$1,175,000 - 1878 Gordon Street Unit 1404, Guelph
Condo for Sale in Guelph
101 days on market- MLS Number
- X12752184
- Property Type
- Condo
- Status
- active
- Days on Site
- 101
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Guelph
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RE/MAX Real Estate Centre Inc
Welcome to luxury living in this Penthouse unit at Gordon Square. This 3 bedroom unit is a rare find! From the moment you enter you'll enjoy a sun filled space. The kitchen offers plenty of cabinets, upgraded stainless steel appliances (fridge new in 2025), quartz counter tops and a spacious island. There are sliding doors out to the wrap around patio. The living and dining areas offer lots of room to accommodate family gatherings. The primary suite has his and hers walk in closets and a 5 piece ensuite featuring 2 sinks, a stand up shower, separate soaker tub and heated floors. There are also two additional bedrooms with spacious closets. The full laundry room has lots of space for storage and a folding table. The breathtaking panoramic views are some of best in the city with absolutely stunning sunsets. This suite comes with two side by side parking spaces and a large storage locker located on the second floor. Gordon Square offers fantastic amenities including a 13th floor lounge with pool table, guest suite,golf simulator, full gym and underground parking. Just steps from shopping, banks, restaurants, LCBO, movie theatre, scenic trails, Preservation Park, and the new south end community centre.Just a short drive to the 401 for easy commuting. Don't miss your chance to call this condo your home.
Estimate your monthly payments for this property
Estimated Payment
$5,197.42/mo
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.
1878 Gordon Street Unit 1404, 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 $588/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 101 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.
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.
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 $4,896 (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.