Attention investors! Cash cow producing over $950/month in positive net cash flow! This captivating 6-bedroom, red brick century home at 145 Arthur St N, featuring a renovated, vacant, legal accessory apartment, is a prime investment opportunity. With the main floor unit vacant, you have the flexibility to live in one unit and rent the other or rent both for maximum returns. Live in the main unit for less than $2,000/month in total expensesfar cheaper than renting in this desirable areaand build equity in an appreciating asset. Positioned in downtown Guelph, steps from restaurants, boutiques, the GO Station and major future developments, this property offers an ideal balance of immediate cash flow and long-term growth. The city of Guelph is investing over 300 million in the downtown Baker St development and the new Downtown Conestoga Campus is bringing an influx of 5,000 students to the downtown core. Rents and home values in this area are anticipated to skyrocket over the next 5 years. With updated kitchens, modern bathrooms and 3 adjacent parking spots, this property not only offsets most of your mortgage but will significantly increase your wealth as its value appreciates over the next 5 years! Don't miss this rare opportunity to invest in a property poised for exceptional returns.
Pt Lots 1,2 Plan 127, East Side Of Eramosa Road Be
Possession Date
Flexible
Taxes (2024)
$6,532.22
Assessment (2024)
$495,000
Directions/Cross Streets
Eramosa Rd
Neighbourhood
Central East
Area
Wellington
Price History
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Detailed Information
Fronting On
E
Link
N
Property Features
Library, Park, Place Of Worship, Public Transit, River/Stream, School
Special Designations
Unknown
Bedrooms
4+2
Bathrooms
2
Rooms
9+3
Kitchens
2
Lot
29.99 x 100 ft
Acreage
<.50
Approximate Square Footage
1500-2000
Approximate Age
51-99
Exterior
Brick, Stone
Air Conditioning
None
Family Room
N
Fireplace/Stove
N
Pool
None
Basement
Finished, Full
Drive
Mutual
Garage Spaces
0.0
Garage Type
None
Parking Spaces
3
Total Parking Spaces
3.0
Heat Source
Gas
Heat Type
Forced Air
Sewers
Sewers
Water
Municipal
UFFI
Yes
Zoning
R.1B
Seller Property Info Statement
N
Rooms
Room
Level
Dimensions
Notes
Kitchen
2nd
3.51 m x 3 m(11.52 ft x 9.84 ft)
Br
2nd
4.14 m x 3.05 m(13.58 ft x 10.01 ft)
2nd Br
2nd
4.06 m x 3.05 m(13.32 ft x 10.01 ft)
3rd Br
2nd
3.51 m x 2.87 m(11.52 ft x 9.42 ft)
Bathroom
2nd
5 Pc Bath
Loft
3rd
6.96 m x 3.84 m(22.83 ft x 12.6 ft)
Kitchen
Main
3.38 m x 3.3 m(11.09 ft x 10.83 ft)
Living
Main
4.04 m x 3.99 m(13.25 ft x 13.09 ft)
4th Br
Main
3.96 m x 3.2 m(12.99 ft x 10.5 ft)
5th Br
Bsmt
3.68 m x 3.53 m(12.07 ft x 11.58 ft)
Br
Bsmt
3.33 m x 2.79 m(10.93 ft x 9.15 ft)
Bathroom
Bsmt
5 Pc Bath
Bathrooms
Pieces
Level
5
2nd
3
Bsmt
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