| CAC Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |

























406 - 5 Gordon Street
Downtown, Guelph
$399,000
Offering an ideal mix of vibrant downtown Guelph living and expansive views, Unit 406 at 5 Gordon Street pairs a prime downtown location with a rare southeast exposure overlooking the Speed River, The Cutten Club, and the University of Guelph campus. Inside, a functional open-concept layout maximizes space and natural light, featuring a practical kitchen with crisp cabinetry and stainless steel appliances that connects seamlessly to the main living area and private balcony. Enjoy your morning coffee while taking in beautiful sunrises and the exceptional views from this elevated position. The spacious bedroom comfortably accommodates a complete bedroom set, complemented by a modern, updated 4-piece bath. The location puts the best of the city at your doorstep, with local favourites like Balzac's Coffee right downstairs, the Farmers' Market across the street, and the GO Station just a short walk away. Complete with dedicated underground parking, low-maintenance condo fees covering water and insurance, and the option to include the existing furniture at no additional cost, this turn-key 1-bedroom suite offers exceptional value in the heart of the city.
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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | 11-15 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $417 |
| Locker | None |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,354 |
| mls© Number | X13825352 |
| Listed By | Planet Realty Inc |
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%
- $2,042
- Property tax
- $280
- Heat allowance
- $150
- Condo fees, half counted
- $208
- Housing costs
- $2,680 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$82,000
gross annual household income
- Payment at 4%
- $1,679 / mo
- Cash down
- $79,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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