484 Speedvale Avenue,Guelph, ON N1E 1P2
Guelph, ON N1E 1P2
Description
Don't miss this fantastic opportunity to own a legal duplex that offers incredible versatility and generates strong positive cash flow. Net income is over $4800 per month, situating this property at over 6.5% cap rate, making it an ideal addition to any investment portfolio! The main level boasts a spacious layout with 3 bedrooms and 1 full bathroom perfect for families or tenants. It also features a brand new washer and dryer unit for added convenience. The fully finished, legal basement has been newly renovated and offers incredible potential, featuring 2 spacious bedrooms and a versatile den that can easily be converted into a third bedroom or a home office, along with a full bathroom. It includes a brand new water tank, brand new appliances fridge, stove, washer, dryer, dishwasher, and microwave making it ideal for extended family, renters, or generating extra income. With a carport and 10 total parking spaces, this property is a rare gem. Conveniently located near schools, public transit, shopping, and parks, it's perfect for investors, multi-generational families, or anyone seeking flexibility and space in a thriving neighbourhood.
Details
| MLS # | X12177438 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 27 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | X12177438 519053 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 1,007 |
| Acreage | 0.02 |
Interior
| Cooling | Yes |
|---|
Taxes
| Property | 3814 |
|---|
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| Region | Wellington |
| City | Guelph |
| Postal Code | N1E 1P2 |
| Area | Riverside Park |
| Listing VS Median (in N1E 1P2) | |
Price: $850,000 low | high Med: $850,000 SqFt: 1,007 low | high Med: 1,007 $ / SqFt: $844 low | high Med: $844 On site: 27 low | high Med: 27.000000 | |