1219 Gordon Street Unit 306, Guelph, ON N1L 0M9

$514,900
3
BD
3
BA
1,000
SqFt

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List Price
$514,900
MLS#
X13458032
Status
ACTIVE
Type
Condo
SubType
Condo Apartment
Style
1 Storey/Apt
Bedrooms
3
Bathrooms
3
Living Area
1000-1199
Province
ON
Municipality
Guelph
Area
Wellington
Neighborhood
Kortright West
Subdivision
Gordon St. & Edinburgh

Property 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.

Additional Information

Taxes
$4,207
Maintenance Fee
495
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
1
Exterior
Aluminum Siding, Brick
Garage Type
None
Parking Spaces
1
Parking Type
Surface

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Neumann Real Estate.