1077 Gordon Street Unit 142, Guelph

Price: $524,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X13847640

Bright & Modern Main Floor Condo Overlooking Greenspace! Welcome to this move-in ready spacious, open concept 2-bedroom, 2-bathroom main level condo with convenient access to an outside door to the building. The living room with soaring 9-foot ceilings features patio doors out on to the private balcony, this light-filled home is designed for both relaxing and entertaining. Key highlights include a gourmet kitchen equipped with granite countertops, a custom backsplash, stainless steel appliances, and a functional breakfast bar beautiful. Carpet free, there is laminate grey flooring throughout, updated bathrooms, large bright windows and generous closet space. For your convenience, the stacked washer and dryer laundry is also located in the unit. This condo offers one underground parking space with its own storage locker right beside. For overnight guests, there is permitted visitor parking available. Minutes from the University of Guelph with public transit right at your doorstep. Enjoy walkable access to multiple shopping centers, restaurants, and daily amenities. Immediate possession available!

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active
New Listing

$524,000 - 1077 Gordon Street Unit 142, Guelph

Condo for Sale in Guelph

New — Listed 6 days ago

Neighbourhood: Kortright West

2Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
X13847640
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Guelph
Taxes (2026)
$4,588
Maintenance Fees
$423/mo
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
Royal LePage Royal City Realty
Description

Bright & Modern Main Floor Condo Overlooking Greenspace! Welcome to this move-in ready spacious, open concept 2-bedroom, 2-bathroom main level condo with convenient access to an outside door to the building. The living room with soaring 9-foot ceilings features patio doors out on to the private balcony, this light-filled home is designed for both relaxing and entertaining. Key highlights include a gourmet kitchen equipped with granite countertops, a custom backsplash, stainless steel appliances, and a functional breakfast bar beautiful. Carpet free, there is laminate grey flooring throughout, updated bathrooms, large bright windows and generous closet space. For your convenience, the stacked washer and dryer laundry is also located in the unit. This condo offers one underground parking space with its own storage locker right beside. For overnight guests, there is permitted visitor parking available. Minutes from the University of Guelph with public transit right at your doorstep. Enjoy walkable access to multiple shopping centers, restaurants, and daily amenities. Immediate possession available!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,688.39/mo

Includes CMHC insurance ($14,620)

$
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5%10%50%

5-yr fixed avg.

Principal: $471,600Interest: $320,298
Mortgage Amount$486,220
Total Interest$320,298
Est. Property Tax$371/mo
Total Cost$806,517

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: Kortright West

Discover Kortright West

Kortright West 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 Kortright West

  • •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

Kortright West 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

1077 Gordon Street Unit 142, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$423
Property Tax (est.)-$371
Insurance (est.)-$109
Net Cash Flow+$1,377

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 $582/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Guelph's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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. The $423/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 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.

About Kortright West

I know Kortright West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $2,183 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1077 Gordon Street Unit 142, Guelph | $524,000 | Battaglia Team