83 KING STREET, Guelph (st. George's), Ontario, N1E4P5
Real Estate Brokers / Senior Real Estate Specialist
BALL Real Estate Inc., Brokerage - Lakefield
Cell: 705-772-6683
Tel: 705-651-2255(Ball)
$3,299,900 - For sale
RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 self-contained rental units on 1-acre lot making it a prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning income. W/ability to generate gross rents over $15,000/mth, vacant poss avail for setting market rents, W/strong potential to add 4-5 units at rear of property. 3D survey & prelim architectural plans have been completed & reviewed at City Hall W/positive feedback. Current application submitted for 5 units (in line W/CMHC priorities) though could be adapted to 4 if desired. This groundwork provides buyers W/confidence in immediate returns & future upside. Each unit blends historic character W/modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. GR W/crown moulding & bay window. Kitchen W/lots of cabinetry & centre island. Formal DR & sep FR for entertaining. Primary bdrm W/skylights & wall of closets. Garden doors open to deck. Renovated 3pc ensuite W/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to fin bsmt W/its own entrance, office W/exposed stone walls, wine cellar, full kitchen & flex living space-ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/fireplace & crown moulding. DR with B/I display nook & kitchen W/sleek cabinetry, S/S appliances, access to washer/dryer & side ent. Both bathrooms have W/I glass showers. Units 3 & 4: 2-bdrm 1-bath has charm W/modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen W/in-suite laundry. Unit 4: open-concept layout & fireplace in primary bdrm. Both have 3pc bath with W/I glass showers. Unit 5: 1-bdrm 1-bath W/open-concept living & dining, kitchen with S/S appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from downtown & walkable to shops, dining, transit &parks (id:2471)
Location DescriptionEramosa Rd
- Property Address:83 KING STREET, Guelph (st. George's), Ontario, N1E4P5
- Property Type:Multi-family
- Community Name:St. George's
- Lot Size:38.3 x 250 FT|1/2 - 1.99 acres
- Sewage Type:Sanitary sewer
- Water Type:Municipal water
- Driveway:No Garage
- Parking Space Total:11
- Structure Style:Other
- Bedrooms:10
- Bathrooms:7
- Floor Space:5000 - 100000 sqft
- Heating Type:Other
- Storeys:2
- Basement Type:N/A (Finished), N/A
- Foundation Type:Stone
- Cooling Type:Wall unit
- Appliances Included:Water softener, All, Furniture
- Exterior Type:Brick, Stucco
- Amenities Nearby:Hospital, Park, Public Transit, Schools
Real Estate Brokers / Senior Real Estate Specialist
BALL Real Estate Inc., Brokerage - Lakefield
Cell: 705-772-6683
Tel: 705-651-2255(Ball)
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
83 KING STREET, Guelph (st. George's), Ontario, N1E4P5
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