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Royal LePage
Royal LePage
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$3,299,900

Guelph (St. George's) ON, N1E 4P5

MLS® # X12328667

Property Information:

RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 self-contained rental units on 1-acre lot making it a prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning income. W/ability to generate gross rents over $15,000/mth, vacant poss avail for setting market rents, W/strong potential to add 4-5 units at rear of property. 3D survey & prelim architectural plans have been completed & reviewed at City Hall W/positive feedback. Current application submitted for 5 units (in line W/CMHC priorities) though could be adapted to 4 if desired. This groundwork provides buyers W/confidence in immediate returns & future upside. Each unit blends historic character W/modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. GR W/crown moulding & bay window. Kitchen W/lots of cabinetry & centre island. Formal DR & sep FR for entertaining. Primary bdrm W/skylights & wall of closets. Garden doors open to deck. Renovated 3pc ensuite W/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to fin bsmt W/its own entrance, office W/exposed stone walls, wine cellar, full kitchen & flex living space-ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/fireplace & crown moulding. DR with B/I display nook & kitchen W/sleek cabinetry, S/S appliances, access to washer/dryer & side ent. Both bathrooms have W/I glass showers. Units 3 & 4: 2-bdrm 1-bath has charm W/modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen W/in-suite laundry. Unit 4: open-concept layout & fireplace in primary bdrm. Both have 3pc bath with W/I glass showers. Unit 5: 1-bdrm 1-bath W/open-concept living & dining, kitchen with S/S appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from downtown & walkable to shops, dining, transit &parks (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick, Stucco
  • Fireplace: Yes
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type: Stone
  • Heating Type: Other
  • Cooling Type: Wall unit
  • Appliances: Water softener, All

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 10
  • Bathrooms: 7
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Community Features: Community Centre
  • Features: Irregular lot size
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Depth: 250.0 Feet
  • Lot Frontage: 38.3 Feet
  • Lot Size: 38.3 x 250 FT
  • Zoning: R1B
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 11

REALTOR.ca  

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Location of 83 KING STREET, Guelph (St. George's), Ontario, N1E 4P5

Demographic Information of 83 KING STREET, Guelph (St. George's), Ontario, N1E 4P5

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$168,311.86

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.63 %

High school certificate or equivalent

16.54 %

Apprenticeship trade certificate/diploma

4.0 %

College/non-university certificate

19.39 %

University certificate (below bachelor)

2.66 %

University Degree

49.78 %

Commuter

Travel To Work

By Car

76.54 %

By Public Transit

1.77 %

By Walking

19.7 %

By Bicycle

0.08 %

By Other Methods

1.91 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.2 %

Houses

74.8 %

Own Vs. Rent

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