$635,000

Townhouse For Sale In Kortright Hills, Guelph (Dovercliffe Park/Old University), Ontario

$635,000
  • 4

    Bedrooms

  • 2

    Baths

  • $286.00

    Maintenance Fees

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

Courtesy of: RE/MAX Real Estate Centre Inc

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.