Property Information:

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. (id:27)

Building Features:

Style: Apartment
Building Type: Apartment
Amenities: Recreation Centre, Exercise Centre
Basement Type: None
Exterior Finish: Aluminum siding, Brick
Floor Space: 1000 - 1199 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Dishwasher, Dryer, Stove, Washer, Window Coverings, Refrigerator

Property Features:

OwnershipType: Condominium/Strata
Property Type: Single Family
Bedrooms: 3
Bathrooms: 3
Amenities Nearby: Public Transit, Schools
Community Features: Pets Allowed With Restrictions, School Bus
Condo Fees: $495 Monthly
Features: Elevator, Carpet Free, In suite Laundry
Floor Space (approx): 1000 - 1199 Square Feet
MaintenanceFee Type: Insurance, Common Area Maintenance
Parking Type: No Garage
No. of Parking Spaces: 1

Courtesy of: Coldwell Banker Neumann Real Estate

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Demographic Information of 306 - 1219 GORDON STREET, Guelph (Kortright West), Ontario, N1L 0M9

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$130,707.10

Average Number of Children

1.75

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.03 %

High school certificate or equivalent

31.74 %

Apprenticeship trade certificate/diploma

1.62 %

College/non-university certificate

14.57 %

University certificate (below bachelor)

1.67 %

University Degree

37.37 %

Commuter

Travel To Work

By Car

84.04 %

By Public Transit

6.88 %

By Walking

3.53 %

By Bicycle

2.29 %

By Other Methods

3.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.23 %

Houses

87.77 %

306 - 1219 GORDON STREET, Guelph (Kortright West), Ontario, N1L 0M9