299 EDINBURGH RD S Road, Guelph, Ontario
$1,365,000
- 5 Beds
- 3 Baths
- 2,458 Square Feet
Welcome to an exceptional investment opportunity in the heart of Guelph, Old University, nestled on one of the city's most desirable streets. This property’s prime location is close to downtown, shopping, dining and walking distance to the University, making it a good investment . For parents seeking secure and comfortable accommodation for their child’s post-secondary education, this property is the perfect choice. It not only provides a safe living environment but also is as a robust investment opportunity. Located along a development corridor, the property(89’x235’) aligns with official plan objectives for infill development. With minimal modifications, it has the potential to generate between $8,000 to $9,000 per month in revenue. Investors will find ample opportunities here to expand their portfolio. The large backyard is perfect for additional residential dwelling units (ARDUs), a duplex, triplex, or even a multi-unit building(refer to attachments for more details). The main floor of the house features spacious rooms with abundant natural light. Hardwood floors grace the bedrooms, and the living and dining areas, currently carpeted, conceal hardwood floors underneath. An updated full bathroom adds modern comfort to the classic charm of the home. The lower level offers a Legal 2 bedroom basement apartment(attached letter) and a separate recreation area. This configuration not only provides additional living space but also offers significant income potential. The property includes an owned hot water tank and water softener, central air humidifier, water filtration system and exterior sensor lights. The expansive driveway holds 6 vehicles and easy street access. The beautifully landscaped backyard is complete with a gazebo, swing set, and vegetable garden. It's a perfect space for children & pets to play and for hosting family and friends. Schedule your private showing and discover the remarkable potential this home has to offer. Open house over the weekend! (id:23309)
- Listing ID: 40605818
- Property Type: Single Family
- Year Built: 1954
Schedule a Tour
Talk to a Home Lifestyle Matchmaker
Use our neighbourhood guide to score the perfect match between your lifestyle and home. When ready to buy, we will put you in touch with a REALTOR® who specializes in Guelph.
This property for sale, located at 299 EDINBURGH RD S Road in Guelph, was last modified on July 7th, 2024. Let us connect you with one of our real estate agents to schedule a viewing or to find other properties for sale in Guelph.
Listing provided by Coldwell Banker Neumann Real Estate Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.
Helping You Unlock Your Future
Discover Guelph and make our community your next home. To learn more about purchasing real estate in Guelph let us put you in touch with a REALTOR® that specializes in Guelph.
Request More Information
Want more information or schedule a showing? Let us put you in touch with one of our agents who specializes in .