1219 Gordon Street Unit 514, Guelph

Price: $635,000

4 bedrooms, 4 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X12688694

An Exceptional Opportunity for University of Guelph Parents and Savvy Investors. This 4-bedroom, 4-bathroom condo suite offers the ideal blend of privacy, convenience, and long-term value-perfect for parents seeking a secure, high-quality home for their university-bound student. Each generously sized bedroom features its own private ensuite, providing comfort, independence, and peace of mind for both students and parents. Located in Guelph's highly sought-after south end, the property sits on a direct bus route to the University of Guelph and is just minutes from Stone Road Mall, grocery stores, restaurants, banks, and everyday essentials. The modern kitchen is thoughtfully designed with quartz countertops and durable, carpet-free laminate flooring throughout-ideal for low maintenance and long-term durability. The washer is less than one year new. Set within one of Guelph's most desirable student-friendly buildings, residents enjoy a secure entrance, on-site concierge, fitness centre, 24-hour WiFi study rooms, media and gaming lounges, and a stunning rooftop terrace overlooking conservation lands-a quiet retreat for studying or relaxing. With guaranteed vacant possession by the end of April 2026, this is a true turnkey student residence that offers flexibility for personal use or future rental income. A smart, worry-free investment in your student's university years-and beyond. This unit faces Edinburgh with green view provide much quieter living space. A covered parking spot comes with this unit so your loved one doesn't have to clear the snow on the car in the winter time.

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$635,000 - 1219 Gordon Street Unit 514, Guelph

Condo for Sale in Guelph

108 days on market
4Beds
4Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X12688694
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
4
Bathrooms
4
Square Feet
1,000 sqft
Neighbourhood
Guelph
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

An Exceptional Opportunity for University of Guelph Parents and Savvy Investors. This 4-bedroom, 4-bathroom condo suite offers the ideal blend of privacy, convenience, and long-term value-perfect for parents seeking a secure, high-quality home for their university-bound student. Each generously sized bedroom features its own private ensuite, providing comfort, independence, and peace of mind for both students and parents. Located in Guelph's highly sought-after south end, the property sits on a direct bus route to the University of Guelph and is just minutes from Stone Road Mall, grocery stores, restaurants, banks, and everyday essentials. The modern kitchen is thoughtfully designed with quartz countertops and durable, carpet-free laminate flooring throughout-ideal for low maintenance and long-term durability. The washer is less than one year new. Set within one of Guelph's most desirable student-friendly buildings, residents enjoy a secure entrance, on-site concierge, fitness centre, 24-hour WiFi study rooms, media and gaming lounges, and a stunning rooftop terrace overlooking conservation lands-a quiet retreat for studying or relaxing. With guaranteed vacant possession by the end of April 2026, this is a true turnkey student residence that offers flexibility for personal use or future rental income. A smart, worry-free investment in your student's university years-and beyond. This unit faces Edinburgh with green view provide much quieter living space. A covered parking spot comes with this unit so your loved one doesn't have to clear the snow on the car in the winter time.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,257.88/mo

Includes CMHC insurance ($17,717)

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5-yr fixed avg.

Principal: $571,500Interest: $388,147
Mortgage Amount$589,217
Total Interest$388,147
Est. Property Tax$450/mo
Total Cost$977,364

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

1219 Gordon Street Unit 514, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$650
Property Tax (est.)-$450
Insurance (est.)-$132
Net Cash Flow+$1,928

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 $635/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 108 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Guelph. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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 $2,646 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1219 Gordon Street Unit 514, Guelph | $635,000 | Battaglia Team