351 Gordon Street is a legal lodging house for 20 lodgers located across from the University of Guelph Campus on a 70×200 foot lot. This red brick 2 and a half story offers 5,995 square feet of finished space on 4 floors and boasts spacious rooms from 105 to 350 square feet.

There is one Bachelor unit with it’s own kitchen & bathroom and 15 additional rooms, 4 of which can be used as double rooms. There are 6 full bathrooms, a large kitchen with all appliances and plenty of storage for each tenant, a spacious TV room, laundry with 2 washers & 2 dryers.

New Buderus Boiler in December 2011, new toilets & sinks in all bathrooms in 2012, new water softener in 2014, new 6 foot privacy fence around complete back-yard in 2014, new parking lot in 2014, attic re-insulated in 2014 with 4″ urethane foam & R50 cellulose.

The roof was re-shingled in 2002 with 25 year shingles. Given the location, size of the rooms and condition, this building provides a solid return on investment now and the new owner can capitalize on the future potential!