55 Yarmouth Street 903, Guelph

$399,900
55 Yarmouth Street 903

$399,900

New
22d
Condo Apartment1 Storey/Apt

55 Yarmouth Street 903, Guelph

Total Monthly Obligation $2,902

Beds
2
Baths
1
Park
1
Sqft
1000-1199
DOM
22d
Score
23
Yield
8.6%
Cash on Cash
1.7%
Cap Rate
4.9%
5Y IRR
16.9%
10Y IRR
15.7%
Property Type-Condo Apartment
MLS® Number-X13850826
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$4,026.12 (2026)
Maintenance-$753.48/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Baseboard (Gas)
Brokerage-Royal LePage Royal City Realty
Cooling-Wall Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Rolled
Possession-Flexible
Neighbourhood-Downtown
Title-Residential Condo & Other

No agent assigned

Bright, top-floor 2 bedroom condo offering a comfortable layout, plenty of storage and fantastic west-facing views over the treetops and surrounding downtown neighbourhood. This 1,000 SQFT, move-in ready unit features plenty of natural light and includes crown moulding, updated light fixtures and dimmer switches, all complemented by a neutral colour palette. The galley-style kitchen features granite countertops, subway tile backsplash, light cabinetry and tiled floors, along with stainless steel appliances including the fridge, stove, built-in microwave and dishwasher. An upgraded kitchen faucet adds a nice finishing touch, while generous counter and storage space keeps the kitchen practical for everyday use. Both bedrooms are spacious with generous closet space and carpets updated in 2021. Plus, the primary bedroom has its own A/C wall unit. Storage is well covered throughout the unit, with a front entrance closet, bathroom linen closet and a separate walk-in laundry room with additional storage space. The unit also comes with a conveniently located underground parking space right beside the doors to the parking level elevator lobby. Within walking distance to Downtown Guelph shopping and amenities, cafes, grocery, restaurants, bars, as well as parks and trails. It is steps from Guelph Transit stops and just minutes from Guelph Central Station, offering convenient access to Guelph Transit, GO buses & trains, and VIA Rail + the University of Guelph campus. Condo fees include heat and water. Wall-unit A/C in living room & primary bedroom. Book your private showing today!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,902/mo
Mortgage $1,613
Monthly Loss $2,478
Principal$424
Interest$1,189
Property Tax$336
Condo Fees$753
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.4%3
5-Year IRR
12.6%54
10-Year IRR
12.9%
Returns Index
28.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$34,488/yr
NOI
$15,571/yr
Net Cash Flow
-$315/mo
Cash Margin
-11.0%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
29.4/ 100

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

Comparables

Properties near 55 Yarmouth Street 903

Time

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