Property Description
Welcome to 15-142 York Rd, Guelph, an exceptional opportunity to own an affordable, turn-key 4-bedroom student rental with the potential for a 5th bedroom in a prime location. This well-maintained townhouse is an ideal choice for investors or parents seeking a secure and convenient living arrangement for their University of Guelph students.
The home features a functional and efficient layout. The main floor offers a cosy living area, a well-appointed kitchen with ample cabinet space, and a dining area. Upstairs, the second and third floors each host two identical bedrooms and a four-piece bathroom with a shower/tub combo. The second-floor bedrooms enjoy access to a private balcony.
The unfinished basement presents an exciting opportunity with two large egress windows, allowing for the potential of a fifth bedroom. This additional space could significantly increase rental income, making it an even more attractive investment. The property is situated in a well-managed complex with plenty of visitor parking, ensuring convenience for tenants and guests.
This location is highly sought after by students, with easy access to the University of Guelph, downtown, public transit, and local amenities. Rental demand in the area is strong, with students typically paying $1,000 per room, this property offers a lucrative investment, generating $4,000+ per month in rental income, or over $5,000 with a 5th bedroom.
With its functional layout, excellent location, and the opportunity for expansion, this property is a rare find. Whether you’re an investor looking for a high-demand rental or a parent securing housing for a student while building equity, 15-142 York Rd is an opportunity not to be missed.
About The Neighbourhood
The Lifestyle
Commuter Approved
Hipster
Investment Potential
The St. Patrick’s Ward neighbourhood is a favourite among commuters who will love being close to local transit, GO Transit, and the VIA Rail. The neighbourhood has also experienced many recent community developments that have enticed many new residents to the area, including investors. The Eramosa River and Eramosa River Trail cut through this popular community, making St. Patrick’s Ward the perfect place to settle for people who prefer to be close to nature. The trail runs 2.3 km and is perfect for invigorating riverside activities or enjoying a relaxing walk through the neighbourhood.