$769,000 - 1155 Gordon Street Unit 31, Guelph
Condo for Sale in Guelph
- MLS Number
- X13167552
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- PG DIRECT REALTY LTD.
Visit REALTOR website for additional information. This spacious 4-bedroom end-unit townhome offers the perfect blend of lifestyle, location, and investment potential just minutes from the University of Guelph, with transit, shopping, parks, schools, and everyday amenities all nearby. Whether you're a first-time buyer, investor, or seeking low-maintenance living in a high-demand neighbourhood, this is an opportunity you won't want to miss. Step inside to a bright open-concept main floor designed for comfortable living and entertaining. The spacious kitchen features ample cabinetry, generous prep space, stainless steel appliances, and flows seamlessly into the dining and living areas. Large windows and sliding glass doors fill the space with natural light and lead to an upper deck overlooking green space-perfect for summer BBQs or quiet morning coffee. A convenient powder room completes the main level. Upstairs, you'll find three generous bedrooms, including a spacious primary suite with two separate closets and a dedicated office nook, along with a well-appointed 4-piece bathroom. The fully builder-finished lower level adds incredible flexibility with a fourth bedroom, 3-piece bath, cold room, extra storage under the stairs, and walkout access to a covered patio backing onto green space-ideal for guests, a home office, recreation area, or rental potential. Additional highlights include an attached garage with remote opener, private driveway, visitor parking, and low condo fees for easy, stress-free ownership.
Estimate your monthly payments for this property
Estimated Payment
$3,945.37/mo
Includes CMHC insurance ($21,455)
5-yr fixed avg.
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.
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
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.
1155 Gordon Street Unit 31, Guelph
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $641/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.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Guelph properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.