Build Wealth, Build Equity, Build Your Future! This detached home, located minutes from the downtown core, features a completely self-contained rear unit that can turn your dreams into reality. Available for immediate occupancy, you can move into the front unit while the currently rented rear unit covers approximately $200,000 in mortgage payments. As the cost of living rises, so do property values and rental incomes. This not only builds equity but also provides a reliable source of income if you decide to rent out the property. Need to live with extended family? This could be the perfect option! Keep a close eye on your loved ones while maintaining your own self-contained space. Each unit has separate utility meters, furnaces, electrical panels, and laundry facilities—a landlord's dream! This property is one of the easiest to maintain on a monthly basis. The vacant front unit features a main floor bedroom, living room, dining area, and kitchen with stainless steel appliances. Upstairs, you'll find two more bedrooms and a full 4pc bath. The spacious two-bedroom rear unit is all on one floor and overlooks the sprawling backyard. Bring your imagination and transform this private backyard into your own oasis—there’s so much potential. Located in a historic neighborhood, just steps from downtown, this home is in an area undergoing major revitalization. It is also conveniently located down the street from Sacred Heart School, the only school in Guelph that offers the International Baccalaureate (IB) program from JK-8. This is just another reason why this neighborhood is so enriched. Upgrades include: roof, windows, siding, kitchen, bathrooms, flooring, and one furnace (all in 2015); 200 amp electrical (2021); and another furnace (December 2023). Bonus: There is year-round, overnight street parking available for yourself and your guests. (id:47423)
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.
Detailed Information
Bedrooms
5
Bathrooms
2
Lot
33 x 174 ft
Amenities Nearby
Hospital, Place of Worship, Playground, Public Transit, Schools, Shopping
Equipment
Water Heater
Features
Crushed stone driveway, Sump Pump
Listing Contract Date
2024-06-26
Location Description
Elizabeth St & Huron St
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Shed, Porch
Transaction Type
For sale
Zoning Description
R.1B-10
Building
Basement Development
Unfinished
Basement Type
Partial (Unfinished)
Constructed Date
1900
Cooling Type
None
Exterior Finish
Vinyl siding
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1.5
Type
Duplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Hospital, Place of Worship, Playground, Public Transit, Schools, Shopping
Fence Type
Partially fenced
Sewer
Municipal sewage system
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