$499,900 - 1291 Gordon Street Unit 425, Guelph
Condo for Sale in Guelph
- MLS Number
- X13193042
- Property Type
- Condo
- Status
- active
- Days on Site
- 23
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 900 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- Diloreto & Co.
Prime Investment Opportunity! This bright and modern 3 bedroom, 3 bathroom suite is an excellent option for savvy investors or University of Guelph parents seeking a high-demand student rental. Located in a sought-after south end building, the unit includes one parking space and enjoys a convenient, central location. The open and airy layout is highlighted by large windows throughout, a contemporary kitchen with stainless steel appliances, and quartz countertops. Each of the three generously sized bedrooms features its own private 3 pc ensuite and decent closet space. Additional highlights include in-suite laundry and access to impressive building amenities such as a fully equipped fitness centre, lounge and study areas, WiFi gaming room, concierge, security services and rooftop terrace. Perfectly positioned in an A+ location close to grocery stores, restaurants, banks, shopping, and everyday conveniences. Situated on a direct bus route to the University of Guelph, with the bus stop conveniently located right outside the building. A smart, low-maintenance investment in a prime location.
Estimate your monthly payments for this property
Estimated Payment
$2,564.75/mo
Includes CMHC insurance ($13,947)
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 425, 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 $555/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 23 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.
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.
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.