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$924,900

458 WOOLWICH Street, Guelph, Ontario, N1H 3X5

MLS® # 40852590

Guelph ON, N1H 3X5

MLS® # 40852590

Property Information:

Perfectly positioned steps from downtown Guelph, this century triplex puts Exhibition Park, cafés, restaurants, boutique shopping and the Farmers' Market within easy walking distance, with the bus route right at the door. Locations with this level of walkability attract quality tenants and hold long-term rental demand. Three fully self-contained residential units, blending timeless architectural character with dependable income. Two are tenanted and the third sits vacant, so market rent is yours to set. Fully leased, projected gross rent is close to $70,000 a year providing a 5.9% CAP rate. Zoned MOC, Mixed Office/Commercial, which permits a broader range of residential and commercial uses than the current three units. This is a well-maintained century building. An electrical rewire was done in 2015 with permits, individual panels and meters per unit & interconnected smoke/CO2. Main sewer plumbing was replaced to the street in 2021. Furnace 2025. Front porch floor rebuilt and exterior painted in 2022.A strong addition to an established portfolio, and an equally strong first step for a buyer who wants to live in one unit and let the other two help carry the mortgage. The 2-bedroom main floor unit boasts original hardwood flooring, rich wood trim and stunning original pocket doors separating the living and dining rooms, the kind of craftsmanship that simply can't be replicated, plus a kitchen renovated in 2015. The second-floor unit offers two bedrooms, hardwood flooring, a flexible living room or den, four-piece bathroom, 2015 kitchen, and finished living space added in 2023. The third-floor suite is a bright one-bedroom with a cozy gas fireplace, galley kitchen, three-piece bathroom renovated in 2015 and a private balcony. Driveways on both sides, a deep backyard with full access for all three units, and shared laundry on the main floor. Leases, invoices and the full improvement list available on request. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Brick
  • Floor Space: 2698 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Amenities Nearby: Public Transit
  • Built in: 1908
  • Features: Paved driveway
  • Floor Space (approx): 2698 Square Feet
  • Irregular: Yes
  • Lot Depth: 139 Feet
  • Lot Frontage: 53 Feet
  • Lot Size: 0.00 Acres
  • Structure Type: Porch
  • Zoning: R1B
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX Escarpment Realty Inc.

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 458 WOOLWICH Street, Guelph, Ontario, N1H 3X5

Demographic Information of 458 WOOLWICH Street, Guelph, Ontario, N1H 3X5

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$161,676.12

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.67 %

High school certificate or equivalent

16.69 %

Apprenticeship trade certificate/diploma

2.66 %

College/non-university certificate

20.0 %

University certificate (below bachelor)

3.68 %

University Degree

47.3 %

Commuter

Travel To Work

By Car

73.93 %

By Public Transit

3.57 %

By Walking

16.85 %

By Bicycle

1.15 %

By Other Methods

4.5 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.58 %

Houses

72.42 %

Own Vs. Rent