Listed by Royal Lepage Real Estate Services Ltd..

502-1219 Gordon Street is a Condo Apt, Apartment and is currently for Sale @ $629,000. Taxes in 2025 were $4,710.00.

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High-Performing Student Rental Investment Near the University of GuelphThis purpose-built 4-bedroom, 4-bathroom condo presents a compelling investment opportunity in one of Guelph's most dependable rental markets. The Apartment on 502-1219 Gordon Street has 4 bedrooms, 4 bathrooms, and is located in the community of Kortright West . Ideally located in the city's sought-after south end with direct transit access to the University of Guelph, the property benefits from consistently strong student demand and excellent long-term rental stability. Each bedroom is designed with its own private ensuite, a highly desirable layout that allows for premiumper-room leasing while minimizing vacancy risk and enhancing tenant satisfaction.The unit features modern, low-maintenance finishes, including quartz countertops and carpet-free laminate flooring, making it well-suited for long-term durability and reduced operating costs. A recently updated in-suite washer adds further practicality and appeal. Beyond the unit itself, residents have access to an impressive range of amenities, including secure entry, concierge service, a fitness center, 24-hour Wi-Fi study rooms, media and gaming lounges, and a rooftop terrace overlooking conservation lands-features that significantly enhance the property's rental appeal and tenant retention.The unit currently has one vacant room the other (3) are leased for:Room 1 leased for $1,150 (utilities included) rent ends April 30, 2027 Room 2 Leased for $1,250 (utilities included) rent ends August 30, 2026 Room 3 Leased for $1,250 (utilities included) rent ends April 30, 2027 Parking spot is leased for $150/month.

Kitchen appliances, washer and dryer

The address 502-1219 Gordon Street was listed for sale (MLS# X12969552) on Wednesday, April 08, 2026.