502 - 1219 GORDON STREET, Guelph (Kortright West), Ontario, N1L0M9

Property Description

High-Performing Student Rental Investment Near the University of GuelphThis purpose-built 4-bedroom, 4-bathroom condo presents a compelling investment opportunity in one of Guelph's most dependable rental markets. Ideally located in the city's sought-after south end with direct transit access to the University of Guelph, the property benefits from consistently strong student demand and excellent long-term rental stability. Each bedroom is designed with its own private ensuite, a highly desirable layout that allows for premiumper-room leasing while minimizing vacancy risk and enhancing tenant satisfaction.The unit features modern, low-maintenance finishes, including quartz countertops and carpet-free laminate flooring, making it well-suited for long-term durability and reduced operating costs. A recently updated in-suite washer adds further practicality and appeal. Beyond the unit itself, residents have access to an impressive range of amenities, including secure entry, concierge service, a fitness center, 24-hour Wi-Fi study rooms, media and gaming lounges, and a rooftop terrace overlooking conservation lands-features that significantly enhance the property's rental appeal and tenant retention.The unit currently has one vacant room the other (3) are leased for:Room 1 leased for $1,150 (utilities included) rent ends April 30, 2027 Room 2 Leased for $1,250 (utilities included) rent ends August 30, 2026 Room 3 Leased for $1,250 (utilities included) rent ends April 30, 2027 Parking spot is leased for $150/month. (id:64974)

Quick Facts

• Property Type: Apartment (Condo)
• Bedrooms: 4 (4 above)
• Bathrooms: 4
• Ownership: Condo/Strata
• Attached: Yes
• Parking: 1.0 space (Garage)

Costs

• Annual Taxes: $4,710.00
• Condo/HOA Fee: $693.57 / monthly
• Corp: Bendale Property Management
• Includes: Common Area Maintenance, Heat, Water, Insurance

Listing Provided by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.