484 Speedvale Avenue, Guelph, ON N1E 1P2

Guelph N1E 1P2 Ontario

MLS: X12177438

$850,000

Added 2 days ago | For Sale

Listed by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

About Property

Don't miss this fantastic opportunity to own a legal duplex that offers incredible versatility and generates strong positive cash flow. Net income is over $4800 per month, situating this property at over 6.5% cap rate, making it an ideal addition to any investment portfolio! The main level boasts a spacious layout with 3 bedrooms and 1 full bathroom perfect for families or tenants. It also features a brand new washer and dryer unit for added convenience. The fully finished, legal basement has been newly renovated and offers incredible potential, featuring 2 spacious bedrooms and a versatile den that can easily be converted into a third bedroom or a home office, along with a full bathroom. It includes a brand new water tank, brand new appliances fridge, stove, washer, dryer, dishwasher, and microwave making it ideal for extended family, renters, or generating extra income. With a carport and 10 total parking spaces, this property is a rare gem. Conveniently located near schools, public transit, shopping, and parks, it's perfect for investors, multi-generational families, or anyone seeking flexibility and space in a thriving neighbourhood.

Features

  • House Style:Investment
  • Bathrooms:2
  • Land Size: 100 X 59
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Victoria St N / Speedvale Ave
  • Basement: ,
  • Possession Date:TBA
  • Annual Property taxes: $3814
  • Bedrooms:
  • Total Parking Spaces:9
  • Parking Places:9
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12177438

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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