$475,000

For sale

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#204 1083 GORDON Street, Guelph - Single Family for Sale

#204 1083 GORDON Street, Guelph, Ontario, N1G0E8

3 beds1 bath1 parking ft²

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For saleJust listed

Yesterday

$630K

#320 120 HURON Street, Guelph, Ontario, N1E0T8

2 bd2 ba1 pk929 ft²+$559/mo

Listed by Royal LePage NRC Realty Inc.

Investment analysis

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$475,000

Guelph

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Overview

This 3-bedroom, 1-bathroom condo in Guelph is for sale offering roughly 815 sq ft of space. Listed at $475,000, it is attractively priced about 13% below the $544,900 median asking price in Guelph. It has been on the market 54 days, fresher than the Guelph average of 63 days.

Condos for Sale in Guelph →All real estate in Guelph →

Description

$100,000 in renovations and not one part of this apartment has been left untouched! Welcome to this completely renovated 2-bedroom + den condo at 1083 Gordon Street in Guelph's desirable south end. Thoughtfully redesigned from top to bottom, this move-in-ready home offers modern finishes, a functional layout, and the flexibility of a separate den for a home office, study, or additional living space. Ideally located just minutes from the University of Guelph, Stone Road Mall, restaurants, shopping, public transit and major highway connections, this is an opportunity that combines a truly turn-key interior with one of Guelph's most convenient locations. (id:66096)

Property Details

MLS®: 40861473
Property Type: Single Family
Zoning: UR
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 815 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, Visitor Parking
Condo Fee: $398/mo
Ownership: Condo/Strata
Property Tax: $3,914/yr
Listed: 54 days ago

Rooms

Main level

Other: 7'10'' x 9'5''
3pc Bathroom: 9'2'' x 5'2''
Bedroom: 10'10'' x 7'10''
Bedroom: 13'5'' x 8'6''
Primary Bedroom: 13'5'' x 8'8''
Living room: 14'11'' x 10'3''
Kitchen: 9'6'' x 7'3''
Foyer: 9'6'' x 4'0''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

54d

Guelph listings, avg age

63d

Price / ft²

$583

List price

$475K

Homes here sell faster than most markets

Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (N1G)

This home lists at $475,000, about 4.8× the local median household income of $98,000.

Carrying it typically needs a household income of about $92,784 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $98,000
Population: 29,688
Median age: 37.6
Owner / renter: 65% / 35%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N1G)

$475,000· $583/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,750

Min 5%50%

Mortgage payment$2,502/mo

↳ CMHC premium ($18,050 capitalized)

Property tax (est.)$326/mo

Condo fee$398/mo

Total monthly$3,226

Cash Needed to Close

Down payment (5%)$23,750

Land transfer tax$5,975

Est. closing costs$3,925

Total cash needed$33,650

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#204 1083 GORDON Street, Guelph - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

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Market Timing

Location

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Neighbourhood profile (N1G)

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