$1,690,000

Investment For Sale In Downtown, Guelph (St. George's), Ontario

$1,690,000

Property Information:

This legal triplex is a rare find and a true cash-flow powerhouse. One half of the building is being completely rebuilt from the ground up, including new footings, and will be fully completed before Christmas. The other half was fully renovated in 2022 with updated electrical, plumbing, windows, and modern, quality updates throughout like heated flooring in the kitchen, high-end appliances, engineered hardwood, stunning bathrooms and skylights to bring in more light. With a coveted downtown location, this property offers incredible rental potential of over $8,100 per month-or choose to live in one unit and rent out the other two. Both sides of the building will be turnkey and ready for tenants or to move in. This triplex has a strong rental history and has never sat vacant, making it a perfect opportunity for investors seeking immediate income or a live-in scenario with supplemental rental income. Don't miss your chance to own a fully legal, high-performing investment property in the heart of the city. Contact the listing agent for full details and rental history. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Stone, Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water softener, Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 5
  • Half Bathrooms: 1
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 64.7 Feet
  • Lot Frontage: 53.3 Feet
  • Lot Size: 53.3 x 64.7 FT
  • Zoning: R.1B
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Rooms:

  • Living 2nd Level 5.26 m x 3.20 m
  • Kitchen 2nd Level 3.54 m x 3.14 m
  • Bathroom 2nd Level 2.84 m x 1.88 m
  • 2nd Bedroom 2nd Level 4.14 m x 2.84 m
  • Primary Bedroom 2nd Level 6.10 m x 3.05 m
  • Bathroom 2nd Level 5.18 m x 1.52 m
  • 2nd Bedroom 2nd Level 2.74 m x 2.44 m
  • Bathroom 2nd Level 2.13 m x 1.52 m
  • Other Basement Level 4.88 m x 10.06 m
  • Other Basement Level 4.24 m x 4.55 m
  • Other Basement Level 5.82 m x 4.85 m
  • Foyer Main Level 2.90 m x 1.22 m
  • Living Main Level 3.89 m x 3.53 m
  • Kitchen Main Level 3.35 m x 3.15 m
  • Dining Main Level 5.92 m x 4.88 m
  • Dining Main Level 2.97 m x 2.77 m
  • Bathroom Main Level 2.26 m x 2.08 m
  • Bedroom Main Level 4.14 m x 2.49 m
  • Kitchen Main Level 4.57 m x 3.66 m

Courtesy of: Chestnut Park Realty (Southwestern Ontario) Ltd

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.