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220 Gordon St

Gordon StArboretumGuelphON, N1G 1X3

37
Beds
21
Baths
9,382
Sq. Ft.
$7,750,000
List Price
220 Gordon St, Guelph, ON - 1 of 3
220 Gordon St, Guelph, ON - 2 of 3
220 Gordon St, Guelph, ON - 3 of 3
97 days on market

Quick Summary

  • Prime multi-family property in historic Guelph
  • Attractive low-cost 10-year assumable mortgage
  • Total of 21 units across 3 properties
  • Ample parking with 21 outdoor spaces and 3 garages
  • Short walk to University of Guelph and downtown
  • Thirteen units recently underwent stylish renovations
  • Significant upside potential with tenant turnover
  • Strong sustainable income and market value growth

****Prime Multi-Family Property with a Historic Charm in Guelph in the old university area with Attractive low-cost 10-year assumable mortgage of $5.1 million****. This exceptional Multi-Family property portfolio embodies the best of all worlds with a blend of history and modern conveniences, these properties at 220 Gordon Street, 9 James... Show More

****Prime Multi-Family Property with a Historic Charm in Guelph in the old university area with Attractive low-cost 10-year assumable mortgage of $5.1 million****. This exceptional Multi-Family property portfolio embodies the best of all worlds with a blend of history and modern conveniences, these properties at 220 Gordon Street, 9 James Street, and 11 James Street East are sold under one title, offering a total of 21 units! Including 8 two-bedroom, 8 one-bedroom, 4 three-bedroom, and 1 studio apartment. Ample parking with 21 outdoor spaces and 3 garages there will never be a shortage of parking. Imagine living just a short stroll from the university of Guelph, a vibrant downtown area with a diverse selection of restaurants, and the picturesque Royal City Park. Tenants love these properties for exactly that, a 10-minute walk takes you to the university while Guelph transit is at your doorstep making it a prime spot for students , faculty & professionals alike. Historically, these properties have never had an issue leasing with their prime location driving strong rental demand. Thirteen units have recently undergone stylish renovations. Currently the properties have gross annual income of $426,477 with significant upside available upon tenant turnover. With available assumable mortgage these properties promise strong sustainable income with significant exposure to continued market value growth in the desirable Guelph market. Calling all Multi-Family investors please contact us today to find out details about the very low rate 10 year assumable mortgage & Proforma to see first hand the potential of this investment. This unique offering provides unmatched returns and growth for generations to come. (id:54626)

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Property Details

Size

9,382 sq. ft.
across 3 floors
37 Beds
21 Baths
21 Full

Parking

24 Parking Spaces
Detached Garage

Lot

Size
1920′0″ * 1632′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Unfinished
Exterior
Stone
Foundation
Stone
Builder Name
-
Stories
3
Flooring
-
Roof
-

Heating & Cooling

Heating
-
Cooling
Wall unit

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40626289
Last Updated
August 9, 2024
Brokerage
KELLER WILLIAMS INNOVATION REALTY
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Call us 800-591-0566

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