218 EDINBURGH Road N, Guelph, Ontario
$929,999
- 6 Beds
- 3 Baths
- 2,383 Square Feet
Welcome to a prime investment opportunity. This legal duplex in Guelph is strategically positioned with convenient access to a bus route and close proximity to a peaceful park. But that's not all – envision the potential to expand to four units, providing ample parking and the chance to increase density for greater profits. Both units in the existing duplex are above-grade and recently updated, featuring a new three-piece bathroom on the second floor and laundry units installed in 2022. The interior of the property was completely painted in 2022, with pot lights throughout, and boasts tile and hardwood floors, setting this property up for durability and success. The recent influx of students to the City of Guelph has created additional demand for multifamily and traditional student rentals. This surge has led to heightened competition for available rental units, making this duplex an even more attractive investment. Whether for owner occupancy or investment purposes, this opportunity shouldn't be missed. Secure your foothold in Guelph's thriving real estate market today. (id:23309)
- Listing ID: 40610510
- Property Type: Single Family
- Year Built: 1954
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Listing provided by Coldwell Banker Neumann Real Estate Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 218 EDINBURGH Road N in Guelph Ontario, was last modified on June 30th, 2024. Contact Bob Downer to schedule a viewing or to find other properties for sale in Guelph.