784 Gordon Street 16, Guelph

$690,000
784 Gordon Street 16

$690,000

New
21d
Condo Townhouse2-Storey

784 Gordon Street 16, Guelph

Total Monthly Obligation $4,205

Beds
3
Baths
3
Park
2
Sqft
1400-1599
DOM
21d
Score
16
Yield
5.4%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Condo Townhouse
MLS® Number-X13863550
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$5,992.57 (2026)
Maintenance-$722/mo
Locker-None
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-Royal LePage Royal City Realty
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-flexible
Neighbourhood-Kortright East
Title-Residential Condo & Other

No agent assigned

Living single-level when you want to-and having plenty of room when guests arrive-is the ultimate luxury in Guelph's Old University neighbourhood. Welcome to Unit 16 at 784 Gordon Street, a spacious executive townhouse where winter maintenance is officially someone else's problem. That's right: the condo corporation shovels your driveway and walkways right up to the front door and keeps the grounds looking sharp year-round, so you can spend your weekends enjoying life instead of pushing a lawnmower or wrestling with a snowblower. Inside this 22-unit enclave, convenience leads the way. The primary bedroom is located right on the main floor, complete with a 4-piece ensuite, cathedral ceilings, and warm hardwood floors. Park both cars easily in the double attached garage-or keep one side open for extra storage-and walk straight into a bright main level featuring vaulted ceilings, a kitchen with stainless steel appliances and an island, and an enclosed lanai area that walks out to a sunny deck. Upstairs, the expansive loft layout offers two additional bedrooms, an upgraded bathroom with a skylight, and a second-floor sitting area-giving family or overnight visitors their own complete floor of privacy. Need even more room? The massive unfinished basement offers a blank canvas for future development or endless storage space.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$552,000
Land Transfer Taxes$10,275
Legal Fees (Est.)
$
Total cash required for closing$149,775

Total Monthly Obligation

$4,205/mo
Mortgage $2,783
Monthly Loss $3,472
Principal$732
Interest$2,051
Property Tax$499
Condo Fees$722
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.8%17
10-Year IRR
8.3%
Returns Index
10.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$37,176/yr
NOI
$16,402/yr
Net Cash Flow
-$1,416/mo
Cash Margin
-45.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.7/ 100

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

Comparables

Properties near 784 Gordon Street 16

Time

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