$730,000 - 803 Gordon Street Unit 9, Guelph
Condo for Sale in Guelph
31 days on market- MLS Number
- X13121932
- Property Type
- Condo
- Status
- active
- Days on Site
- 31
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,400 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- Coldwell Banker Neumann Real Estate
Just steps from the University of Guelph, Gordon Terrace is one of the city's most sought-after addresses for off-campus student living. This modern 4-bedroom, 4-bathroom townhouse spans three thoughtfully designed levels, offering an exceptional opportunity for investors and University of Guelph parents looking to secure housing for the years ahead. The open-concept main floor features a bright white kitchen and spacious living area, creating the perfect space for studying, entertaining, and everyday living. Each bedroom is complete with its own private ensuite bathroom, delivering privacy and comfort for every occupant - a highly desirable feature in student rentals. In-suite laundry, an included parking space, and a private rooftop terrace further elevate the appeal of this turnkey property. Currently leased with a strong history of full occupancy, this home is a proven income-generating investment in a high-demand rental market. Its unbeatable proximity to campus, transit, shopping, and everyday amenities makes it especially attractive to students and parents alike. Whether you're expanding your real estate portfolio or planning ahead for a student in the family, this is a rare opportunity to own a premium, low-maintenance property in one of Guelph's most desirable student communities.
Estimate your monthly payments for this property
Estimated Payment
$3,745.28/mo
Includes CMHC insurance ($20,367)
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.
803 Gordon Street Unit 9, 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 $521/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 31 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Guelph. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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.
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 $3,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.