Property Description

SOLD!

Attention investors & Handymen! This is the only 5-Bedroom home on the market under $1,000,000! Great investment potential with 5 large bedrooms upstairs that would demand premium rents of $750 + utilities per room. Amazing opportunity to own the lowest price/sqft home in the entire downtown area!

This is a solid 3-storey, red brick home with fantastic bones. All of the mechanicals, windows, roof etc. have been recently updated and you can build an enormous amount of equity in this home by simply adding your cosmetic updates. Spend $100,000 in renovations and this home will have immediately increased by $300,000! This home is one of the only true 3-storey homes that offer a full height 3rd floor!

The living room features solid hardwood floors, fireplace & a huge window. Spacious dining room featuring high baseboards & crown moulding. The kitchen features plenty of cupboard/counter space & 2 large windows overlooking the yard. It also offers a butler’s pantry for additional storage & prep space. You can access the upper floor from the kitchen or foyer using the adjoining staircase.

Upstairs are 3 spacious bedrooms with hardwood floors, large windows, high baseboards & closet space. There is a 4pc bathroom with modern vanity & shower/tub. On the third level you’ll find 2 additional bedrooms. One of the bedrooms has a 3pc ensuite while the other has a large walk-in closet.

Another unique feature of this home is it has a full basement with 8ft ceilings & a separate back entrance. Currently the basement is unfinished but offers a workshop, 3pc bathroom, laundry & plenty of storage. Tons of potential to add additional living space or potential to earn additional income by adding a basement apartment! With a basement apartment, you would be able to receive monthly rents in excess of $5,550/month + utilities!

Amazing location just steps to downtown Guelph offering delicious restaurants, entertainment, nightclubs, boutique shops, GO Station & much more! On the weekends you can browse the Farmers’ Market or catch a show at the Book Shelf or River Run Centre! Or relax in your private backyard offering a Tiki bar, the perfect place to unwind after a long day! 

Take a Tour

About The Neighbourhood

The Lifestyle

Commuter Approved

Hipster

Investment Potential

Downtown Guelph is a trendy, lively neighbourhood with a relaxed and laid-back atmosphere. The area is filled with popular retailers and restaurants, and the community has a thriving nightlife that’s fueled by the student population and young adults living in the area. In the winter months, residents gather around the ice rink at city hall to enjoy a bite to eat and an invigorating skate.

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Property Location

This property is no longer available.

But we can help you find something similar. Reach out to our team of experts to get started.

Brad Wylde

Team Leader

Cell: 226-770-4078

Email: brad@gowylde.ca

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