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$ 599,900
Est. payment | /mo
4 Beds
2 Baths
$ 599,900
Est. payment | /mo
4 Beds
2 Baths
Key Details
Property Type Condo, Townhouse
Sub Type Condo Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1000-1199
Subdivision Two Rivers
MLS Listing ID X11989394
Style 3-Storey
Bedrooms 4
HOA Fees $352
Annual Tax Amount $3,299
Tax Year 2024
Property Sub-Type Condo Townhouse
Property Description
Welcome to 15-142 York Rd, Guelph, an exceptional opportunity to own an affordable, turn-key 4-bedroom student rental with the potential for a5th bedroom in a prime location! This well-maintained townhouse is an ideal choice for investors or parents seeking a secure and convenient living arrangement for their University of Guelph students. The home features a functional and efficient layout. The main floor offers a cozy living area, a well-appointed kitchen with ample cabinet space and a dining area. Upstairs, the second and third floors each host 2 identical bedrooms and a 4-piece bathroom with a shower/tub combo. The second-floor bedrooms enjoy access to a private balcony. The unfinished basement presents an exciting opportunity with 2 large egress windows, allowing for the potential of a fifth bedroom. This additional space could significantly increase rental income, making it an even more attractive investment. The property is situated in a well-managed complex with plenty of visitor parking, ensuring convenience for tenants and guests. This location is highly sought after by students, with easy access to the University of Guelph, downtown, public transit and local amenities. Rental demand in the area is strong, with students typically paying $1,000per room, this property offers a lucrative investment, generating $4,000+ per month in rental income or over $5,000 with a 5th bedroom. With its functional layout, excellent location and the opportunity for expansion, this property is a rare find. Whether you're an investor looking for ahigh-demand rental or a parent securing housing for a student while building equity, this is an opportunity not to be missed!
Location
Province ON
County Wellington
Community Two Rivers
Area Wellington
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 1
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Mutual
Roof Type Asphalt Shingle
Exposure East
Total Parking Spaces 1
Building
Story 1
Unit Features Library,Park,Place Of Worship,Public Transit,Rec./Commun.Centre,School
Foundation Poured Concrete
Locker None
Others
Pets Allowed Restricted
Listed by RE/MAX Real Estate Centre Inc