Property Information:

An excellent opportunity to add a fully occupied multi-residential property to your investment portfolio, 159 Glasgow Street North offers five tenanted units in a convenient central Guelph location. Just minutes from Downtown Guelph, the GO Station, parks, trails, shopping, restaurants, and everyday amenities, this property is well positioned in an area that continues to attract strong rental demand. The building is comprised of five residential units, including four 1-bedroom, 1-bathroom apartments and one bachelor suite. With all five units currently tenanted, investors can benefit from established rental income from day one, while maintaining the potential for future revenue growth as units turn over and rents transition toward current market rates. The central location adds to the property's long-term appeal, offering tenants convenient access to transit, commuter connections, downtown employment, entertainment, and recreation. Four private driveway parking spaces provide additional convenience, with nearby street parking also available. For investors looking to expand an existing portfolio or secure a multi-unit property in one of Guelph's established rental areas, 159 Glasgow Street North offers a compelling combination of location, existing tenancy, and long-term income potential. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Exterior Finish: Brick
Floor Space: 3000 - 3500 sqft
Foundation Type: Stone
Heating Type: Radiant heat
Heating Fuel: Natural gas
Cooling Type: None
Appliances:

Property Features:

Property Type: Multi-family
Bedrooms: 5
Bathrooms: 5
Floor Space (approx): 3000 - 3500 Square Feet
Irregular: Yes
Lot Depth: 100 Feet
Lot Frontage: 54 Feet
Lot Size: 54 x 100 FT
Zoning: RL.4.
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Rooms:

Bathroom 2nd Level 2.42 m x 0.88 m
Bathroom 2nd Level 1.51 m x 2.22 m
Bedroom 2nd Level 2.72 m x 3.35 m
Bedroom 2nd Level 3.42 m x 3.60 m
Bedroom 2nd Level 3.00 m x 5.95 m
Bedroom 2nd Level 3.82 m x 3.40 m
Dining 2nd Level 1.85 m x 3.35 m
Dining 2nd Level 3.84 m x 2.75 m
Kitchen 2nd Level 1.80 m x 1.51 m
Kitchen 2nd Level 1.75 m x 2.78 m
Kitchen 2nd Level 1.96 m x 2.86 m
Bedroom 2nd Level 5.22 m x 3.63 m
Bathroom Main Level 1.52 m x 2.08 m
Sun Room Main Level 2.15 m x 1.83 m
Bathroom Main Level 1.51 m x 2.18 m
Bedroom Main Level 2.89 m x 3.14 m
Bedroom Main Level 3.00 m x 2.86 m
Den Main Level 3.08 m x 4.37 m
Dining Main Level 3.04 m x 3.57 m
Kitchen Main Level 3.03 m x 1.98 m
Kitchen Main Level 1.57 m x 2.86 m
Living Main Level 4.64 m x 3.87 m
Living Main Level 4.62 m x 4.69 m

Convert Measurement to:

Courtesy of: Coldwell Banker Neumann Real Estate

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Demographic Information of 159 GLASGOW STREET N, Guelph (Downtown), Ontario, N1H 4W7

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$157,509.41

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.73 %

High school certificate or equivalent

21.08 %

Apprenticeship trade certificate/diploma

3.75 %

College/non-university certificate

15.28 %

University certificate (below bachelor)

2.75 %

University Degree

43.41 %

Commuter

Travel To Work

By Car

71.76 %

By Public Transit

2.5 %

By Walking

19.1 %

By Bicycle

0.0 %

By Other Methods

6.64 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.89 %

Houses

66.11 %

159 GLASGOW STREET N, Guelph (Downtown), Ontario, N1H 4W7