$629,000 - 1291 Gordon Street Unit 311, Guelph
Condo for Sale in Guelph
Popular Listing- MLS Number
- X13268560
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,000 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- South
- Balcony
- Juliette
- Listing Brokerage
- iCloud Realty Ltd.
Rarely offered with 2 parking spaces (1 covered), this partially furnished 4 bedroom, 4 bathroom condo is a standout opportunity for University of Guelph parents & investors alike. Located in the heart of Guelph's Off-Campus Student Housing District, this bright modern 1130 sq. ft unit features an exceptionally desirable layout with each bedroom offering its own private 3-piece ensuite bath. Peaceful views from the open-concept living/dining area overlook green space, while the modern kitchen showcases quartz countertops and stainless-steel appliances. Ensuite laundry adds everyday convenience. Residents also enjoy outstanding amenities including secure entry with video monitoring, 24-hour Wi-Fi study halls on every floor, gaming and movie lounges, a media lounge with group kitchen, a rooftop terrace overlooking protected conservation lands, and on-site bike storage. Transit routes are steps from the front lobby and offer a quick ride to the University. Shops, restaurants and banks are all within easy reach as well. This truly is a well-designed, low-maintenance property with modern appeal, strong rental demand and excellent long-term income potential. Whether you're buying for your University student or building your investment portfolio, this is the one you'll want to own! Vacant possession allows you to set your own rents.
Estimate your monthly payments for this property
Estimated Payment
$3,227.10/mo
Includes CMHC insurance ($17,549)
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.
1291 Gordon Street Unit 311, 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 $629/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.
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 $2,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.