220 Gordon Street, Guelph, ON, N1G 1X3

MLS® # 40626289

Investment For Sale In Old University, Guelph, Ontario

$7,750,000

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220 Gordon Street, Guelph, ON - Outdoor With Facade

220 Gordon Street, Guelph, ON - Outdoor With Exterior

220 Gordon Street, Guelph, ON - Indoor Photo Showing Other Room

220 Gordon Street, Guelph, ON - Indoor Photo Showing Kitchen

220 Gordon Street, Guelph, ON - Indoor Photo Showing Bathroom

220 Gordon Street, Guelph, ON - Indoor Photo Showing Kitchen With Double Sink

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220 Gordon Street, Guelph, ON, N1G 1X3

$7,750,000

Property Information:

****Prime Multi-Family Property with a Historic Charm in Guelph in the old university area withAttractive low-cost 10-year assumable mortgage of $5.1 million****. This exceptional Multi-Familyproperty portfolio embodies the best of all worlds with a blend of history and modern conveniences,these properties at 220 Gordon Street, 9 James Street, and 11 James Street East are sold under one title,offering a total of 21 units! Including 8 two-bedroom, 8 one-bedroom, 4 three-bedroom, and 1 studioapartment. Ample parking with 21 outdoor spaces and 3 garages there will never be a shortage ofparking. Imagine living just a short stroll from the university of Guelph, a vibrant downtown area with adiverse selection of restaurants, and the picturesque Royal City Park. Tenants love these properties forexactly that, a 10-minute walk takes you to the university while Guelph transit is at your doorstepmaking it a prime spot for students , faculty & professionals alike. Historically, these properties havenever had an issue leasing with their prime location driving strong rental demand. Thirteen units haverecently undergone stylish renovations. Currently the properties have gross annual income of $426,477with significant upside available upon tenant turnover. With available assumable mortgage theseproperties promise strong sustainable income with significant exposure to continued market valuegrowth in the desirable Guelph market. Calling all Multi-Family investors please contact us today to findout details about the very low rate 10 year assumable mortgage & Proforma to see first hand thepotential of this investment. This unique offering provides unmatched returns and growth for generations to come.

Inclusions: Hot Water Tank Owned,2 Hot Water Heaters, 1 Water Softener , 1 Boiler System, 21 Stoves, 21 Fridges

Exclusions : Tenant Belongings

Building Features:

Floor Space: 9382 Square Feet

Property Features:

Bedrooms: 37
Acres Range:
Basement: Separate Entrance, Crawl Space, Unfinished
Construction Materials: Stone
Cooling: Wall Unit(s)
Driveway Parking: Outside/Surface/Open
Exterior Features: Balcony, Landscaped, Lighting, Separate Hydro Meters
Floor Space (approx): 9382 Square Feet
Heating: Natural Gas, Radiator
Interior Features: Separate Hydro Meters
Laundry Features: None
Lot Depth: 136.12 Feet
Lot Features: Rectangular, Dog Park, City Lot, Near Golf Course, Highway Access, Hospital, Library, Park, Public Transit, Regional Mall, School Bus Route, Schools, Shopping Nearby, Trails
Lot Frontage: 160.00 Feet
Parking Features: Detached Garage, Asphalt
Roof: Shingle
Water Source: Municipal
Zoning: R.1B
Sewer: Sewer (Municipal)
No. of Parking Spaces: 24

Courtesy of: KELLER WILLIAMS INNOVATION REALTY

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
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

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Market Price Trends

Location of 220 Gordon Street, Guelph, ON, N1G 1X3

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

50/100

Moderate

ClimateCheck®

Current data

This property, 220 Gordon Street , experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past

30.6℃

2050

34.2℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 220 Gordon Street , experiences 11 significant 2-day storms per year, with about 316.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 390.5mm of precipitation per year.

Precipitation Per Storm

Past

316.5mm

2050

390.5mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 220 Gordon Street, Guelph, ON, N1G 1X3

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$183,362.39

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.28 %

High school certificate or equivalent

26.81 %

Apprenticeship trade certificate/diploma

1.12 %

College/non-university certificate

16.07 %

University certificate (below bachelor)

0.93 %

University Degree

49.79 %

Commuter

Travel To Work

By Car

76.79 %

By Public Transit

3.5 %

By Walking

10.55 %

By Bicycle

4.32 %

By Other Methods

4.84 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

24.95 %

Houses

75.05 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 220 Gordon Street, Guelph, ON, N1G 1X3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 220 Gordon Street, Guelph, ON, N1G 1X3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

220 Gordon Street, Guelph, ON, N1G 1X3

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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