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

$899,900

MLS® # X13666600

Investment For Sale In Exhibition Park, Guelph (Downtown), Ontario

$899,900

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

Courtesy of: Coldwell Banker Neumann Real Estate

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.

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