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$899,900
Available - For Sale
Listing ID: X9306219
Attention investors! Cash cow producing over $950/month in positive net cash flow! This captivating 6-bedroom, red brick century home at 145 Arthur St N, featuring a renovated, vacant, legal accessory apartment, is a prime investment opportunity. With the main floor unit vacant, you have the flexibility to live in one unit and rent the other or rent both for maximum returns. Live in the main unit for less than $2,000/month in total expensesfar cheaper than renting in this desirable areaand build equity in an appreciating asset. Positioned in downtown Guelph, steps from restaurants, boutiques, the GO Station and major future developments, this property offers an ideal balance of immediate cash flow and long-term growth. The city of Guelph is investing over 300 million in the downtown Baker St development and the new Downtown Conestoga Campus is bringing an influx of 5,000 students to the downtown core. Rents and home values in this area are anticipated to skyrocket over the next 5 years. With updated kitchens, modern bathrooms and 3 adjacent parking spots, this property not only offsets most of your mortgage but will significantly increase your wealth as its value appreciates over the next 5 years! Don't miss this rare opportunity to invest in a property poised for exceptional returns.
Price $899,900
Taxes: $6,532.22
Assessment: $495000
Assessment Year: 2024
DOM 79
Occupancy by: Tenant
Address: 145 Arthur St North , Guelph, N1E 4V4, Ontario
Lot Size: 29.99 x 100 (Feet)
Acreage: < .50
Directions/Cross Streets: Eramosa Rd
Rooms: 9
Rooms +: 3
Bedrooms: 4
Bedrooms +: 2
Washrooms: 2
Kitchens: 2
Family Room: N
Basement: Finished
Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: 2nd Kitchen 11.51 9.84
Room 2: 2nd Br 13.58 10.00
Room 3: 2nd 2nd Br 13.32 10.00
Room 4: 2nd 3rd Br 11.51 9.41
Room 5: 3rd Loft 22.83 12.60
Room 6: Main Kitchen 11.09 10.82
Room 7: Main Living 13.25 13.09
Room 8: Main 4th Br 12.99 10.50
Room 9: Bsmt 5th Br 12.07 11.58
Room 10: Bsmt Br 10.92 9.15
No. of Pieces Level
Washroom 1 5 2nd
Washroom 2 3 Bsmt
Property Type: Detached
Style: 2 1/2 Storey
Exterior: Brick
Stone
Garage Type: None
(Parking/)Drive: Mutual
Drive Parking Spaces: 3
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Library
Park
Place Of Worship
Public Transit
River/Stream
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.

145 Arthur St North , Guelph, N1E 4V4, Ontario


 
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At a Glance:
Type: Freehold - Detached
Area: Wellington
Municipality: Guelph
Neighbourhood: Central East
Style: 2 1/2 Storey
Lot Size: 29.99 x 100.00(Feet)
Approximate Age: 51-99
Tax: $6,532.22
Maintenance Fee: $0
Beds: 4+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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