5 Gordon Street 406, Guelph

$399,000
5 Gordon Street 406

$399,000

New
29d
Condo Apartment1 Storey/Apt

5 Gordon Street 406, Guelph

Total Monthly Obligation $2,506

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
29d
Score
21
Yield
6.6%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.4%
Property Type-Condo Apartment
MLS® Number-X13825352
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 24, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-11-15
Taxes-$3,354.48 (2025)
Maintenance-$416.55/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Planet Realty Inc
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Brick
Roof-Other
Foundation-Poured Concrete
Possession-Flexible closing
Neighbourhood-Downtown
Title-Residential Condo & Other

No agent assigned

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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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,506/mo
Mortgage $1,609
Monthly Loss $2,082
Principal$424
Interest$1,186
Property Tax$280
Condo Fees$417
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.4%1
5-Year IRR
10.1%36
10-Year IRR
10.8%
Returns Index
18.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$26,400/yr
NOI
$13,007/yr
Net Cash Flow
-$526/mo
Cash Margin
-23.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
31.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5 Gordon Street 406

Time

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Data last updated within the past 24 hours.