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Home ON Greater Guelph Guelph Old University
337 GORDON Street
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337 GORDON Street $1,399,999
3 days ago
$1,399,999
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337 GORDON Street
Guelph, Ontario N1G1X7

MLS® Number: 40728206
10
Bedrooms
0
Bathrooms
3352
Square Feet

Listing Description

Massive Student Rental Cash Flow Opportunity! This is it—the investment property you’ve been waiting for in Guelph’s thriving student rental market - minutes from campus and with transit right outside, this legal, 10-unit lodging house is a goldmine for serious investors. Fully set up and ready to generate income, this property features: A 2-bedroom attic unit w/ full kitchen & 4 piece bathroom. This unit has has a french tub, abundance of natural light, & wall to wall closets. Main floor has two 2 large bedrooms, oversized eat in kitchen, 2 piece bathroom & Four bedrooms on the 2nd floor with another 4-piece bath, Basement suite with a 2 bedrooms unit with full kitchen & 4 piece bathroom. Each floor is complete with a common room for tenants & coin operated laundry in the basement. Fully furnished rooms – students can move right in! Lots of natural light & storage throughout well maintained and completely turnkey, this property offers strong income & growth for years to come ! The new owner has the opportunity to lease out the majority of the rooms at Market rent to ensure maximum income just in time for the upcoming school year. (69052978)

Location Description

Located on Gordon St between University Ave and Dean Ave.

Property Summary

Property Type
Multi-family
Storeys
3
Square Footage
3352 sqft
Subdivision Name
6 - Dovercliffe Park/Old University
Title
Freehold
Land Size
under 1/2 acre
Built in
1910
Annual Property Taxes
$7,274
Parking Type
Detached Garage
Time on REALTOR.ca
3 days

Building

Bathrooms
Total
0
Interior Features
Appliances Included
Water softener
Basement Type
Full (Finished)
Building Features
Features
Paved driveway, Laundry- Coin operated
Foundation Type
Stone
Rental Equipment
Water Heater
Structures
Porch
Total Units
4
Heating & Cooling
Cooling
None
Heating Type
(Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Golf Nearby, Park, Place of Worship, Public Transit, Schools, Shopping
Parking
Parking Type
Detached Garage
Total Parking Spaces
5

Measurements

Square Footage
3352 sqft
Above Grade Finished
2696 sqft
Source: Other
Below Grade Finished
656 sqft
Source: Other

Land

Lot Features
Frontage
41 ft
Land Depth
116 ft
Other Property Information
Access
Highway access
Zoning Description
RL.1
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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