$899,900 FOR SALE
Detached
Bedrooms: 4+2Bathrooms: 2Lot: 30 x 100 ft
145 Arthur Street N
Guelph, ON
N1E 4V4
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 expenses—far cheaper than renting in this desirable area—and 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. (id:47423)
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| Listed By | RE/MAX Real Estate Centre Inc Brokerage |
|---|---|
| Data Provided By | OnePoint - Guelph |
| MLS® Listing Number | 40643307 |
| Last Updated | Oct 11, 2024 |
Property Summary
| Property Type |
Detached
More like this: |
|---|---|
| Subdivision | 4 - St. George's |
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
| Bedrooms | 4+2 |
|---|---|
| Bathrooms | 2 |
| Lot | 30 x 100 ft |
| Amenities Nearby | Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | School Bus |
| Equipment | None |
| Features | Paved driveway, Shared Driveway |
| Listing Contract Date | 2024-09-06 |
| Location Description | Eramosa Rd |
| Ownership Type | Freehold |
| # of Parking Spaces | 3 |
| Property Type | Single Family |
| Rental Equipment | None |
| Transaction Type | For sale |
| Views | River view |
| Zoning Description | R.1B |
Building
| Appliances | Dishwasher, Water softener |
|---|---|
| Basement Development | Finished |
| Basement Type | Full (Finished) |
| Constructed Date | 1930 |
| Construction Style (Attachment) | Detached |
| Cooling Type | None |
| Exterior Finish | Brick, Stone |
| Foundation Type | Stone |
| Heating Fuel | Natural gas |
| Heating Type | Forced air |
| Stories Total | 2.5 |
| Type | House |
| Utility Water | Municipal water |
Rooms
| Room | Level | Dimensions | Notes |
|---|---|---|---|
| 5pc Bathroom | Second level | Measurements not available | |
| Bedroom | Second level | 11'6'' x 9'5'' | |
| Bedroom | Second level | 13'4'' x 10'0'' | |
| Bedroom | Second level | 13'7'' x 10'0'' | |
| Kitchen | Second level | 11'6'' x 9'10'' | |
| Loft | Third level | 22'10'' x 12'7'' | |
| 5pc Bathroom | Basement | Measurements not available | |
| Bedroom | Basement | 10'11'' x 9'2'' | |
| Bedroom | Basement | 12'1'' x 11'7'' | |
| Bedroom | Main level | 13'0'' x 10'6'' | |
| Living room | Main level | 13'3'' x 13'1'' | |
| Kitchen | Main level | 11'1'' x 10'10'' |
Land
| Total Size | under 1/2 acre |
|---|---|
| Amenities | Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal sewage system |
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