$599,000 - 941 Gordon Street Unit 50, Guelph
Condo for Sale in Guelph
35 days on market- MLS Number
- X13130298
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- REAL ESTATE HOMEWARD
Little maintenance. 3 bedrooms. More living. 1487sf of total livable space. Rare three bedroom opportunity at Parc Place. Tired of snow shovels & lawn mowing? This home offers a simpler way to live. Welcome to Parc Place, a sought-after community where the exterior work is handled for you. Snow removal, lawn care & building maintenance are covered by the condominium, freeing up your time to enjoy life instead of maintaining a home. Spend summer afternoons at the private pool and sauna, challenge friends to a match on the tennis or pickleball courts, or simply relax on your own outdoor retreat. The oversized 266sf terrace feels more like a private courtyard than a typical condo patio, with plenty of space for lounging, dining & summer evenings with friends, a rare amount of outdoor space for a condo townhome. Inside, this bright townhouse benefits from large windows that fill the home with natural light. The main floor features a welcoming open layout where the kitchen, dining & living areas flow naturally together, ideal for everyday living & entertaining. The kitchen's angled peninsula offers generous counter space & breakfast bar seating, keeping the cook connected to the conversation, while the living room with corner gas fireplace opens directly onto the terrace, creating seamless indoor-outdoor living. A major advantage here is the rare three bedroom layout, something many units in the complex simply do not offer, perfect for family, guests or a home office. The primary bedroom includes a walk-in closet & private ensuite, while two additional bedrooms & another full bathroom complete the level. The finished lower level adds flexible space for a family room, gym, or media area, along with laundry, storage & direct access to the garage. Set within a quiet, well-managed community known for its mature landscaping & resort-style amenities, the home is steps from Manhattan's Bistro & minutes from the University of Guelph, parks & abundant shopping.
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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.
941 Gordon Street Unit 50, 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 $599/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 35 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.
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.
Bathroom Count Matters
With 3 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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.