Property Information:

Attention investors! A turnkey investment opportunity comes with this fully rented home to add to your portfolio. Currently rented for $4,000/month + utilities (paid by tenants) with a lease in place until May '27, offering immediate and reliable returns. This is a fantastic opportunity to own a fully tenanted, income-generating property with strong cash flow. Excellent tenants in place have chosen to stay for another year. This well-maintained 3+1 bedroom, 1+1 full-bathroom townhome features a functional and spacious layout ideal for tenants. The main floor boasts a large eat-in kitchen with ample cabinetry, a separate dedicated dining area, and a bright, expansive living room with walkout access to a fully fenced private yard-perfect for outdoor enjoyment. Convenient main-floor laundry. Upstairs, you'll find three generously sized bedrooms and a 4-piece bathroom, providing comfortable living space for families or shared accommodations. The fully finished basement includes a large fourth bedroom, a 3-piece bathroom, and a utility room, maximizing rental potential. The private backyard overlooks green space and mature trees, offering peaceful views. There is also exclusive access to a community pool that provides a welcome retreat during warm summer days! Updates include: roof shingles '19, furnace '24, central air conditioning '22, water heater owned '24, and all flooring throughout all 3 levels. Bonus: The home is being sold fully furnished, making it a truly turnkey investment with minimal effort required. Don't miss this high-performing, hassle-free addition to your portfolio! Conveniently located near bus stops and quick access to Hanlon, the University of Guelph, and all the great amenities at Stone Rd Mall and the area. (id:27)

Building Features:

Style: Townhouse
Building Type: Row / Townhouse
Architectural Style: Multi-level
Basement Development: Finished
Basement Type: Full
Exterior Finish: Brick, Vinyl siding
Floor Space: 1200 - 1399 sqft
Flooring Type: Tile, Laminate
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances:

Property Features:

OwnershipType: Condominium/Strata
Property Type: Single Family
Bedrooms: 3+1
Bathrooms: 2
Community Features: Pets Allowed With Restrictions
Condo Fees: $286 Monthly
Features: In suite Laundry
Floor Space (approx): 1200 - 1399 Square Feet
MaintenanceFee Type: Insurance
Parking Type: Attached garage, Garage
No. of Parking Spaces: 3

Rooms:

Primary Bedroom 2nd Level 5.54 m x 3.33 m
2nd Bedroom 2nd Level 5.08 m x 2.74 m
3rd Bedroom 2nd Level 4.27 m x 2.54 m
Bathroom 2nd Level 2.13 m x 1.52 m
Utility Basement Level 1.93 m x 1.93 m
Bathroom Basement Level 2.44 m x 1.93 m
4th Bedroom Basement Level 5.79 m x 3.35 m
Kitchen Main Level 4.27 m x 3.05 m
Dining Main Level 2.74 m x 3.05 m
Living Main Level 5.28 m x 3.66 m
Laundry Main Level 1.83 m x 0.92 m

Convert Measurement to:

Courtesy of: RE/MAX Real Estate Centre Inc

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Demographic Information of 137 DOVERCLIFFE ROAD, Guelph (Dovercliffe Park/Old University), Ontario, N1G 3A5

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$109,730.34

Average Number of Children

1.75

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.33 %

High school certificate or equivalent

34.25 %

Apprenticeship trade certificate/diploma

5.39 %

College/non-university certificate

17.07 %

University certificate (below bachelor)

0.38 %

University Degree

26.59 %

Commuter

Travel To Work

By Car

88.97 %

By Public Transit

0.75 %

By Walking

0.0 %

By Bicycle

1.0 %

By Other Methods

9.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

14.05 %

Houses

85.95 %

137 DOVERCLIFFE ROAD, Guelph (Dovercliffe Park/Old University), Ontario, N1G 3A5