458 Woolwich Street,Guelph (Exhibition Park), ON N1H3X5
Guelph (Exhibition Park), ON N1H3X5
Description
Perfectly positioned steps from downtown Guelph, this century triplex puts Exhibition Park, cafes, restaurants, boutique shopping and the Farmers' Market within easy walking distance, with the bus route right at the door. Locations with this level of walkability attract quality tenants and hold long-term rental demand. Three fully self-contained residential units, blending timeless architectural character with dependable income. Two are tenanted and the third sits vacant, so market rent is yours to set. Fully leased, projected gross rent is close to $70,000 a year providing a 5.9% CAP rate. Zoned MOC, Mixed Office/Commercial, which permits a broader range of residential and commercial uses than the current three units. This is a well-maintained century building. An electrical rewire was done in 2015 with permits, individual panels and meters per unit & interconnected smoke/CO2. Main sewer plumbing was replaced to the street in 2021. Furnace 2025. Front porch floor rebuilt and exterior painted in 2022.A strong addition to an established portfolio, and an equally strong first step for a buyer who wants to live in one unit and let the other two help carry the mortgage. The 2-bedroom main floor unit boasts original hardwood flooring, rich wood trim and stunning original pocket doors separating the living and dining rooms, the kind of craftsmanship that simply can't be replicated, plus a kitchen renovated in 2015. The second-floor unit offers two bedrooms, hardwood flooring, a flexible living room or den, four-piece bathroom, 2015 kitchen, and finished living space added in 2023. The third-floor suite is a bright one-bedroom with a cozy gas fireplace, galley kitchen, three-piece bathroom renovated in 2015 and a private balcony. Driveways on both sides, a deep backyard with full access for all three units, and shared laundry on the main floor. Leases, invoices and the full improvement list available on request. (id:13843)
Details
| MLS # | X13829594 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 39 |
| Listing Provided By | RE/MAX Escarpment Realty Inc., Brokerage | DEANNA MENDES |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,500 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | MOC(H12) |
Interior
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Unknown |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 4 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 6022.46 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Guelph (Exhibition Park) |
| Postal Code | N1H3X5 |
| Listing VS Median (in N1H3X5) | |
Price: $874,999 low | high Med: $874,999 sqft: 2,500 low | high Med: 2,599 $ / sqft: $350 low | high Med: $337 On site: 39 low | high Med: 39 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Guelph (Exhibition Park) |
| Postal Code | N1H3X5 |
| Listing VS Median (in N1H3X5) | |
Price: $874,999 low | high Med: $874,999 sqft: 2,500 low | high Med: 2,599 $ / sqft: $350 low | high Med: $337 On site: 39 low | high Med: 39 | |
