Map location of 70 72 WATERLOO Avenue, Guelph, ON N1H3H5
$3,279,000
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70 72 WATERLOO Avenue, Guelph, ON N1H3H5

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20 Beds
8 Baths
7,187 Sq Ft

$216, 720 Gross Income & $39, 000 income growth expected on tenant turnover! 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 bedrooms and 8 bathrooms. With written leases in place, the property not only generates incredible 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. The location offers easy access to amenities, making it an ideal spot for tenants. The property's charm is complemented by its 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. Each unit offers generously sized rooms, providing tenants with ample living space. Separate Hydro & Gas meters for all 4 units. The communal barbeque area and parking facilities further enhance the appeal of this investment property. With a waiting list of eager tenants, the demand for this property is undeniable. This property will provide unbeatable returns for many years to come. Ask us today for the full proforma and see for yourself the valuation potential with tenant turnover ! Don't miss out on this unique opportunity. (id:55598)

Listing By: Ryan Moore - KELLER WILLIAMS INNOVATION REALTY
Listing provided courtesy of Canadian Real Estate Association
  • MLS® 40593493
  • Date Listed05/22/2024
  • Days on Realty 89 Days
  • Bedrooms 20
  • Bathrooms 8 baths
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Quadruplex
  • Year Built 1890
  • Water Public
  • Square Feet 7,187 sq. ft
  • Price Per Sq. Ft $456.24

Interior Features

  • Appliances Water softener
  • Cooling Central Air Conditioning
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Guelph Collegiate and Vocational Institute

Public • 9 - 12

0.69 km

Distance

Centennial Collegiate and Vocational Institute

Public • 9 - 12

2.16 km

Distance

College Heights Secondary School

Public • 9 - 12

2.16 km

Distance

Our Lady of Lourdes Catholic School

Public • 9 - 12

1.91 km

Distance

John F. Ross Collegiate and Vocational Institute

Public • 9 - 12

2.3 km

Distance

St. James Catholic School

Public • 9 - 12

2.87 km

Distance

Wellington Centre for Continuing Education

Public • 9 - 12

5.28 km

Distance

Bishop Macdonell Catholic High School

Public • 9 - 12

7.4 km

Distance

Sales & Tax History

Source: Public Records

Walkability in ON / N1H3H5

Source: Walkscore

97/100

Walker's Paradise

Walk Score ®

57/100

Good Transit

Transit Score ®

87/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

22 nearby routes: 20 bus, 2 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 33/100, Bike Score: 52/100.

Points of interest near 70 72 WATERLOO Avenue, Guelph, ON N1H3H5

307 m

Distance

325 m

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Distance

374 m

Distance

Hanlon's, Guelph, ON, Canada

Professional Retail

242 m

Distance

418 m

Distance

255 m

Distance

402 m

Distance

98 m

Distance

358 m

Distance

395 m

Distance

124 m

Distance

368 m

Distance

377 m

Distance

Frequently Asked Questions for 70 72 WATERLOO Avenue

Source: Realty.com

70 72 WATERLOO Avenue, Guelph, ON N1H3H5 is a Quadruplex, Residential Income property listed for $3,279,000 The property is 7187 sq. ft with 20 bedrooms and 8 bathrooms

Realty.com has 50 photos of 70 72 WATERLOO Avenue.

Our records indicate that 70 72 WATERLOO Avenue was built in 1890.

The full address for this home is 70 72 WATERLOO Avenue, Guelph, ON N1H3H5.

70 72 WATERLOO Avenue has been listed on Realty.com since Wed May 22, 2024

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 33/100, Bike Score: 52/100.

Listing provided courtesy of: KELLER WILLIAMS INNOVATION REALTY (tel: (519) 570-4447)
Listing agent: Ryan Moore (tel: (519) 242-8854)

This content last refreshed on 2024-08-19 16:00:17. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 70 72 WATERLOO Avenue, Guelph, ON N1H3H5 : MLS® 40593493

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