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$619,900

15-142 York Road, Guelph, ON, N1E 3E9

QuickQuoteTM: $527K - $642K
MLS® # 40705187

4 Beds

2 Baths

1140 FEETSQ sqft

Property Information:

Welcome to 15-142 York Rd, Guelph, an exceptional opportunity to own an affordable, turn-key 4-bedroom student rental with the potential for a 5th bedroom in a prime location! This well-maintained townhouse is an ideal choice for investors or parents seeking a secure and convenient living arrangement for their University of Guelph students. The home features a functional and efficient layout. The main floor offers a cozy living area, a well-appointed kitchen with ample cabinet space and a dining area. Upstairs, the second and third floors each host 2 identical bedrooms and a 4-piece bathroom with a shower/tub combo. The second-floor bedrooms enjoy access to a private balcony. The unfinished basement presents an exciting opportunity with 2 large egress windows, allowing for the potential of a fifth bedroom. This additional space could significantly increase rental income, making it an even more attractive investment. The property is situated in a well-managed complex with plenty of visitor parking, ensuring convenience for tenants and guests. This location is highly sought after by students, with easy access to the University of Guelph, downtown, public transit and local amenities. Rental demand in the area is strong, with students typically paying $1,000per room, this property offers a lucrative investment, generating $4,000+ per month in rental income or over $5,000 with a 5th bedroom. With its functional layout, excellent location and the opportunity for expansion, this property is a rare find. Whether you're an investor looking for a high-demand rental or a parent securing housing for a student while building equity, this is an opportunity not to be missed!

Inclusions: Dishwasher,Dryer,Refrigerator,Stove,Washer,Larger Couch.

Exclusions : Tenants Belongings.

Building Features:

  • Floor Space: 1140 Square Feet

Property Features:

  • Bedrooms: 4
  • Bathrooms: 2+0
  • Architectural Style: 3 Storey
  • Association Amenities: Parking
  • Basement: Full, Unfinished
  • Built in: 2003
  • Construction Materials: Brick, Vinyl Siding
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open, Visitor Parking
  • Floor Space (approx): 1140 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In-Suite
  • Lot Features: Urban, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby, Trails
  • Parking Features: Asphalt, Mutual/Shared
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Waterfront Features: River/Stream
  • Zoning: R.3A-20
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 1

Rooms:

  • Dining Main Level 2.62 X 2.26
  • Living Main Level 2.90 X 2.26
  • Kitchen Main Level 2.84 X 2.64
  • Bedroom 2nd Level 3.58 X 2.59
  • Bathroom 2nd Level
  • Bedroom 2nd Level 3.10 X 2.49
  • Bedroom 3rd Level 3.10 X 2.49
  • Bedroom 3rd Level 3.58 X 2.59
  • Bathroom 3rd Level

Courtesy of: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 15-142 York Road, Guelph, ON, N1E 3E9

Demographic Information of 15-142 York Road, Guelph, ON, N1E 3E9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$101,052.78

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.09 %

High school certificate or equivalent

28.07 %

Apprenticeship trade certificate/diploma

2.52 %

College/non-university certificate

19.78 %

University certificate (below bachelor)

0.18 %

University Degree

32.35 %

Commuter

Travel To Work

By Car

82.79 %

By Public Transit

3.31 %

By Walking

10.44 %

By Bicycle

3.46 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

64.98 %

Houses

35.02 %

Own Vs. Rent