Built in 2005 and managed by Inspirah Property Management Ltd and Inspirah Rental Management Ltd., Gosling Gardens is a development of eighty-eight – 3 and 4 bedroom townhome units, all with private driveways and attached single car garages.
Located in the subdivision of Clairfields in Guelph’s southernmost edge of town, Gosling Gardens has been actively sought after by investors for the past 10 years. Below is a list why:
- Attractive price point
- Easy access into and out of the city
- Same size and layouts as 1055 and 1155 Gordon Street, 66 Rodger Road and 920 Edinburgh Road South
- On direct bus routes to University of Guelph
- Achieve the same rent levels as other developments in the area where the average sale price per unit is greater
- Shopping Centres at your doorstep
- Many part-time and full-time employment opportunities within walking distance
List of businesses within 500 metres of Gosling Gardens:
- TD Canada Trust
- Scotia Bank
- Meridian Credit Union
- Galaxy Cinemas
- Shoeless Joe’s
- Ptia Pit
- State and Main
- The Keg
- Food Basics
- Shopper’s Drug Mart
- The Beerstore
- GoodLife Fitness
Since 2010, homes in Gosling Gardens sell on average within sixteen days of going on the market, with approximately five homes being sold annually.
Below are the statistics showing the average sale price for a home in Gosling Gardens, the number of units sold and the annual inflation rate for the past five years.
Average Sale Price | $238,688
Total Units Sold | 8
Percentage Increase in Sale Price (Year Over Year) | 6.86%
Average Sale Price | $243,333
Total Units Sold | 3
Percentage Increase in Sale Price (Year Over Year) | 1.91%
Average Sale Price | $263,486
Total Units Sold | 7
Percentage Increase in Sale Price (Year Over Year) | 7.65%
Average Sale Price | $285,000
Total Units Sold | 2
Percentage Increase in Sale Price (Year Over Year) | 7.55%
Average Sale Price | $304,667
Total Units Sold | 6
Percentage Increase in Sale Price (Year Over Year) | 6.46%
With the exception of 2011, unit owners of Gosling Gardens have seen their property values increase on average by 7% year over year for the past five years.
While located further away from the University of Guelph than other similar developments mentioned above and in previous articles, Gosling Gardens is closer to more amenities and thus, the convenience factor for renters without access to a vehicle makes this location potentially more valuable.
For those owners interested in taking a more hands off approach to their investment properties you may contact Mark Roberts – President of Inspirah Rental Management Ltd. at (888) 407-3886, or, go to www.inspirah.com. Inspirah Rental Management Ltd. will look after the renting and maintenance of your home.