337 Gordon Street new

Guelph,ON N1G 1X7

$ 1399999

10 Beds

0 Bath

2696 SqFt


Key Details

Property Type Single Family Home

Sub Type Rooming House

Listing Status Active

Purchase Type For Sale

Square Footage 2,696 sqft

Price per Sqft $519

MLS Listing ID 40728206

Bedrooms 10

Abv Grd Liv Area 3,352

Year Built 1910

Annual Tax Amount $7,274

Property Sub-Type Rooming House

Source Waterloo Region

Property Description

Massive Student Rental Cash Flow Opportunity! This is it—the investment property you've been waiting for in Guelph's thriving student rental market - minutes from campus and with transit right outside, this legal, 10-unit lodging house is a goldmine for serious investors. Fully set up and ready to generate income, this property features: A 2-bedroom attic unit w/ full kitchen & 4 piece bathroom. This unit has has a french tub, abundance of natural light, & wall to wall closets. Main floor has two 2 large bedrooms, oversized eat in kitchen, 2 piece bathroom & Four bedrooms on the 2nd floor with another 4-piece bath, Basement suite with a 2 bedrooms unit with full kitchen & 4 piece bathroom. Each floor is complete with a common room for tenants & coin operated laundry in the basement. Fully furnished rooms – students can move right in! Lots of natural light & storage throughout well maintained and completely turnkey, this property offers strong income & growth for years to come ! The new owner has the opportunity to lease out the majority of the rooms at Market rent to ensure maximum income just in time for the upcoming school year.

Location

State ON

County Wellington

Area City Of Guelph

Zoning RL.1

Direction Located on Gordon St between University Ave and Dean Ave.

Rooms

Basement Separate Entrance,Walk-Out Access,Full,Finished

Kitchen 0

Interior

Heating Natural Gas,Radiator

Cooling None

Fireplace No

Appliance Water Softener,Dryer,Refrigerator,Stove,Washer

Laundry Coin Operated

Exterior

Parking Features Detached Garage,Asphalt

Garage Spaces 1.0

Roof Type Asphalt Shing

Porch Porch

Lot Frontage 41.0

Lot Depth 116.0

Garage Yes

Building

Lot Description Rectangular,Dog Park,City Lot,Near Golf Course,Highway Access,Library,Park,Place of Worship,Public Parking,Public Transit,Regional Mall,School Bus Route,Schools,Shopping Nearby,Trails

Faces Located on Gordon St between University Ave and Dean Ave.

Story 3

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 712410196

Ownership Freehold/None

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