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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$3,299,900
Available - For Sale
Listing ID: X12328667
RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 beautiful self-contained rental units on 1-acre lot-prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning passive income. W/ability to generate gross rents over $15,000/mth, vacant poss available for setting market rents & possibility to add another 45 units at rear of property; city permitting for 4 & 5 units is pending & funding application for the 5-unit is within the CMHC guidelines, this property combines immediate returns W/future upside. Each unit blends historic character W/modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. GR W/crown moulding & bay window. Kitchen W/lots of cabinetry & centre island. Formal DR & sep FR provide space for entertaining. Primary suite W/skylights & wall of closets. Garden doors open to deck overlooking mature trees. Renovated 3pc ensuite W/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to finished bsmt W/its own entrance, office W/exposed stone walls, wine cellar, full kitchen & flexible living space-ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/hardwood, fireplace & crown moulding. Formal DR with B/I display nook & kitchen W/sleek cabinetry, S/S appliances, access to washer/dryer & side entrance. Both bathrooms feature W/I glass showers. Units 3 & 4: 2-berm 1-bath blend charm W/modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen W/in-suite laundry. Unit 4: open-concept layout, white cabinetry & fireplace in primary bdrm. Both have 3pc bath with W/I glass showers. Unit 5: 1-bdrm 1-bath W/open-concept living & dining, kitchen with S/S appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from vibrant downtown this property is walkable to shops, dining, transit & parks
Price $3,299,900
Taxes: $15,570.38
Assessment Year: 2025
Occupancy by: Owner
Address: 83 King Stre , Guelph, N1E 4P5, Wellington
Acreage: .50-1.99
Directions/Cross Streets: Eramosa Rd
Rooms: 0
Bedrooms: 10
Bedrooms +: 0
Washrooms: 7
Family Room: F
Basement: Finished
Walk-Out
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Stucco (Plaster)
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 11
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 5000 +
Property Features: Hospital
Library
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Other
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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RE/MAX Real Estate Centre Inc

83 King Stre , Guelph, N1E 4P5, Wellington

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Multiplex
Area: Wellington
Municipality: Guelph
Neighbourhood: St. George's
Style: 2-Storey
Lot Size: x 250.00(Feet)
Approximate Age: 100+
Tax: $15,570.38
Maintenance Fee: $0
Beds: 10
Baths: 7
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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