40 Northumberland Street 306, Guelph

$499,900
40 Northumberland Street 306

$499,900

New
24d
Condo Apartment1 Storey/Apt

40 Northumberland Street 306, Guelph

Total Monthly Obligation $3,199

Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
24d
Score
17
Yield
5.6%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.6%
10Y IRR
10.0%
Property Type-Condo Apartment
MLS® Number-X13839848
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 29, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-100+
Taxes-$3,765.91 (2026)
Maintenance-$669/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-Royal LePage Royal City Realty
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Not Applicable
Possession-flexible closing
Neighbourhood-Downtown
Title-Residential Condo & Other

No agent assigned

RARE Top-Floor Corner Loft in an Exclusive Heritage Building! Welcome home to character, light, and quiet sophistication. Nestled inside a boutique heritage building of only 18 units, this top-floor corner loft offers an elevated living experience with unmatched privacy and charm. Beyond gorgeous and incredibly spacious, this home is perfect for young professionals, retirees, or anyone looking to own a true piece of history. While you may find interesting condos downtown, nothing compares to the "Lofts at 40 Northumberland", one of the most desirable pre-war buildings in the city. As you enter this light-filled home, it's immediately clear you're witnessing something special. Exposed pipes, columns, open beams, and soaring 13' ceiling heights honor the building's rich heritage as a former Garment Factory while providing a dramatic, gallery-like feel to showcase your favorite artwork. Tastefully and freshly painted from top to bottom with brand-new flooring, smartly based on a neutral palette. Just past the entry foyer ,featuring a dramatic custom water colour wave panel, the kitchen overlooks the open-concept living/dining area. The principal bedroom enjoys bright, all-day light, while the second bedroom makes a peaceful retreat or an ideal study. Being a top-floor corner suite, the space is wrapped in natural light, framing tranquil views while keeping everyday living peaceful and quiet. You'll enjoy exclusive access to a beautiful rooftop patio with stunning, unobstructed city views, a first-floor terrace, and landscaped private gardens for quiet relaxation. Conveniently tucked away from the hustle and bustle, yet steps to downtown, public transit, local shopping, and incredible restaurants. Enjoy the convenience of your own dedicated indoor parking spot and a separate storage locker, a true premium for loft living. With its intimate community feel and historic charm, this is a unique property that rarely comes to market.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,199/mo
Mortgage $2,016
Monthly Loss $2,669
Principal$531
Interest$1,486
Property Tax$314
Condo Fees$669
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.3%15
10-Year IRR
7.9%
Returns Index
8.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,044/yr
NOI
$11,046/yr
Net Cash Flow
-$1,096/mo
Cash Margin
-46.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 40 Northumberland Street 306

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.