68-1155 Gordon Street Sold 12 days ago

Guelph, Kortright West, N1L 1S8

$719,900$000000

Description

Listed by M1 Real Estate Brokerage Ltd.

Welcome to Unit #68, at 1155 Gordon Street! Discover a prime investment opportunity at nestled in Guelph’s vibrant University District. This exceptional property is designed for investors seeking to capitalize on the robust rental market in one of the city’s most desirable areas. This unit would also make for an amazing family home. The unit boasts three spacious bedrooms on the second floor, each offering generous space and comfort, complemented by a well-appointed shared four-piece bathroom. Adding significant value, the walkout basement remains unfinished but comes with a roughed-in bathroom, presenting a versatile space ready to be converted into a fourth bedroom or additional living area. This potential for expansion makes it a lucrative option for increasing rental income or enhancing resale value. Modern comforts are at the forefront with a newly installed high-efficiency heat pump, ensuring energy savings and enhanced climate control, an appealing feature for tenants prioritizing both comfort and cost-efficiency. Further enhancing its appeal is an attached garage, offering secure parking and extra storage, a rare convenience in the area. The large deck off the living room provides a delightful space for outdoor relaxation and entertaining, making the unit even more attractive to potential renters or buyers. Located in Guelph’s sought-after University District, this property is a top choice for students and locals alike. Its proximity to the University of Guelph, public transportation, shopping, dining, and the city’s vibrant life ensures a steady demand for rental. Additionally, low condo fees contribute to an excellent return on investment, keeping overheads low and profits high.

Range Hood,Refrigerator,Stove,Washer,Window Coverings

Location

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  • Address: 68-1155 Gordon Street
  • Neighborhood: Kortright West
  • City: Guelph
  • State: ON
  • Postal Code: N1L 1S8

Property Details

  • Property ID: 40617719
  • Property Price: $719,900
  • Style: Row/Townhouse, Two Story
  • Sq/Ft: 1260
  • Rooms: 8+2
  • Bedrooms: 3+0
  • Bath: 2
  • Garages Spaces: 1
  • Parking Spaces: 2
  • Year Built: 2005
  • A/C: Central Air
  • Basement: Full, Unfinished
  • Exterior: Vinyl Siding
  • Heating: Forced Air, Heat Pump
  • Taxes: $3,969.93 (2023)
  • Condo Corp #: 130
  • Exposure: South
  • Pets: Yes
  • Property Manager: Inspirah
  • Maintenance: 284.78
  • Ammenities: BBQs Permitted, Playground, Parking

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Room details and dimensions

Statistics for similar Row/Townhouse condos in Kortright West

The graph below compares the average list price and average sale price of condos in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Row/Townhouse condos in Kortright West

The graph below illustrates the average days on market for condos in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Row/Townhouse condos in Kortright West

Property History

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  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

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