2 Colonial Drive 314, Guelph

$439,000
2 Colonial Drive 314

$439,000

New
8d
Condo ApartmentApartment

2 Colonial Drive 314, Guelph

Total Monthly Obligation $2,849

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
8d
Score
18
Yield
6.1%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-X14084324
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,019.96 (2026)
Maintenance-$543.47/mo
Locker-None
Parking-2 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-Bosley Real Estate Ltd.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-30-59 days
Neighbourhood-Pineridge/Westminster Woods
Title-Residential Condo & Other

No agent assigned

Stylish updates, exceptional convenience, and the rare bonus of two owned parking spaces make this condo a standout opportunity in Guelph's desirable Pineridge/Westminster Woods neighbourhood. Thoughtfully updated and move-in ready, this 2-bedroom, 2-bathroom home offers comfortable living designed to fit a variety of lifestyles. At the heart of the home, the renovated kitchen features updated cabinetry and countertops, creating a fresh, modern space that flows effortlessly into the open living area. Large windows fill the unit with natural light, while the private balcony provides the perfect spot to enjoy your morning coffee or relax after a busy day.The spacious primary bedroom offers the comfort of its own ensuite bathroom, while the second bedroom is ideal for guests, a home office, or growing families. In-suite laundry adds everyday convenience, and the inclusion of two parking spaces is a rare feature that sets this unit apart. Residents enjoy access to excellent building amenities, including a fitness room, party room, controlled entry, and visitor parking. Located just minutes from shopping, restaurants, parks, trails, schools, public transit, the University of Guelph, and Highway 401, you'll love the ease of living in one of the city's most connected communities. Whether you're searching for your first home, looking to downsize, or adding to your investment portfolio, this turnkey condo offers the perfect blend of comfort, style, and convenience.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$351,200
Land Transfer Taxes$5,255
Legal Fees (Est.)
$
Total cash required for closing$94,555

Total Monthly Obligation

$2,849/mo
Mortgage $1,771
Monthly Loss $2,383
Principal$466
Interest$1,305
Property Tax$335
Condo Fees$543
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.6%21
10-Year IRR
8.9%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$26,904/yr
NOI
$11,272/yr
Net Cash Flow
-$831/mo
Cash Margin
-37.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
27.0/ 100

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

Comparables

Properties near 2 Colonial Drive 314

Time

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