1284 Gordon Street Unit 404, Guelph

Price: $474,900

3 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: X13655372

Privacy and treed views! Ideally located away from the road and backing onto greenspace and trails, this 3 bedroom suite is the perfect place to start your journey up the property ladder or a great spot for investors looking for value and stability in this vibrant City. Close to the University and all amenities, the south end location is in high demand for students and professionals alike. The premium top floor location offers a quiet living environment with amazing views over the woods offering privacy and the chirping of birds while you relax on the balcony. The open concept layout boasts 9' ceilings and large windows for plenty of natural light. Modern kitchen with island includes stainless appliances and granite counters. Three bedroom layout gives options for kids, roommates or dedicated office space for work-from-home professionals. Upgraded plank flooring for a carpet free lifestyle. Freshly and professionally painted in neutral colour throughout for a move in ready experience. The locker is located on the same floor as the suite for easy access. This newer well managed building has a good balance of young families, professionals, and students with access to all types of amenities including shopping, recreation opportunities, downtown Guelph, and public transit. Lots of shopping and entertainment options nearby. Easy access to the 401 for commuters or take the GO Train to downtown Toronto from nearby Central station. Shows to perfection. Some photos virtually staged.

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$474,900 - 1284 Gordon Street Unit 404, Guelph

Condo for Sale in Guelph

Neighbourhood: Kortright East

3Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
X13655372
Property Type
Condo
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Guelph
Locker
Exclusive
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REALTY PLUS
Description

Privacy and treed views! Ideally located away from the road and backing onto greenspace and trails, this 3 bedroom suite is the perfect place to start your journey up the property ladder or a great spot for investors looking for value and stability in this vibrant City. Close to the University and all amenities, the south end location is in high demand for students and professionals alike. The premium top floor location offers a quiet living environment with amazing views over the woods offering privacy and the chirping of birds while you relax on the balcony. The open concept layout boasts 9' ceilings and large windows for plenty of natural light. Modern kitchen with island includes stainless appliances and granite counters. Three bedroom layout gives options for kids, roommates or dedicated office space for work-from-home professionals. Upgraded plank flooring for a carpet free lifestyle. Freshly and professionally painted in neutral colour throughout for a move in ready experience. The locker is located on the same floor as the suite for easy access. This newer well managed building has a good balance of young families, professionals, and students with access to all types of amenities including shopping, recreation opportunities, downtown Guelph, and public transit. Lots of shopping and entertainment options nearby. Easy access to the 401 for commuters or take the GO Train to downtown Toronto from nearby Central station. Shows to perfection. Some photos virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,436.48/mo

Includes CMHC insurance ($13,250)

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5-yr fixed avg.

Principal: $427,410Interest: $290,285
Mortgage Amount$440,660
Total Interest$290,285
Est. Property Tax$336/mo
Total Cost$730,945

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 East

Discover Kortright East

Kortright East 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 East

  • 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 East 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

1284 Gordon Street Unit 404, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$336
Insurance (est.)-$99
Net Cash Flow+$1,645

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 $594/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 15 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.

Efficient Living

At 800 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.

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.

About Kortright East

I know Kortright East 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.

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    1284 Gordon Street Unit 404, Guelph | $474,900 | Battaglia Team