5 Gordon Street Unit 312, Guelph

Price: $325,000

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: X12832950

Location! Location! Location! This is your opportunity to own a fabulous studio apartment in a well maintained condo situated in the heart of Guelph. This move-in ready unit is bright, freshly painted and ready for its second owners. Boasting a well designed kitchen, appliances, in-suite laundry and owned underground parking spot. Located above Balzac's coffee and just steps to Guelph Farmer's Market, Market Square, Sleeman Centre, River Run Centre, Guelph Central GO Station, Royal City Park and more! Enjoy all of downtown Guelph's cafes, restaurants, entertainment, library, trails and parks. Just a 5 minute drive to the University of Guelph. This studio apartment is ideal for the first-time home buyer, professional, down-sizer, right-sizer or investor. It's the perfect location for walkability and ideal for commuting with its proximity to the GO Station and highways. This is a rare opportunity you don't want to miss!

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$325,000 - 5 Gordon Street Unit 312, Guelph

Condo for Sale in Guelph

108 days on market
0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
X12832950
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Guelph
Locker
None
Exposure
West
Balcony
Juliette
Listing Brokerage
eXp Realty
Description

Location! Location! Location! This is your opportunity to own a fabulous studio apartment in a well maintained condo situated in the heart of Guelph. This move-in ready unit is bright, freshly painted and ready for its second owners. Boasting a well designed kitchen, appliances, in-suite laundry and owned underground parking spot. Located above Balzac's coffee and just steps to Guelph Farmer's Market, Market Square, Sleeman Centre, River Run Centre, Guelph Central GO Station, Royal City Park and more! Enjoy all of downtown Guelph's cafes, restaurants, entertainment, library, trails and parks. Just a 5 minute drive to the University of Guelph. This studio apartment is ideal for the first-time home buyer, professional, down-sizer, right-sizer or investor. It's the perfect location for walkability and ideal for commuting with its proximity to the GO Station and highways. This is a rare opportunity you don't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,667.42/mo

Includes CMHC insurance ($9,068)

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$
5%10%50%

5-yr fixed avg.

Principal: $292,500Interest: $198,658
Mortgage Amount$301,568
Total Interest$198,658
Est. Property Tax$230/mo
Total Cost$500,226

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

5 Gordon Street Unit 312, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$230
Insurance (est.)-$68
Net Cash Flow+$1,487

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

Negotiation Opportunity

At 108 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.

Efficient Living

At 0 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.

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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    5 Gordon Street Unit 312, Guelph | $325,000 | Battaglia Team