281 Bristol Street 701, Guelph

$439,000
281 Bristol Street 701

$439,000

New
16d
Condo Apartment1 Storey/Apt

281 Bristol Street 701, Guelph

Total Monthly Obligation $3,410

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
16d
Score
17
Yield
7.5%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-X13870228
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 7, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,634.02 (2026)
Maintenance-$1,136.46/mo
Locker-None
Parking-1 - Carport
Basement-None
Heating-Forced Air (Gas)
Brokerage-Royal LePage Royal City Realty
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Family Room
Pool-None
Exterior-Brick, Metal/Steel Siding
Possession-Prefer 60+ days
Neighbourhood-Junction/Onward Willow
Title-Residential Condo & Other

No agent assigned

A condo that genuinely feels like home-spacious, sun-filled, and beautifully appointed in one of Guelph's most desirable communities. Offering the generous scale and livability of a full-sized home, this 2-bedroom, 2-bathroom, carpet-free residence at Parkview Terrace combines space, comfort, and flexibility. A welcoming foyer with generous closet space leads to spacious living and dining areas filled with natural light. Modern flooring, a gas fireplace, updated lighting, and a soft neutral palette create an inviting setting, complemented by a cohesive, freshly painted interior. Large windows capture beautiful morning light, while the private balcony overlooks a peaceful, tree-lined street, with Bristol Street Park-one of Guelph's favourite dog parks-within sight. The kitchen pairs white cabinetry and stainless steel appliances with an elegant quartz countertop and backsplash for a clean, seamless aesthetic. A cozy breakfast nook provides comfortable everyday dining, with convenient in-suite laundry tucked away. The spacious primary bedroom is a true retreat, with two large windows, dual closets, and plenty of room for a king-sized bedroom suite. The private ensuite features a tub, separate shower, recently upgraded contemporary vanity, and coordinating mirror. The bright second bedroom adds valuable versatility-ideal as a guest room, home office, den, or hobby space. It is conveniently positioned beside the second full bathroom with stand-up shower, stylish new vanity, and plenty of storage. Parkview Terrace offers a welcoming community atmosphere with just four suites per floor, plus a rooftop terrace and BBQ area, sauna, gym, party room, and pet-friendly setting. Ideally located minutes from downtown Guelph, cafés, shops, trails, the farmers' market, and the Hanlon Expressway. A spacious, well-appointed condo offering the comfort of home and the ease of condo living.*One photo virtually staged*

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$351,200
Land Transfer Taxes$5,255
Legal Fees (Est.)
$
Total cash required for closing$94,555

Total Monthly Obligation

$3,410/mo
Mortgage $1,771
Monthly Loss $2,944
Principal$466
Interest$1,305
Property Tax$303
Condo Fees$1,136
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-11.9%0
5-Year IRR
6.8%17
10-Year IRR
8.5%
Returns Index
9.8/ 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
$32,976/yr
NOI
$10,007/yr
Net Cash Flow
-$937/mo
Cash Margin
-34.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.0/ 100

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

Comparables

Properties near 281 Bristol Street 701

Time

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