Offering an ideal mix of vibrant downtown Guelph living and expansive views, Unit 406 at 5 Gordon Street pairs a prime downtown location with a rare southeast exposure overlooking the Speed River, The Cutten Club, and the University of Guelph campus. Inside, a functional open-concept layout maximizes space and natural light, featuring a practical kitchen with crisp cabinetry and stainless steel appliances that connects seamlessly to the main living area and private balcony. Enjoy your morning coffee while taking in beautiful sunrises and the exceptional views from this elevated position. The spacious bedroom comfortably accommodates a complete bedroom set, complemented by a modern, updated 4-piece bath. The location puts the best of the city at your doorstep, with local favourites like Balzac's Coffee right downstairs, the Farmers' Market across the street, and the GO Station just a short walk away. Complete with dedicated underground parking, low-maintenance condo fees covering water and insurance, and the option to include the existing furniture at no additional cost, this turn-key 1-bedroom suite offers exceptional value in the heart of the city.
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $648 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 5 Gordon St #406
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
600-699 sq ftas stated on the listing
Lot size
0 x 0
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot dimensions
0 x 0
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
5 Gordon St #406 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14128114$389,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5 Gordon St #406 Compares to the Guelph Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,911
/mo
based on the purchase price of $389,000
$77,800 cash
$311,200 financed
$262,112 total interest
Principal54%$311,200
Interest46%$262,112
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Guelph
Other 1–3 bed homes for sale in Guelph around $389K.
Average days on market37Homes sold in about 37 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings655Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with May 2 – Jul 31, 2026: prices down.
Based on 599 sales from Jul 31 – Oct 29, 2026 (466 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale at 5 Gordon St — plus its sale and lease history.
5 Gordon St #406 is listed at $389,000 (MLS® X14128114). Summitly updates the price as soon as the MLS® record changes.
Is $389,000 a good price for 5 Gordon St #406?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Guelph. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5 Gordon St #406 changed?
No — 5 Gordon St #406 is still listed at its original asking price of $389,000.
How many bedrooms and bathrooms does 5 Gordon St #406 have?
5 Gordon St #406 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Guelph.
Is 5 Gordon St #406 close to transit?
The nearest rapid-transit station is Guelph Central GO Station (Kitchener GO), about 320 m (about a 4-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 5 Gordon St #406?
About $1,911 a month — principal and interest on $389,000 with 20% down ($77,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 5 Gordon St #406 compare with other homes in Guelph?
Its asking price of $389,000 is about 47% below the median sold price in Guelph over the last 90 days, $737,500, across 599 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5 Gordon St #406 been sold before?
Summitly has no earlier MLS® sale or lease of 5 Gordon St #406 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Gordon St #406?
5 Gordon St #406 is in Guelph, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Gordon St #406 been on the market?
5 Gordon St #406 was listed today (October 29, 2026).
What is the price per square foot of 5 Gordon St #406?
About $557 to $648 per square foot: the asking price of $389,000 over the 600–699 sq ft the listing gives as its size range.
