$ 899,900
145 Arthur ST N Guelph, ON N1E 4V4
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 899,900
Est. payment /mo
Active
145 Arthur ST N Guelph, ON N1E 4V4
4 Beds
2 Baths
UPDATED:
10/11/2024 02:13 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID X9306219
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $6,532
Tax Year 2024
Property Description
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.
Location
State ON
County Wellington
Area Central East
Rooms
Family Room No
Basement Finished, Full
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Accessory Apartment, On Demand Water Heater, Water Softener
Heating Yes
Cooling None
Fireplace No
Heat Source Gas
Exterior
Garage Mutual
Garage Spaces 3.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 3
Building
Unit Features Library,Park,Place Of Worship,Public Transit,River/Stream,School
Foundation Stone
Listed by RE/MAX REAL ESTATE CENTRE INC.