$7,750,000
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220 Gordon Street, Guelph, ON N1G1X3

37 Beds
21 Baths
9,382 Sq Ft

Prime Multi-Family Property with a Historic Charm in Guelph in the old university area with Attractive low-cost 10-year assumable mortgage of $5.1 million. This exceptional Multi-Family property portfolio embodies the best of all worlds with a blend of history and modern conveniences, these properties at 220 Gordon Street, 9 James Street, and 11 James Street East are sold under one title, offering a total of 21 units! Including 8 two-bedroom, 8 one-bedroom, 4 three-bedroom, and 1 studio apartment. Ample parking with 21 outdoor spaces and 3 garages there will never be a shortage of parking. Imagine living just a short stroll from the university of Guelph, a vibrant downtown area with a diverse selection of restaurants, and the picturesque Royal City Park. Tenants love these properties for exactly that, a 10-minute walk takes you to the university while Guelph transit is at your doorstep making it a prime spot for students , faculty & professionals alike. Historically, these properties have never had an issue leasing with their prime location driving strong rental demand. Thirteen units have recently undergone stylish renovations. Currently the properties have gross annual income of $426, 477 with significant upside available upon tenant turnover. With available assumable mortgage these properties promise strong sustainable income with significant exposure to continued market value growth in the desirable Guelph market. Calling all Multi-Family investors please contact us today to find out details about the very low rate 10 year assumable mortgage & Proforma to see first hand the potential of this investment. This unique offering provides unmatched returns and growth for generations to come. (id:55598)

  • MLS® 40626289
  • Date Listed08/09/2024
  • Days on Realty 79 Days
  • Bedrooms 37
  • Bathrooms 21 baths
  • Lot Size -
  • Sewer Public Sewer
  • Property Type Other
  • Water Public
  • Square Feet 9,382 sq. ft
  • Price Per Sq. Ft $826.05

Interior Features

  • Appliances Water softener
  • Cooling Wall Unit
  • Heating Natural Gas

Exterior / Lot Features

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

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / N1G1X3

Source: Walkscore

86/100

Very Walkable

Walk Score ®

56/100

Good Transit

Transit Score ®

89/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

21 nearby routes: 19 bus, 2 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 41/100, Transit Score: 32/100, Bike Score: 52/100.

Points of interest near 220 GORDON Street, Guelph, ON N1G1X3

Frequently Asked Questions for 220 GORDON Street

Source: Realty.com

220 GORDON Street, Guelph, ON N1G1X3 is a Other, Residential Income property listed for $7,750,000 The property is 9382 sq. ft with 37 bedrooms and 21 bathrooms

Realty.com has 50 photos of 220 GORDON Street.

The full address for this home is 220 GORDON Street, Guelph, ON N1G1X3.

220 GORDON Street has been listed on Realty.com since Fri August 09, 2024

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 41/100, Transit Score: 32/100, 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 2024-10-27 13:47:05. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 220 GORDON Street, Guelph, ON N1G1X3 : MLS® 40626289