1219 Gordon Street, Unit 306
1219 Gordon Street, Unit 306
$514,900
$468/sq ft · 25 days on market
About This Listing
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.
Amenities
| Monthly Mortgage (P&I) | $2,243 |
| Property Tax (MLS) | $351 |
| Maintenance Fees | $495 |
| Total Monthly Cost | $3,089 |
Down payment: $102,980 (20.0%) · Mortgage: $411,920
Property tax uses MLS annual tax of $4,207/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by Coldwell Banker Neumann Real Estate
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Data last updated: August 23, 2026 at 04:25 a.m.