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$799,000
Available - For Sale
Listing ID: X12177438
Don't miss this fantastic opportunity to own a legal duplex that offers incredible versatility and generates strong positive cash flow. Net income is over $4800 per month, situating this property at over 6.5% cap rate, making it an ideal addition to any investment portfolio! The main level boasts a spacious layout with 3 bedrooms and 1 full bathroom perfect for families or tenants. It also features a brand new washer and dryer unit for added convenience. The fully finished, legal basement has been newly renovated and offers incredible potential, featuring 2 spacious bedrooms and a versatile den that can easily be converted into a third bedroom or a home office, along with a full bathroom. It includes a brand new water tank, brand new appliances fridge, stove, washer, dryer, dishwasher, and microwave making it ideal for extended family, renters, or generating extra income. With a carport and 10 total parking spaces, this property is a rare gem. Conveniently located near schools, public transit, shopping, and parks, it's perfect for investors, multi-generational families, or anyone seeking flexibility and space in a thriving neighbourhood.
Price $799,000
Taxes: $3,814
Tax Type: Annual
Occupancy by: Tenant
Address: 484 Speedvale Aven East , Guelph, N1E 1P2, Wellington
Postal Code: N1E 1P2
Province/State: Wellington
Legal Description: LOT 1, PT LOT 2, PLAN 471 , AS IN MS5133
Directions/Cross Streets: Victoria St N / Speedvale Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Building Percentage: T
Total Area: 1,007
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

484 Speedvale Aven East , Guelph, N1E 1P2, Wellington


 
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At a Glance:
Type: Com - Investment
Area: Wellington
Municipality: Guelph
Neighbourhood: Riverside Park
Style:
Lot Size: x 59.00(Feet)
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Tax: $3,814
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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