1882 Gordon Street 508, Guelph

$479,646
1882 Gordon Street 508

$479,646

New
25d
Condo Apartment1 Storey/Apt

1882 Gordon Street 508, Guelph

Total Monthly Obligation $2,476

Beds
1
Baths
1
Park
1
Sqft
800-899
DOM
25d
Score
22
Yield
5.9%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Apartment
MLS® Number-X13853630
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 28, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-New
Maintenance-$341.24/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker Neumann Real Estate
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Roof-Green, Flat
Possession-Flexible
Neighbourhood-Pineridge/Westminster Woods
Title-Residential Condo & Other

No agent assigned

Offering 845 sq. ft. of bright, open-concept living, this 1-bedroom, 1-bathroom condo at Gordon Square III combines a spacious layout with a private balcony and desirable east-facing exposure.The sun-filled kitchen, living and dining area flow seamlessly together, with direct access to the balcony creating a comfortable space for everyday living and entertaining. The kitchen features plenty of workspace and a walk-in pantry for additional storage. The spacious bedroom includes a walk-in closet, while in-suite laundry adds everyday convenience.Residents of Gordon Square III enjoy an impressive collection of building amenities, including a fitness centre, golf simulator, residents' lounge, guest suite, party and meeting spaces, and secure underground parking.Gordon Square III puts everyday conveniences right at your doorstep, with a variety of grocery stores, restaurants, cafés, and fitness options nearby, including yoga studios, F45 Training, GoodLife Fitness, and Centurion Coffee. Located directly on a public transit route and offering easy access to Highway 401, it's an ideal location for getting around Guelph or commuting beyond the city.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$394,461($10,744 CMHC)
Land Transfer Taxes$6,068
Legal Fees (Est.)
$
Total cash required for closing$103,497

Total Monthly Obligation

$2,530/mo
Mortgage $1,989
Monthly Loss $2,007
Principal$523
Interest$1,466
Condo Fees$341
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.6%3
5-Year IRR
10.9%42
10-Year IRR
11.9%
Returns Index
23.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$28,428/yr
NOI
$19,090/yr
Net Cash Flow
-$398/mo
Cash Margin
-16.8%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
82.2%14
Vacancy Buffer
3.8 mo65
Risk Index
31.0/ 100

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

Comparables

Properties near 1882 Gordon Street 508

Time

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