$3,299,900

Investment For Sale In Downtown, Guelph, Ontario

$3,299,900

Property Information:

RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 self-contained rental units on 1-acre lot making it a prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning income. W/ability to generate gross rents over $15,000/mth, vacant poss avail for setting market rents, W/strong potential to add 4–5 units at rear of property. 3D survey & prelim architectural plans have been completed & reviewed at City Hall W/positive feedback. Current application submitted for 5 units (in line W/CMHC priorities) though could be adapted to 4 if desired. This groundwork provides buyers W/confidence in immediate returns & future upside. Each unit blends historic character W/modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. GR W/crown moulding & bay window. Kitchen W/lots of cabinetry & centre island. Formal DR & sep FR for entertaining. Primary bdrm W/skylights & wall of closets. Garden doors open to deck. Renovated 3pc ensuite W/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to fin bsmt W/its own entrance, office W/exposed stone walls, wine cellar, full kitchen & flex living space—ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/fireplace & crown moulding. DR with B/I display nook & kitchen W/sleek cabinetry, S/S appliances, access to washer/dryer & side ent. Both bathrooms have W/I glass showers. Units 3 & 4: 2-bdrm 1-bath has charm W/modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen W/in-suite laundry. Unit 4: open-concept layout & fireplace in primary bdrm. Both have 3pc bath with W/I glass showers. Unit 5: 1-bdrm 1-bath W/open-concept living & dining, kitchen with S/S appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from downtown & walkable to shops, dining, transit &parks

Inclusions: Other,All Furniture In Units 2, 3, 4 & 5, All Appliances In All Units.

Exclusions : Some Furniture In Unit 1.

Building Features:

  • Floor Space: 6700 Square Feet

Property Features:

  • Bedrooms: 10
  • Acres Range:
  • Basement: Walk-Out Access, Full, Finished
  • Built in: 1880
  • Construction Materials: Brick, Stucco
  • Cooling: Wall Unit(s)
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 6700 Square Feet
  • Heating: Other
  • Laundry Features: In-Suite
  • Lot Features: Irregular Lot, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 38.30 Feet
  • Other Structures: Shed(s)
  • Parking Features: Asphalt
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Window Features: Skylight(s)
  • Zoning: R1B
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 11

Courtesy of: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

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