337 Gordon Street Guelph, Ontario N1G 1X7

10 Bedroom 3,352 ft2
None

$1,399,999

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. (id:61594)

Property Details

MLS® Number 40728206
Property Type Multi-family
Amenities Near By Golf Nearby, Park, Place Of Worship, Public Transit, Schools, Shopping
Community Features School Bus
Equipment Type Water Heater
Features Paved Driveway, Laundry- Coin Operated
Parking Space Total 5
Rental Equipment Type Water Heater
Structure Porch

Building

Bedrooms Total 10
Appliances Water Softener
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1910
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Stories Total 3
Size Interior 3,352 Ft2
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Highway Access
Acreage No
Land Amenities Golf Nearby, Park, Place Of Worship, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 116 Ft
Size Frontage 41 Ft
Size Total Text Under 1/2 Acre
Zoning Description Rl.1

https://www.realtor.ca/real-estate/28324772/337-gordon-street-guelph

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