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Renanza Realty
For sale

306 - 1219 GORDON STREET

Guelph (Kortright West), Ontario

MLS® X13458032

$514,900

Status
Active
Property type
House
MLS® number
X13458032
Bedrooms
3
Bathrooms
3
Year built

Listing description

Turnkey student rental opportunity in the popular Solstice II building, ideally set up for University of Guelph students, parents, or investors looking for a low-maintenance income property. This 3 bedroom, 3 bathroom suite offers a highly functional layout, with each bedroom featuring its own private ensuite bathroom - a major advantage for student living and shared accommodations. The unit is carpet-free and finished with durable, modern materials throughout, including stainless steel kitchen appliances, quartz countertops in the kitchen and bathrooms, in-suite laundry, and all appliances included.

The layout is designed for practical day-to-day living, with private bedroom spaces and a central kitchen/living area for shared use. This is a completely turnkey rental with a lease in place at $4,077/month, providing $48,924 in annual gross rent. Per the lease, electricity and water are tenant responsibilities.

The building is purpose-built for student living and offers excellent amenities, including study rooms on each floor, a gym, lounge and games areas, media/common spaces, and a rooftop terrace. Located on a direct bus route to the University of Guelph, with quick access to shopping, restaurants, groceries, banks, Stone Road Mall, and everyday south-end amenities. A strong option for investors seeking an established student rental, or parents looking to secure housing near the University of Guelph with rental income potential.

Property summary

MLS® number
X13458032
Property type
Single Family
Building type
Apartment
Title
Condo/Strata
Annual property taxes
$4,207.00
Parking
1 space · No Garage
Days on market
80 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
None
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Exterior features
Brick, Aluminum siding
Lot features
Elevator, Carpet Free, In suite Laundry
Community features
School Bus, Pets Allowed With Restrictions
Maintenance fee
$495 / Monthly

What would this home cost you?

Based on the $514,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,396 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Coldwell Banker Neumann Real Estate, GUELPH.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.