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48 Alma Street S, Guelph, ON, N1H 5W7

MLS® # 40683932
House For Sale In Downtown, Guelph, Ontario
$774,900 QuickQuoteTM: $670K - $816K

4 Beds

2 Baths

48 Alma Street S, Guelph, ON - Outdoor
48 Alma Street S, Guelph, ON  - Outdoor
48 Alma Street S, Guelph, ON  - Indoor Photo Showing Living Room
48 Alma Street S, Guelph, ON  - Indoor Photo Showing Kitchen
48 Alma Street S, Guelph, ON  - Indoor Photo Showing Kitchen
48 Alma Street S, Guelph, ON - Indoor Photo Showing Bedroom

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48 Alma Street S, Guelph, ON, N1H 5W7
$774,900

4 Beds

2 Baths

Property Information:

Welcome to 48 Alma St S, a legal 2-unit property with the potential for a 3rd unit that offers an incredible investment opportunity in Guelph's sought-after Junction neighbourhood! Perfect for first-time buyers looking to break into the market, live in the beautifully renovated main floor unit while enjoying the benefit of having a significant portion of your mortgage covered. Alternatively, this property is an investor's dream, with the potential to convert into a 3-unit home that promises exceptional cash flow. The main floor unit has been completely renovated, featuring bright living and dining areas with laminate floors and oversized windows that fill the space with natural light. The modern eat-in kitchen boasts crisp white cabinetry, quartz countertops and lovely backsplash. 2 spacious bedrooms with hardwood floors and 4-piece bathroom with a tiled shower/tub complete the main floor. Sliding doors open to a private, tree-lined backyard, offering a peaceful outdoor retreat. The second unit, accessed by exterior stairs, is a self-contained space with its own kitchen, living room, 2 bedrooms and a full bathroom. There is a balcony providing private outdoor space! The unfinished basement is framed and pre-wired for a 2-bedroom apartment with a separate entrance and shared laundry. With minimal work, it could become a fully functional 3rd unit, dramatically boosting the property's rental income potential! Located steps from Fixed Gear Brewing Co. and a short walk to Howitt Park, the property is surrounded by local amenities. Its also just minutes from the Hanlon Parkway for easy access to Highway 401 and close to downtown Guelph, offering restaurants, boutique shops, nightlife and the GO Station. Whether you're looking to live in one unit and rent the others or create a fully income-generating triplex, this property is a rare chance to capitalize on a high-demand rental market!

Inclusions: Other,Fridge X 2, Stove X 2, Coin Washer & Dryer.

Exclusions : Tenants Belongings.

Building Features:

  • Floor Space: 1407 Square Feet

Property Features:

  • Bedrooms: 4
  • Bathrooms: 2+0
  • Acres Range: < 0.5
  • Architectural Style: 1.5 Storey
  • Basement: Full, Partially Finished
  • Construction Materials: Aluminum Siding
  • Cooling: None
  • Driveway Parking: Private Drive Double Wide
  • Floor Space (approx): 1407 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, In-Law Floorplan
  • Laundry Features: In-Suite
  • Lot Depth: 76 Feet
  • Lot Features: Urban, Rectangular, Highway Access, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 50.00 Feet
  • Parking Features: Asphalt
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: R1B
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Rooms:

  • Bedroom Main Level 2.74 X 2.74
  • Bathroom Main Level
  • Primary Bedroom Main Level 5.54 X 2.67
  • Kitchen Main Level 2.59 X 2.16
  • Living Main Level 5.33 X 3.23
  • Dining Main Level 4.44 X 2.29
  • Kitchen 2nd Level 2.39 X 1.83
  • Bedroom 2nd Level 5.49 X 2.57
  • Living 2nd Level 3.66 X 4.70
  • Bedroom 2nd Level 4.24 X 2.69
  • Bathroom 2nd Level

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

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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Location of 48 Alma Street S, Guelph, ON, N1H 5W7

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, 48 Alma Street S, 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
7
2050
33

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, 48 Alma Street S, experiences 11 significant 2-day storms per year, with about 315.9mm 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 390.4mm of precipitation per year.

Precipitation Per Storm

Past
315.9mm
2050
390.4mm

48-Hour Storms Per Year

Past
11
2050
14

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.

Demographic Information of 48 Alma Street S, Guelph, ON, N1H 5W7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$114,843.93

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.69 %

High school certificate or equivalent

25.43 %

Apprenticeship trade certificate/diploma

4.91 %

College/non-university certificate

19.18 %

University certificate (below bachelor)

0.54 %

University Degree

36.25 %

Commuter

Travel To Work

By Car

78.13 %

By Public Transit

5.95 %

By Walking

4.77 %

By Bicycle

5.72 %

By Other Methods

5.43 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

35.38 %

Houses

64.62 %

Own Vs. Rent