



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$514,900
Guelph
#306 1219 Gordon Street, Guelph (Kortright West), Ontario, N1L0M9
This 3-bedroom, 3-bathroom condo in Guelph is for sale offering roughly 1,100 sq ft of space. Its $514,900 asking price sits right in line with the $499,999 median in Guelph.
Turnkey student rental opportunity in the popular Solstice II building, ideally set up for University of Guelph students, parents, or investors looking for a low-maintenance income property. This 3 bedroom, 3 bathroom suite offers a highly functional layout, with each bedroom featuring its own private ensuite bathroom - a major advantage for student living and shared accommodations.The unit is carpet-free and finished with durable, modern materials throughout, including stainless steel kitchen appliances, quartz countertops in the kitchen and bathrooms, in-suite laundry, and all appliances included. The layout is designed for practical day-to-day living, with private bedroom spaces and a central kitchen/living area for shared use.This is a completely turnkey rental with a lease in place at $4,077/month, providing $48,924 in annual gross rent. Per the lease, electricity and water are tenant responsibilities. The building is purpose-built for student living and offers excellent amenities, including study rooms on each floor, a gym, lounge and games areas, media/common spaces, and a rooftop terrace. Located on a direct bus route to the University of Guelph, with quick access to shopping, restaurants, groceries, banks, Stone Road Mall, and everyday south-end amenities. A strong option for investors seeking an established student rental, or parents looking to secure housing near the University of Guelph with rental income potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 141 days on market, against an average age of 70 days across the listings currently for sale in this city
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.
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed single family in Guelph (Kortright West) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $514,900, about 4.5× the local median household income of $114,000.
Carrying it typically needs a household income of about $100,578 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N1L)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice