1219 Gordon Street

Property facts

Price

$514,900

Type

condo apartment

Bedrooms

3

Bathrooms

3

MLS®

X13458032

Status

active

Brokerage

Coldwell Banker Neumann Real Estate

About this home

Turnkey student rental opportunity in the popular Solstice II building, ideally set up for University of Guelph students, parents, or investors looking for a low-maintenance income property. This 3 bedroom, 3 bathroom suite offers a highly functional layout, with each bedroom featuring its own private ensuite bathroom - a major advantage for student living and shared accommodations.The unit is carpet-free and finished with durable, modern materials throughout, including stainless steel kitchen appliances, quartz countertops in the kitchen and bathrooms, in-suite laundry, and all appliances included. The layout is designed for practical day-to-day living, with private bedroom spaces and a central kitchen/living area for shared use.This is a completely turnkey rental with a lease in place at $4,077/month, providing $48,924 in annual gross rent. Per the lease, electricity and water are tenant responsibilities. The building is purpose-built for student living and offers excellent amenities, including study rooms on each floor, a gym, lounge and games areas, media/common spaces, and a rooftop terrace. Located on a direct bus route to the University of Guelph, with quick access to shopping, restaurants, groceries, banks, Stone Road Mall, and everyday south-end amenities. A strong option for investors seeking an established student rental, or parents looking to secure housing near the University of Guelph with rental income potential.

Location