70-72 Waterloo Avenue, Guelph, ON N1H 3H5, Guelph, ON
Bed 18
Bath 8
$216,720 Gross Income (Actual) & $39,000 Income Growth on turnover (Projected)! 20 room 4 Plex!!! 5% CAP RATE! Welcome to an 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 rooms 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. 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.
Property Highlights
For Sale
MLS NO.
X8362502
Type
Residential Freehold
Sub Type
Fourplex
Bedrooms
18
Bathrooms
8
Parking
7.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Fourplex
Transaction Type
For Sale
Status
Expired
Contract Status
Unavailable
MLS® Number
X8362502
Total Bedrooms
18
Bedrooms Above Grade
9
Bedrooms Below Grade
9
Total Bathrooms
8
Total Kitchens
4
Kitchens Above Grade
4
Rooms Above Grade
35
Rooms Below Grade
9
Interior Features
Other
Fireplace
No
Construction
Brick
Roof
Asphalt Shingle
Lot Width
63.78
Parking Features
Private
Parking Total
7.0
Covered Spaces
0.0
Garage Type
None
Pool
None
Direction Facing
East
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
No
Full Address
70-72 Waterloo Avenue, Guelph, ON N1H 3H5
City
Guelph
Neighbourhood
Downtown
County / Region
Wellington
Province / State
ON
Postal Code
N1H 3H5
Cross Street
Glasgow St S
Country
CA
List Price
$3,279,000
Annual Taxes
$12,118
Tax Year
2023
Legal Description
PT LOT 390, PLAN 8 , AS IN RO769609 SAVE AND EXCEPT T/W THEREIN ; GUELPH
Possession Details
flexible
Listing Office
KELLER WILLIAMS INNOVATION REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2024-05-22T19:49:59Z
Media Updated
2024-05-29T19:39:31Z
Photos Updated
2024-05-29T19:39:30Z
Last Modified
2024-09-01T05:16:47Z
System Modified
2025-10-11T13:45:43.93954Z
MLS Status
Expired
Architectural Style
2-Storey
Basement
Finished, Full
Ddfyn
Yes
Expiration Date
2024-08-31
Foundation Details
Unknown
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
No
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
712820038
Parking Spaces
7
Property Features
Arts Centre, Hospital, Library, Public Transit, Rec./Commun.Centre, School
Public Remarks
$216,720 Gross Income (Actual) & $39,000 Income Growth on turnover (Projected)! 20 room 4 Plex!!! 5% CAP RATE! Welcome to an 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 rooms 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. 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.
