1077 Gordon Street 142, Guelph

$478,900
1077 Gordon Street 142

$478,900

Price Change
22d
Condo ApartmentApartment

1077 Gordon Street 142, Guelph

Total Monthly Obligation $2,937

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
22d
Score
20
Yield
6.3%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Apartment
MLS® Number-X13847640
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,587.83 (2026)
Maintenance-$423.31/mo
Locker-Owned
Parking-1 - Underground
Basement-Apartment
Heating-Forced Air (Gas)
Brokerage-Royal LePage Royal City Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-1-29 days
Neighbourhood-Kortright West
Title-Residential Condo & Other

No agent assigned

Bright & Modern Main Floor Condo Overlooking Greenspace! Welcome to this move-in ready spacious, open concept 2-bedroom, 2-bathroom main level condo with convenient access to an outside door to the building. The living room with soaring 9-foot ceilings features patio doors out on to the private balcony, this light-filled home is designed for both relaxing and entertaining. Key highlights include a gourmet kitchen equipped with granite countertops, a custom backsplash, stainless steel appliances, and a functional breakfast bar beautiful. Carpet free, there is laminate grey flooring throughout, updated bathrooms, large bright windows and generous closet space. For your convenience, the stacked washer and dryer laundry is also located in the unit. This condo offers one underground parking space with its own storage locker right beside. For overnight guests, there is permitted visitor parking available. Minutes from the University of Guelph with public transit right at your doorstep. Enjoy walkable access to multiple shopping centers, restaurants, and daily amenities. Immediate possession available!

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

Closing Costs

Mortgage Amount
$383,120
Land Transfer Taxes$6,053
Legal Fees (Est.)
$
Total cash required for closing$103,333

Total Monthly Obligation

$2,937/mo
Mortgage $1,932
Monthly Loss $2,429
Principal$508
Interest$1,423
Property Tax$382
Condo Fees$423
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.6%33
10-Year IRR
10.5%
Returns Index
17.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$30,156/yr
NOI
$15,073/yr
Net Cash Flow
-$676/mo
Cash Margin
-26.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
27.3/ 100

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

Comparables

Properties near 1077 Gordon Street 142

Time

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