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195 Neeve Street Guelph, Ontario N1E 5S4

6 Bedroom 2 Bathroom 1812
None Radiant Heat


195 Neeve St is a fantastic 6 bedroom duplex with a detached 2 car garage, situated in an up & coming neighbourhood with prime location! Conveniently located within walking distance to all the delicious restaurants, boutique shops, bakeries & nightlife downtown Guelph has to offer. Great opportunity for investors! Located in a fantastic neighbourhood that should experience above normal appreciation over the next 5 yrs! While appreciating in value, the owner will also benefit from the great cash flow this home generatesmarket rents would be over $3600 + utilities. Additional income could be generated by renting out the garage or converting it into a coach houseeffectively making the property a triplex. Alternatively, live in the main floor unit & have over $300,000 of your mortgage covered by upstairs tenants. GO Train station is conveniently located right down the street. Significant steps are underway to have 2 way, all-day service going into Toronto making this an ideal location for commuters. The main floor unit features a sizeable kitchen with plenty of cabinetry space & large window. Bright & airy living room featuring large window allowing plenty of natural light into the room. There are 3 good sized bedrooms with laminate floors & large windows. 4pc main bathroom with separate room for the toilet & shower/tub allowing multiple people to use the washroom at the same time. The upstairs unit offers spacious living room, updated kitchen, 3 bedrooms & 4pc bathroom. New laminate floors throughout the upstairs unit. Upper unit is currently rented for $1,800/mth with utilities included. Main floor unit is vacant giving you the option to live in the unit or rent it! There are 6 driveway parking spots plus an additional 2 parking spaces in the detached garage. The units are separately metered. The roof was redone in 2018. New water heater in 2017. Down the street from York Road Park, Hooper Street Park & the beautiful walking trails along Eramosa River! (id:46857)

Property Details

MLS® Number 40171040
Property Type Multi-family
Amenities Near By Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features School Bus
Equipment Type Other
Features Park/reserve, Paved Driveway
Parking Space Total 8
Rental Equipment Type Other


Bathroom Total 2
Bedrooms Total 6
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1890
Cooling Type None
Exterior Finish Stucco
Fire Protection None
Foundation Type Poured Concrete
Heating Type Radiant Heat
Stories Total 2
Size Interior 1812
Type Duplex
Utility Water Municipal Water


Detached Garage


Access Type Rail Access
Acreage No
Land Amenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 66 Ft
Size Total Text Under 1/2 Acre
Zoning Description R.1b-10


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