1291 Gordon Street 603, Guelph

$499,999
1291 Gordon Street 603

$499,999

New
4d
Condo ApartmentApartment

1291 Gordon Street 603, Guelph

Total Monthly Obligation $3,001

Beds
3
Baths
3
Park
1
Sqft
900-999
DOM
4d
Score
20
Yield
6.2%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.6%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-X14098092
Beds-3
Bathrooms-3
Size-900-999 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$4,249 (2025)
Maintenance-$430/mo
Locker-None
Parking-1 - Surface
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Metal/Steel Siding
Foundation-Concrete
Possession-Negotiable
Neighbourhood-Kortright West
Title-Residential Condo & Other

No agent assigned

Exceptional Penthouse Living in the Heart of Guelph! An incredible opportunity for investors, parents of university students, or buyers seeking a spacious and conveniently located home. This impressive 3-bedroom, 3-bathroom penthouse suite offers approximately 978 sq. ft. of well-designed living space, with the added benefit of three private ensuite bathrooms. Each bedroom features its own ensuite and closet, making this an ideal layout for student living or shared accommodations.Enjoy a modern kitchen with stainless steel appliances and a ceramic backsplash, complemented by stylish laminate flooring throughout. Additional conveniences include in-suite laundry and one owned parking space. Residents can take advantage of an impressive selection of building amenities, including a concierge, games room, media room, recreation room, and rooftop terrace. Ideally situated on Gordon Street, close to the University of Guelph, shopping, restaurants, cafés, and public transit, this property offers the convenience and functionality today's students, parents, and investors are looking for. A fantastic opportunity to own a versatile property in a desirable Guelph location!

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

Closing Costs

Mortgage Amount
$399,999
Land Transfer Taxes$6,475
Legal Fees (Est.)
$
Total cash required for closing$107,975

Total Monthly Obligation

$3,001/mo
Mortgage $2,017
Monthly Loss $2,470
Principal$531
Interest$1,486
Property Tax$354
Condo Fees$430
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
10.0%36
10-Year IRR
10.7%
Returns Index
18.8/ 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
$31,236/yr
NOI
$16,303/yr
Net Cash Flow
-$658/mo
Cash Margin
-25.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
27.1/ 100

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

Comparables

Properties near 1291 Gordon Street 603

Time

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Data last updated within the past 24 hours.