308 Watson Parkway N 114, Guelph

$395,000
308 Watson Parkway N 114

$395,000

New
9d
Condo ApartmentApartment

308 Watson Parkway N 114, Guelph

Total Monthly Obligation $2,389

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
9d
Score
20
Yield
5.8%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-X14033062
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,898 (2026)
Maintenance-$354.41/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-Keller Williams Home Group Realty
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Possession-Flexible
Neighbourhood-Grange Road
Title-Residential Condo & Other

No agent assigned

Home ownership can be so easy and affordable! Step right into this bright, fresh, beautiful and carpet free one bedroom plus den condo in Guelph's east end close to parks, schools, library and more! The open concept lay-out is perfect for entertaining with large living room overlooking the eat-in kitchen with breakfast bar and sliders to a good sized balcony. The principal bedroom has a large window and closet. A spotless 4 piece bathroom, in-suite laundry and a generous den with huge closet complete this condo. One parking spot and a locker are also included. This well-maintained and managed building also offers an elevator and a common room with kitchen.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$316,000
Land Transfer Taxes$4,400
Legal Fees (Est.)
$
Total cash required for closing$84,900

Total Monthly Obligation

$2,389/mo
Mortgage $1,593
Monthly Loss $1,970
Principal$419
Interest$1,174
Property Tax$242
Condo Fees$354
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.4%25
10-Year IRR
9.5%
Returns Index
13.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$22,980/yr
NOI
$11,131/yr
Net Cash Flow
-$666/mo
Cash Margin
-34.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
31.4/ 100

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

Comparables

Properties near 308 Watson Parkway N 114

Time

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Data last updated within the past 24 hours.