Welcome to a prime investment opportunity. This legal duplex in Guelph is strategically positioned with convenient access to a bus route and close proximity to a peaceful park. But that's not all – envision the potential to expand to four units, providing ample parking and the chance to increase density for greater profits. Both units in the existing duplex are above-grade and recently updated, featuring a new three-piece bathroom on the second floor and laundry units installed in 2022. The interior of the property was completely painted in 2022, with pot lights throughout, and boasts tile and hardwood floors, setting this property up for durability and success. The recent influx of students to the City of Guelph has created additional demand for multifamily and traditional student rentals. This surge has led to heightened competition for available rental units, making this duplex an even more attractive investment. Whether for owner occupancy or investment purposes, this opportunity shouldn't be missed. Secure your foothold in Guelph's thriving real estate market today. (id:36835)
MLS® Number | 40610510 |
Property Type | Single Family |
Neigbourhood | Guelph Junction |
EquipmentType | Water Heater |
Features | Paved Driveway |
ParkingSpaceTotal | 6 |
RentalEquipmentType | Water Heater |
BathroomTotal | 3 |
BedroomsAboveGround | 4 |
BedroomsBelowGround | 2 |
BedroomsTotal | 6 |
Appliances | Dryer, Refrigerator, Stove, Washer, Window Coverings |
ArchitecturalStyle | 2 Level |
BasementDevelopment | Finished |
BasementType | Full (finished) |
ConstructedDate | 1954 |
ConstructionStyleAttachment | Detached |
CoolingType | None |
ExteriorFinish | Aluminum Siding, Brick |
FoundationType | Poured Concrete |
HeatingFuel | Electric, Natural Gas |
HeatingType | Baseboard Heaters, Radiant Heat |
StoriesTotal | 2 |
SizeInterior | 2383 Sqft |
Type | House |
UtilityWater | Municipal Water |
None |
Acreage | No |
Sewer | Municipal Sewage System |
SizeDepth | 97 Ft |
SizeFrontage | 40 Ft |
SizeTotalText | Under 1/2 Acre |
ZoningDescription | R1b |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | Bedroom | 12'0'' x 8'3'' | ||
Second Level | Bedroom | 12'0'' x 8'3'' | ||
Second Level | 4pc Bathroom | Measurements not available | ||
Second Level | Kitchen | 12'0'' x 9'0'' | ||
Second Level | Living Room | 14'0'' x 13'6'' | ||
Basement | 4pc Bathroom | Measurements not available | ||
Basement | Bedroom | 11'6'' x 9'6'' | ||
Basement | Bedroom | 11'6'' x 9'6'' | ||
Basement | Recreation Room | 12'0'' x 12'0'' | ||
Main Level | Dining Room | 11'10'' x 7'0'' | ||
Main Level | 4pc Bathroom | Measurements not available | ||
Main Level | Bedroom | 12'8'' x 12'0'' | ||
Main Level | Bedroom | 14'7'' x 12'0'' | ||
Main Level | Kitchen | 11'10'' x 8'1'' |
https://www.realtor.ca/real-estate/27108997/218-edinburgh-road-n-guelph
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