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Listed 1 month ago

242 - 1077 GORDON Street

Kortright West, Guelph

$479,000

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

Stunning Modern Bright Open Concept Condo located in a fabulous location. 2 bedroom, 2 bath condo featuring 9-foot ceilings with a spacious bright layout and large balcony overlooking serene green space. The modern kitchen includes granite countertops with breakfast bar, and stainless steel appliances. Enjoy your morning coffee relaxing on private balcony overlooking the beautiful green space. Whether you're enjoying your morning coffee, working remotely, or unwinding after a busy day, this outdoor retreat offers a peaceful setting to relax and recharge. Large primary bedroom with 3 piece ensuite washroom. Second spacious bedroom with 4 piece washroom. Convenient in-suite laundry. Easy access to underground parking, and large storage room. Prime location within walking distance to the University of Guelph, public transit, restaurants, LCBO, Beer Store, Banks, Shops, Malls, Theater, outdoor green spaces, and quick access to the Hanlon Expressway, Highway 6, Highway 401. This Condo is perfect for young professionals, first time buyers, students, parents of University of Guelph students, downsizers, or investors

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$465
LockerExclusive
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,501
mls© NumberX13805096
Listed BySUTTON GROUP - SUMMIT REALTY INC.
Building Insurance Included
Common Elements Included
Water Included
Parking 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%
$2,452
Property tax
$375
Heat allowance
$150
Condo fees, half counted
$232
Housing costs
$3,209 / mo

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

Down payment20% · $95,800
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,016 / mo
Cash down
$95,800

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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