1882 Gordon Street Unit 309, Guelph

Price: $780,531

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: X13025622

This thoughtfully designed 2-bedroom + den, 2-bath suite offers 1,495 sq ft of well-appointed living space, combining comfort, functionality, and modern design. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a space that is both inviting and practical for everyday living and entertaining. The kitchen features ample cabinetry and a functional layout, while large windows fill the space with natural light.The primary bedroom serves as a private retreat, complete with a walk-in closet and ensuite. A second bedroom and separate den provide flexibility for guests, a home office, or additional living space. A private balcony extends the living area outdoors, offering a comfortable place to relax.Residents of Gordon Square III enjoy access to an exceptional selection of amenities, including a residents' lounge, fitness centre, golf simulator, and guest suites, all designed to enhance a low-maintenance lifestyle.Ideally located in Guelph's south end, this home is just minutes from Highway 401, making commuting simple. You're also within close proximity to three major grocery stores, well-known coffee shops, and a variety of restaurants, offering everyday conveniency.

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$780,531 - 1882 Gordon Street Unit 309, Guelph

Condo for Sale in Guelph

59 days on market
2Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
X13025622
Property Type
Condo
Status
active
Days on Site
59
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Guelph
Locker
Owned
Exposure
South East
Balcony
Terrace
Listing Brokerage
Coldwell Banker Neumann Real Estate
Description

This thoughtfully designed 2-bedroom + den, 2-bath suite offers 1,495 sq ft of well-appointed living space, combining comfort, functionality, and modern design. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a space that is both inviting and practical for everyday living and entertaining. The kitchen features ample cabinetry and a functional layout, while large windows fill the space with natural light.The primary bedroom serves as a private retreat, complete with a walk-in closet and ensuite. A second bedroom and separate den provide flexibility for guests, a home office, or additional living space. A private balcony extends the living area outdoors, offering a comfortable place to relax.Residents of Gordon Square III enjoy access to an exceptional selection of amenities, including a residents' lounge, fitness centre, golf simulator, and guest suites, all designed to enhance a low-maintenance lifestyle.Ideally located in Guelph's south end, this home is just minutes from Highway 401, making commuting simple. You're also within close proximity to three major grocery stores, well-known coffee shops, and a variety of restaurants, offering everyday conveniency.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,039.49/mo

Includes CMHC insurance ($28,099)

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5%10%50%

5-yr fixed avg.

Principal: $702,478Interest: $481,269
Mortgage Amount$730,577
Total Interest$481,269
Est. Property Tax$553/mo
Total Cost$1,211,846

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

1882 Gordon Street Unit 309, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$553
Insurance (est.)-$163
Net Cash Flow+$1,054

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 $558/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 59 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.

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 $3,252 (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.

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    1882 Gordon Street Unit 309, Guelph | $780,531 | Battaglia Team