$899,900

House For Sale In Downtown, Guelph, Ontario

$899,900
  • 6

    Bedrooms

  • 2

    Baths

  • 3

    Parking Spaces

Property Information:

Attention investors! Cash cow producing over $950/month in positive net cash flow! This captivating 6-bedroom, red brick century home at 145 Arthur St N, featuring a renovated, vacant, legal accessory apartment, is a prime investment opportunity. With the main floor unit vacant, you have the flexibility to live in one unit and rent the other or rent both for maximum returns. Live in the main unit for less than $2,000/month in total expenses—far cheaper than renting in this desirable area—and build equity in an appreciating asset. Positioned in downtown Guelph, steps from restaurants, boutiques, the GO Station and major future developments, this property offers an ideal balance of immediate cash flow and long-term growth. The city of Guelph is investing over 300 million in the downtown Baker St development and the new Downtown Conestoga Campus is bringing an influx of 5,000 students to the downtown core. Rents and home values in this area are anticipated to skyrocket over the next 5 years. With updated kitchens, modern bathrooms and 3 adjacent parking spots, this property not only offsets most of your mortgage but will significantly increase your wealth as its value appreciates over the next 5 years! Don’t miss this rare opportunity to invest in a property poised for exceptional returns.

Inclusions: Dishwasher,Fridge X2, Stove X2, Washer X2, Dryer X2, Water Softener, Hwt On Demand.

Exclusions : Tenants Belongings.

Building Features:

  • Floor Space: 1584 Square Feet

Property Features:

  • Bedrooms: 6
  • Bathrooms: 2+0
  • Acres Range: < 0.5
  • Architectural Style: 2.5 Storey
  • Basement: Full, Finished
  • Built in: 1930
  • Construction Materials: Stone
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 1584 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment
  • Laundry Features: In-Suite, Multiple Locations
  • Lot Depth: 100 Feet
  • Lot Features: Urban, Rectangular, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 29.99 Feet
  • Parking Features: Asphalt, Mutual/Shared
  • Roof: Asphalt Shing
  • View: River
  • Water Source: Municipal
  • Zoning: R.1B
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Rooms:

  • Kitchen Main Level 3.38 X 3.30
  • Living Main Level 4.04 X 3.99
  • Bedroom Basement Level 3.33 X 2.79
  • Bathroom Basement Level
  • Bedroom 2nd Level 4.06 X 3.05
  • Loft 3rd Level 6.96 X 3.84
  • Kitchen 2nd Level 3.51 X 3.00
  • Bedroom 2nd Level 4.14 X 3.05
  • Bedroom 2nd Level 3.51 X 2.87
  • Bedroom Basement Level 3.68 X 3.53
  • Bathroom 2nd Level
  • Bedroom Main Level 3.96 X 3.20

Courtesy of: RE/MAX Real Estate Centre Inc Brokerage

Data provided by: Guelph & District Association of REALTORS® 400 Woolwich Street, Guelph, Ontario N1H 3X1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved