2 Colonial Drive 311, Guelph

$399,900
2 Colonial Drive 311

$399,900

New
9d
Condo Apartment1 Storey/Apt

2 Colonial Drive 311, Guelph

Total Monthly Obligation $2,677

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
9d
Score
19
Yield
6.7%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Condo Apartment
MLS® Number-X14031580
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 14, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,840 (2026)
Maintenance-$543.47/mo
Locker-None
Parking-2 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-Coldwell Banker Neumann Real Estate
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Pineridge/Westminster Woods
Title-Residential Condo & Other

No agent assigned

Bright & Beautiful Corner Suite! This open, inviting 2-bedroom suite offers abundant natural light, with four large windows in the main living area. Enjoy newer laminate flooring in the living room & both bedrooms, and a newer washer/dryer & stove. The spacious primary bedroom features a sliding-door walkout to an open balcony, a double closet, and semi-ensuite access. Ideally situated in a quiet location overlooking the inner courtyard-away from the road. Includes 2 parking spaces and ensuite laundry. Building amenities include a gym and party room. Bright corner suites like this rarely become available-don't miss it!

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

Closing Costs

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

Total Monthly Obligation

$2,677/mo
Mortgage $1,613
Monthly Loss $2,252
Principal$424
Interest$1,189
Property Tax$320
Condo Fees$543
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.7%27
10-Year IRR
9.8%
Returns Index
14.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$26,904/yr
NOI
$11,452/yr
Net Cash Flow
-$659/mo
Cash Margin
-29.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
28.8/ 100

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

Comparables

Properties near 2 Colonial Drive 311

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.