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Listed 2 months ago

113 - 1284 Gordon Street

Kortright East, Guelph

$479,900

Condo Apartment |
2 | 2 | 1 | 1
About this home

Beautifully designed ground floor 2 bedroom, 2 bathroom condo offering over 800 sq. ft. of stylish living space in a prime location. Featuring high-end finishes throughout, this unit boasts a modern kitchen with granite countertops, a spacious living area, and a well-designed layout ideal for comfortable living. Includes a convenient owned locker for additional storage. Perfect for investors or end users alike, this condo is ideally located close to the university, transit, shopping, and all essential amenities-making it a fantastic opportunity with strong rental potential.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$341
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,522
mls© NumberX13734340
Listed ByRE/MAX Real Estate Centre Inc
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,456
Property tax
$294
Heat allowance
$150
Condo fees, half counted
$171
Housing costs
$3,070 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $95,980
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$2,019 / mo
Cash down
$95,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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