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Home ON Greater Guelph Guelph Two Rivers
142 YORK Road Unit# 15
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142 YORK Road Unit# 15 $599,999
3 days ago
$599,999
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142 YORK Road Unit# 15
Guelph, Ontario N1E3E9

MLS® Number: 40723884
4
Bedrooms
2
Bathrooms
1140
Square Feet

Listing Description

Welcome to 15-142 York Rd, Guelph, an exceptional opportunity to own an affordable, turn-key 4-bedroom student rental with the potential for a 5th bedroom in a prime location! This well-maintained townhouse is an ideal choice for investors or parents seeking a secure and convenient living arrangement for their University of Guelph students. The home features a functional and efficient layout. The main floor offers a cozy living area, a well-appointed kitchen with ample cabinet space and a dining area. Upstairs, the second and third floors each host 2 identical bedrooms and a 4-piece bathroom with a shower/tub combo. The second-floor bedrooms enjoy access to a private balcony. The unfinished basement presents an exciting opportunity with 2 large egress windows, allowing for the potential of a fifth bedroom. This additional space could significantly increase rental income, making it an even more attractive investment. The property is situated in a well-managed complex with plenty of visitor parking, ensuring convenience for tenants and guests. This location is highly sought after by students, with easy access to the University of Guelph, downtown, public transit and local amenities. Rental demand in the area is strong, with students typically paying $1,000 per room, this property offers a lucrative investment, generating $4,000+ per month in rental income or over $5,000 with a 5th bedroom. With its functional layout, excellent location and the opportunity for expansion, this property is a rare find. Whether you're an investor looking for a high-demand rental or a parent securing housing for a student while building equity, this is an opportunity not to be missed! (68969445)

Location Description

Neeve St

Property Summary

Property Type
Single Family
Building Type
Row / Townhouse
Storeys
3
Square Footage
1140 sqft
Subdivision Name
5 - St. Patrick's Ward
Title
Condominium
Land Size
Unknown
Built in
2003
Annual Property Taxes
$3,299.10
Parking Type
Visitor Parking
Time on REALTOR.ca
3 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
2
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Type
Full (Unfinished)
Building Features
Features
Balcony, Paved driveway, Shared Driveway
Foundation Type
Poured Concrete
Style
Attached
Architecture Style
3 Level
Rental Equipment
Rental Water Softener, Water Heater
Total Units
0
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
Community Centre, School Bus
Amenities Nearby
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Maintenance or Condo Information
Maintenance Fees
$352.31 Monthly
Maintenance Fees Include
Insurance, Landscaping, Property Management, Parking
Parking
Parking Type
Visitor Parking
Total Parking Spaces
1

Measurements

Square Footage
1140 sqft
Above Grade Finished
1140 sqft
Source: Other

Rooms

MetricImperial
Main level
Kitchen
Dining room
Living room
Second level
4pc Bathroom
Bedroom
Bedroom
Third level
4pc Bathroom
Bedroom
Bedroom

Land

Other Property Information
Zoning Description
R.3A-20
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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