5 Gordon Street, Guelph, ON

$639,900
MLS#:X8487834
2 beds
1 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Downtown. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $639,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Air Exchanger, Primary Bedroom - Main Floor, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

BEST OF THE BEST - and WHAT A VIEW!! When it comes to DOWNTOWN CONDO LIVING it DOESN'T GET MUCH BETTER THAN THIS! First, is the UNBEATABLE LOCATION - the Guelph Farmers Market is (quite literally) right across the street and the GO TRAIN, SLEEMAN CENTRE, SHOPS, PUBS & RESTAURANTS are mere steps away - making this building the perfect home for a downtown lifestyle. Now for the suite itself....differentiators for quality & prestige are knocked out of the park with this 5th FLOOR CORNER UNIT with elevated panoramic views of the city, peripheral gardens surroundings (yes, this suite boasts adjacency to a maintained sprawling green roof...) and a covered balcony (perfect for sunsets with a glass of wine...), making it unlike any other condo in the city!! Floor to ceiling windows drench this suite in natural light illuminating a gorgeous kitchen (with quartz counters & premium cabinetry), an open concept living & dining room, two bedrooms (with oversized closets) & a 4pc bathroom! Laden in luxurious upgrades, premium floors, fixtures and window coverings make this a stunningly sophisticated suite - and the HEAT AND WATER ARE COVERED in the fees!! You will NEVER FIND ANOTHER ONE LIKE THIS! So don't delay - make it yours today!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 31, 2024
Sold price information is available to members only
Listed Date6/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick Front
BasementNone
CountyWellington
Annual Tax$3,866.54

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Public Transit, Rec./Commun.Centre, Other

Interior Features

Air Exchanger, Primary Bedroom - Main Floor, Storage

Security Features

Community Features

Location

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5 Gordon Street, Guelph, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5 Gordon Street 500, Guelph, ON N1H 4G8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph.

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Interest Rate5.25%
Down Payment$38,990 (6.1%)
* Minimum Canadian down payment required for this price is $38,990.
Amortization Period25 Years
Estimated Monthly Payment$3,581Based on a loan of $600,910 over 25 years.
Purchase Price$639,900
Loan Amount$600,910
Provincial Land Transfer Tax:$9,273
Total Estimated Closing Taxes:$9,273

About Purchasing a Home in Guelph, ON

For a property listed at $639,900 in Guelph, the legal minimum down payment is $38,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,273 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,273.

Nearby Listings

Distance:

No current listings found in Guelph.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Downtown, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$836,003

People & Families

Age Distribution

Household Composition

One-person households
28%
Families with children
42%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English28%
Canadian22%
Scottish20%
Irish19%

Local Schools Guide

Elementary Schools

Central
Public97 Dublin Street North, Guelph, Ontario, N1H 4N2
7.6
John McCrae
Public189 Water Street, Guelph, Ontario, N1G 1B3
8.8
Victory
Public135 Exhibition Street, Guelph, Ontario, N1H 4R4
7.8
Paisley Road
Public406 Paisley Road, Guelph, Ontario, N1H 2R3
4.7
King George
Public72 Lemon Street, Guelph, Ontario, N1E 2H5
7.7

Secondary Schools

Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2
Our Lady of Lourdes
Public54 Westmount Road, Guelph, Ontario, N1H 5H7
4.6
John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied68%
Rented32%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.