444 Speedvale Avenue E Active

Guelph,ON N1E 1P1

$ 1200000

6 Beds

4 Baths

1669 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,669 sqft

Price per Sqft $718

MLS Listing ID 40714160

Bedrooms 6

Abv Grd Liv Area 2,750

Originating Board Waterloo Region

Year Built 1968

Annual Tax Amount $4,500

Property Sub-Type Multi-3 Unit

Property Description

A Prime Investment Opportunity and Cash Flow positive!

An exceptional investment opportunity, offering three income-generating units with a variety of modern features, ample parking, and a private backyard. Perfectly suited for any investors, this property is located in a desirable neighbourhood with strong rental demand, making it an ideal addition to your real estate portfolio.

Main Floor Unit (3 Bedrooms - $3,150/month):
The spacious recently renovated 3-bedroom main floor unit provides a high rental income with a functional layout, natural light, large bedrooms, and fully-equipped kitchen. This unit is in high demand among families and professionals, ensuring steady cash flow for the investor.

Basement Unit (Current Rent: $2,250/month):
Over a 1000 square feet this 2-bedroom basement unit with private side entrance is perfect for students or young professionals. Large living space, kitchen and dining room.

Brand New Garden House (Current Rent: $2,080/month):
Built in 2024, the garden house features a private yard, all new windows, modern kitchen and bath, and its own electrical meter for complete tenant independence. Powered by a heat pump, this energy-efficient unit ensures minimal maintenance costs while providing an attractive rental rate in a highly desirable space.

.
Don't miss the chance to add this high-performing rental property to your portfolio.

Location

Province ON

County Wellington

Area City Of Guelph

Zoning R1B

Direction second house on left past the intersection of Renfield St and Speedvale Ave E

Rooms

Other Rooms Shed(s)

Basement Walk-Out Access,Full,Finished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Forced Air,Heat Pump

Cooling Central Air

Fireplace No

Window Features Window Coverings

Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Exterior Feature Landscaped

Roof Type Asphalt Shing

Handicap Access Multiple Entrances

Porch Porch

Lot Frontage 50.0

Lot Depth 173.0

Garage No

Building

Lot Description Rectangular,Greenbelt,Place of Worship,Public Transit

Faces second house on left past the intersection of Renfield St and Speedvale Ave E

Story 2

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick

New Construction No

Schools

High Schools Centennial Cvi

Others

Senior Community false

Tax ID 713060159

Ownership Freehold/None

Virtual Tour https://unbranded.youriguide.com/444_speedvale_avenue_east_guelph_on/

View More
Favorite Go Tour