218 EDINBURGH Road N, Guelph, Ontario

$929,999

6 Beds
3 Baths
2,383 Square Feet

Welcome to a prime investment opportunity. This legal duplex in Guelph is strategically positioned with convenient access to a bus route and close proximity to a peaceful park. But that's not all – envision the potential to expand to four units, providing ample parking and the chance to increase density for greater profits. Both units in the existing duplex are above-grade and recently updated, featuring a new three-piece bathroom on the second floor and laundry units installed in 2022. The interior of the property was completely painted in 2022, with pot lights throughout, and boasts tile and hardwood floors, setting this property up for durability and success. The recent influx of students to the City of Guelph has created additional demand for multifamily and traditional student rentals. This surge has led to heightened competition for available rental units, making this duplex an even more attractive investment. Whether for owner occupancy or investment purposes, this opportunity shouldn't be missed. Secure your foothold in Guelph's thriving real estate market today. (id:23309)

Listing ID: 40610510
Property Type: Single Family
Year Built: 1954

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Rooms

Level	Type	Dimensions
Bedroom	Second level	12'0'' x 8'3''
Bedroom	Second level	12'0'' x 8'3''
4pc Bathroom	Second level	Measurements not available
Kitchen	Second level	12'0'' x 9'0''
Living room	Second level	14'0'' x 13'6''
4pc Bathroom	Basement	Measurements not available
Bedroom	Basement	11'6'' x 9'6''
Bedroom	Basement	11'6'' x 9'6''
Recreation room	Basement	12'0'' x 12'0''
Dining room	Main level	11'10'' x 7'0''
4pc Bathroom	Main level	Measurements not available
Bedroom	Main level	12'8'' x 12'0''
Bedroom	Main level	14'7'' x 12'0''
Kitchen	Main level	11'10'' x 8'1''

Details

Architectural Style: 2 Level
Equipment: Water Heater
Features: Paved driveway
Ownership: Freehold
Parking Spaces: 6
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: R1B

Building

Appliances: Dryer, Refrigerator, Stove, Washer, Window Coverings
Architectural Style: 2 Level
BasementType: Full (Finished)
Basement Development: Finished
Bedrooms Main Level: 4
Bedrooms Lower Level: 2
Constructed Date: 1954
Construction Style Attachment: Detached
Cooling: None
Exterior Finish: Aluminum siding, Brick
Fireplace Present: False
Foundation: Poured Concrete
Bathrooms (Total): 3
Heating: Baseboard heaters, Radiant heat
Heating Fuel: Electric, Natural gas
Size Interior: 2383 sqft
Stories Total: 2
Type: House
Utility Water: Municipal water

Land

Sewer: Municipal sewage system
Size Frontage: 40 ft

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. This property, located at 218 EDINBURGH Road N in Guelph Ontario, was last modified on June 30th, 2024. Contact the AJ Collective to schedule a viewing or to find other properties for sale in Guelph.

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