1077 Gordon Street Unit 228, Guelph

Price: $479,500

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X12712944

This beautifully renovated 1-bedroom plus den condo presents 911 sq. ft. of thoughtfully designed living space with a sophisticated, modern feel. The kitchen, featuring timeless white cabinetry and elegant granite countertops, opens to a designated dining area and a bright living room with large windows that draw in natural light. From the dining area, step out to your private balcony, perfect for enjoying your morning coffee or unwinding at the end of the day. The spacious primary bedroom is complemented by a stylish 3-piece ensuite, while the well-proportioned den offers versatility as a home office or guest room, paired with a convenient powder room. Additional highlights include new flooring throughout, in-suite laundry, a surface parking spot, and a locker for extra storage. Perfectly situated close to the University of Guelph and within easy access to HWY 401, this residence combines upscale finishes with everyday convenience, making it an outstanding option for professionals, students, or commuters alike.

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$479,500 - 1077 Gordon Street Unit 228, Guelph

Condo for Sale in Guelph

107 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
X12712944
Property Type
Condo
Status
active
Days on Site
107
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Guelph
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
Royal LePage Royal City Realty
Description

This beautifully renovated 1-bedroom plus den condo presents 911 sq. ft. of thoughtfully designed living space with a sophisticated, modern feel. The kitchen, featuring timeless white cabinetry and elegant granite countertops, opens to a designated dining area and a bright living room with large windows that draw in natural light. From the dining area, step out to your private balcony, perfect for enjoying your morning coffee or unwinding at the end of the day. The spacious primary bedroom is complemented by a stylish 3-piece ensuite, while the well-proportioned den offers versatility as a home office or guest room, paired with a convenient powder room. Additional highlights include new flooring throughout, in-suite laundry, a surface parking spot, and a locker for extra storage. Perfectly situated close to the University of Guelph and within easy access to HWY 401, this residence combines upscale finishes with everyday convenience, making it an outstanding option for professionals, students, or commuters alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,460.08/mo

Includes CMHC insurance ($13,378)

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5-yr fixed avg.

Principal: $431,550Interest: $293,097
Mortgage Amount$444,928
Total Interest$293,097
Est. Property Tax$340/mo
Total Cost$738,025

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Guelph

Discover Guelph

Guelph is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Guelph

  • Convenient location in Guelph
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Guelph offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1077 Gordon Street Unit 228, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$340
Insurance (est.)-$100
Net Cash Flow+$1,255

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $533/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 107 days on site, this property has exceeded the typical selling timeline for Guelph. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1077 Gordon Street Unit 228, Guelph | $479,500 | Battaglia Team