299 Edinburgh Rd S
Edinburgh Rd S, Old University, Guelph, ON, N1G 2K3
Quick Summary
Quick Summary
- Exceptional investment opportunity in prime location
- Ideal for student housing with income potential
- Spacious rooms with abundant natural light
- Legal 2 bedroom basement apartment for income
- Expansive driveway with 6 vehicle capacity
- Beautifully landscaped backyard with amenities
- Potential for additional residential dwelling units
- Hardwood floors in bedrooms, living and dining
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... Show More
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:54626)
Additional Media
View Additional Media
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
Storage
3′10″ x 21′8″
Utility room
18′9″ x 13′10″
2pc Bathroom
Bathroom
3pc Bathroom
Bathroom
Bedroom
12′3″ x 12′9″
Bedroom
13′1″ x 12′4″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby
- 2,500 - 3,000 Sq. Ft.
- 5
- 4
- 1,100 - 1,500 Sq. Ft.
- 3
- 2
- 1,100 - 1,500 Sq. Ft.
- 4
- 2
- 2,000 - 2,500 Sq. Ft.
- 5
- 2
- 2,000 - 2,500 Sq. Ft.
- 4
- 3
- 2,000 - 2,500 Sq. Ft.
- 4
- 2
- 3
- 2
- 1,500 - 2,000 Sq. Ft.
- 4
- 3
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.