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70-72 Waterloo Ave

Waterloo Ave, Guelph Downtown, Guelph, ON, N1H 3H5

-
Beds
-
Baths
7,187
Sq. Ft.
$3,555,000
List Price
Details
Photos
38
Comparables
History
70-72 Waterloo Ave, Guelph, ON - 1 of 3
70-72 Waterloo Ave, Guelph, ON - 2 of 3
70-72 Waterloo Ave, Guelph, ON - 3 of 3
64 days on market

Quick Summary

  • Prime location near University of Guelph and downtown
  • Recent full renovations with modern comforts
  • Rare 4-plex with 20 rooms and 8 bathrooms
  • Guaranteed returns and upside potential
  • Spacious and comfortable rooms
  • Enhanced energy efficiency
  • Laundry income opportunity
  • Ideal for student living

$216,120 Gross Income !. Welcome to an extraordinary investment opportunity in the heart of Guelph! This income property guarantees unmatched returns and boasts a rare 4-plex featuring a total of 20 rooms and 8 bathrooms. With written leases in place, the property not only generates incrediable income but also presents further upside... Show More

$216,120 Gross Income !. Welcome to an extraordinary investment opportunity in the heart of Guelph! This income property guarantees unmatched returns and boasts a rare 4-plex featuring a total of 20 rooms and 8 bathrooms. With written leases in place, the property not only generates incrediable income but also presents further upside potential through tenant turnover and valuation. Situated in close proximity to Guelph's vibrant downtown, transit options, and the prestigious University of Guelph, this property is a prime choice for students seeking spacious and comfortable living accommodations. recent renovations in 2020 - including expansive kitchens, updated electrical systems, lighting, new furnaces, painting, flooring, interior doors, insulation in basement, landscaping and walkways. Enjoy modern comforts with the addition of central air units, while the 2021 upgrades to exterior doors and windows enhance energy efficiency and security. **** EXTRAS **** Projected Proforma for May 1st, 2024 ( 72A new lease May 1, 2024, 70A, 70B & 72B 2.5% rent increase will be given for May 1, 2024). Rental increases will be given early February 2024. 2 Washers 2 Dryers coin op on a Lease, $160 per month. (id:54626)

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Property Details

Size

7,187 sq. ft.
0 Beds
0 Baths

Parking

7 Parking Spaces
-

Heating & Cooling

Heating
-
Cooling
Fully air conditioned

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X8115652
Last Updated
April 3, 2024
Brokerage
KELLER WILLIAMS INNOVATION REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

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