its own private entrance, approximately 981square feet of living space, 9-foot ceilings with elegant crown molding, large deep-silled windows, and beautiful hardwood flooring through out. The thoughtful layout includes a generous primary bedroom with double closets and a cheater door to the 4-piece ensuite, which offers a jetted tub and separate shower. The second bedroom is also spacious, with ample natural light and a double closet. A 2-piece guest bath and convenient in-suite laundry complete the floor plan, providing comfort and functionality. Nestled beside Howitt Creek, the Phoenix Mill offers a serene park-like setting surrounded by mature trees and benches, creating a peaceful outdoor retreat just steps from your door. Owners of this building also have access to the amenities at 358 Waterloo Avenue, which include a small fitness centre, party room, and outdoor BBQ and picnic area - perfect for enjoying gatherings with friends and family. This desirable location is directly across from the Speed River and the Royal Recreation Trail System, providing endless opportunities for walking, cycling, and connecting with nature. It's also within walking distance to downtown Guelph, the River Run Centre, public transit, restaurants, shops, and offers quick highway access for commuters. A rare opportunity toown a piece of Guelph's history in a heritage building that blends timeless architecture with the conveniences of modern living.