$899,900
 $4,831 forsale estimated payment Sourced by Back At You

145 Arthur Street N , Guelph, ON N1E 4V4

Guelph, ON N1E 4V4

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Description

Attention investors! Cash cow producing over $950/month in positive net cash flow! This captivating 6-bedroom, red brick century home at 145 Arthur St N, featuring a renovated, vacant, legal accessory apartment, is a prime investment opportunity. With the main floor unit vacant, you have the flexibility to live in one unit and rent the other or rent both for maximum returns. Live in the main unit for less than $2,000/month in total expensesfar cheaper than renting in this desirable areaand build equity in an appreciating asset. Positioned in downtown Guelph, steps from restaurants, boutiques, the GO Station and major future developments, this property offers an ideal balance of immediate cash flow and long-term growth. The city of Guelph is investing over 300 million in the downtown Baker St development and the new Downtown Conestoga Campus is bringing an influx of 5,000 students to the downtown core. Rents and home values in this area are anticipated to skyrocket over the next 5 years. With updated kitchens, modern bathrooms and 3 adjacent parking spots, this property not only offsets most of your mortgage but will significantly increase your wealth as its value appreciates over the next 5 years! Don’t miss this rare opportunity to invest in a property poised for exceptional returns.

Details

Mls40660109
Listing TypeFor Sale
StyleAttachd
SubtypeResale
StatusActive
Year1930
Days On Site56
Listing Provided ByRE/MAX Real Estate Centre Inc Brokerage | Bradley Wylde

Features

Beds6
Baths2
Sq Feet1,584
BasementY
Storys2
Units2
ZoningR.1B
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

StateON
CountyWellington
CityGuelph
Zip CodeN1E 4V4
AreaCity of Guelph
Subarea4 St. George's
Community Name4 St. George's
Listing VS Median (in 4 St. George's)
Price:
$899,900
low | high
Med:
$899,900
50% of Average
SqFt:
1,584
low | high
Med:
1,584
50% of Average
$ / SqFt:
$568
low | high
Med:
$568
50% of Average
On Site:
56
low | high
Med:
88.000000
63.636363636364% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 5:20:11 PM PST