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306 - 1219 Gordon Street
homes for sale · Guelph · Kortright West
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$514,900

306 - 1219 Gordon Street

Kortright West, Guelph · MLS® X13458032

331

Condo · Single Family · 129 days on market

listed by CODY ST. JACQUES, Coldwell Banker Neumann Real Estate

realtor's description

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.

property details

type
Condo, Single Family
bedrooms
3
bathrooms
3
parking
1
property tax
$4,498 / yr
strata fee
$574 / mo
strata rules
Pets Allowed With Restrictions
days on market
129
MLS®
X13458032

features

  • Elevator
  • Carpet Free
  • In suite Laundry
  • School Bus
  • Pets Allowed With Restrictions
  • Washer

monthly cost

$3,192/mo
Mortgage $2,243 · Tax $375 · Strata $574

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$2,243/ monthly
loan $411,920
25-year amortization
total interest
$261,091
cash to close
$102,980
down payment; transfer tax and fees not included
total paid
$673,011

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Kortright West, GuelphGoogle Maps ↗

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listed by
CODY ST. JACQUES
Coldwell Banker Neumann Real Estate
call CODY · 519-821-3600
Powered by: REALTOR.ca

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location

Kortright West, GuelphGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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