- Est Sell Timeframe:
- 22 Days
502 - 1219 Gordon St
Price History
- Maintenance Fees:
- $694/mth
- Taxes:
- $4,710 (2025)
- Property Type:
- Condo Apartment
- Cost Per Sqft:
- $559/sqft
- Outdoor Space:
- None
- Ensuite Laundry:
- Yes
- Locker:
- None
- Possession Date:
- May 8
- Exposure:
- East
Amenities
About this Listing
High-Performing Student Rental Investment Near the University of GuelphThis purpose-built 4-bedroom, 4-bathroom condo presents a compelling investment opportunity in one of Guelph's most dependable rental markets. Ideally located in the city's sought-after south end with direct transit access to the University of Guelph, the property benefits from consistently strong student demand and excellent long-term rental stability. Each bedroom is designed with its own private ensuite, a highly desirable layout that allows for premiumper-room leasing while minimizing vacancy risk and enhancing tenant satisfaction.The unit features modern, low-maintenance finishes, including quartz countertops and carpet-free laminate flooring, making it well-suited for long-term durability and reduced operating costs. A recently updated in-suite washer adds further practicality and appeal. Beyond the unit itself, residents have access to an impressive range of amenities, including secure entry, concierge service, a fitness center, 24-hour Wi-Fi study rooms, media and gaming lounges, and a rooftop terrace overlooking conservation lands-features that significantly enhance the property's rental appeal and tenant retention.The unit currently has one vacant room the other (3) are leased for:Room 1 leased for $1,150 (utilities included) rent ends April 30, 2027 Room 2 Leased for $1,250 (utilities included) rent ends August 30, 2026 Room 3 Leased for $1,250 (utilities included) rent ends April 30, 2027 Parking spot is leased for $150/month.
ExtrasKitchen appliances, washer and dryer
royal lepage real estate services ltd.MLS® #X12969552
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Rooms
- Living
- 11.32 x 9.74ft
- Dining
- 9.74 x 9.25ft
- Kitchen
- 7.51 x 7.09ft
- Primary
- 9.91 x 9.91ft
- 2nd Bedroom
- 9.88 x 9.91ft
- 3rd Bedroom
- 9.91 x 9.91ft
- 4th Bedroom
- 9.91 x 9.91ft
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Market Insights
Transaction Insights at Solstice II
| 3 Bed | 3 Bed + Den | |
|---|---|---|
| Price Range | No Data | $601,000 - $625,000 |
| Avg. Cost Per Sqft | No Data | $536 |
| Price Range | No Data | No Data |
| Avg. Wait for Unit Availability | 286 Days | 73 Days |
| Avg. Wait for Unit Availability | No Data | No Data |
| Ratio of Units in Building | 14% | 87% |
Market Inventory
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