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150-152 Waterloo Avenue Guelph, Ontario N1H 3J1

4 Bedroom 4 Bathroom 2360
Bungalow Central Air Conditioning Forced Air

$849,900

Located walking distance to Downtown Guelph with bus stop right up front. 64 feet of frontage these two fully rented Semi detached homes are being SOLD together. They are ideal for a small builder or young investor who wants to buy/hold onto a solid cash flow investment as residential zoning Bylaws come into fruition. With the large frontage this investment has all the attributes for a nifty 'infill' development of 2 detached or semi detached homes (triplexes) . The lots are quite deep (107 feet) so coach homes in the backyards of both new homes seems a likely option to explore. The buyer may consider living in one half and rent the other. This a great opportunity for someone with vision and a general understanding of how fast the downtown of Guelph will be growing and developing and the profound need for rental income 'infill' development. Net rent just over ~$4100 per month. (landlord pays for heating and water heater rental & gross rent is ~ $4300) (id:46857)

Property Details

MLS® Number 40370970
Property Type Single Family
Amenities Near By Public Transit, Schools, Shopping
Community Features School Bus
Equipment Type Water Heater
Features Paved Driveway
Parking Space Total 5
Rental Equipment Type Water Heater
Structure Shed

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Total 4
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
Architectural Style Bungalow
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1880
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding
Foundation Type Block
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 2360
Type House
Utility Water Municipal Water

Parking

None

Land

Acreage No
Land Amenities Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 107 Ft
Size Frontage 63 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1b

Rooms

Level Type Dimensions
Main Level Kitchen 12'10'' x 6'9''
Main Level 3pc Bathroom 9'8'' x 5'5''
Main Level Bedroom 18'10'' x 9'8''
Main Level 3pc Bathroom 5'2'' x 6'6''
Main Level 3pc Bathroom 5'2'' x 6'6''
Main Level 2pc Bathroom 9'10'' x 5'5''
Main Level Bonus Room 15'6'' x 11'6''
Main Level Kitchen 14'12'' x 5'9''
Main Level Dining Room 14'11'' x 11'10''
Main Level Bedroom 12'9'' x 9'0''
Main Level Bedroom 13'7'' x 7'6''
Main Level Bedroom 16'11'' x 7'10''
Main Level Living Room 12'6'' x 18'8''
Main Level Mud Room 7'7'' x 10'2''

https://www.realtor.ca/real-estate/25238619/150-152-waterloo-avenue-guelph

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