1882 Gordon Street Unit 813, Guelph

Price: $905,309

2 bedrooms, 2 bathrooms

1,600 sqft

Property Type: Condo

MLS#: X12903686

Welcome to Gordon Square III. This thoughtfully designed 2-bedroom plus den suite offers spacious, functional living in a modern condominium setting. The open-concept design features a bright living and dining area that flows seamlessly to the expansive private terrace, creating an ideal space for both everyday living and entertaining. Offering approximately 1,155 sq. ft. of outdoor space, the terrace is a rare extension of the home, perfect for enjoying the warmer months with plenty of room for dining, lounging, and hosting, all while taking in the northwest-facing views. The kitchen is well-appointed with ample storage and pantry, opening directly into the main living area for a connected, practical layout. The primary bedroom offers a comfortable retreat with generous proportions, while the second bedroom and versatile den provide flexibility for guests, a home office, or additional living space. This suite features a barrier-free layout designed to support ease of movement and everyday comfort. Residents of Gordon Square III enjoy access to a full range of amenities, including a party room and meeting room ideal for hosting larger gatherings or events, a fully equipped gym for your daily routine, guest suites for visiting friends and family, and a golf simulator so you can practice your swing year-round. Located in Guelph's desirable south end, you are just steps from restaurants, coffee shops, grocery stores, and everyday amenities. An excellent opportunity for those seeking low-maintenance living in a vibrant and growing community.

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$905,309 - 1882 Gordon Street Unit 813, Guelph

Condo for Sale in Guelph

91 days on market
2Beds
2Baths
1,600Sq Ft
Condo
Property Details
MLS Number
X12903686
Property Type
Condo
Status
active
Days on Site
91
Bedrooms
2
Bathrooms
2
Square Feet
1,600 sqft
Neighbourhood
Guelph
Locker
None
Exposure
North West
Balcony
Terrace
Listing Brokerage
Coldwell Banker Neumann Real Estate
Description

Welcome to Gordon Square III. This thoughtfully designed 2-bedroom plus den suite offers spacious, functional living in a modern condominium setting. The open-concept design features a bright living and dining area that flows seamlessly to the expansive private terrace, creating an ideal space for both everyday living and entertaining. Offering approximately 1,155 sq. ft. of outdoor space, the terrace is a rare extension of the home, perfect for enjoying the warmer months with plenty of room for dining, lounging, and hosting, all while taking in the northwest-facing views. The kitchen is well-appointed with ample storage and pantry, opening directly into the main living area for a connected, practical layout. The primary bedroom offers a comfortable retreat with generous proportions, while the second bedroom and versatile den provide flexibility for guests, a home office, or additional living space. This suite features a barrier-free layout designed to support ease of movement and everyday comfort. Residents of Gordon Square III enjoy access to a full range of amenities, including a party room and meeting room ideal for hosting larger gatherings or events, a fully equipped gym for your daily routine, guest suites for visiting friends and family, and a golf simulator so you can practice your swing year-round. Located in Guelph's desirable south end, you are just steps from restaurants, coffee shops, grocery stores, and everyday amenities. An excellent opportunity for those seeking low-maintenance living in a vibrant and growing community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,644.70/mo

Includes CMHC insurance ($25,258)

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5%10%50%

5-yr fixed avg.

Principal: $814,778Interest: $553,375
Mortgage Amount$840,036
Total Interest$553,375
Est. Property Tax$641/mo
Total Cost$1,393,411

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 813, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,840/mo
Range: $2,414 - $3,266
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,840
Maintenance Fees-$1,040
Property Tax (est.)-$641
Insurance (est.)-$189
Net Cash Flow+$970

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 $566/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 91 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 $3,772 (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 813, Guelph | $905,309 | Battaglia Team