444 Speedvale AVE E new

Guelph,ON N1E 1P1

$ 1200000

6 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Riverside Park

MLS Listing ID X12098035

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,500

Tax Year 2024

Property Sub-Type Multiplex

Appx SqFt 700-1100

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. . Dont miss the chance to add this high-performing rental property to your portfolio.

Location

Province ON

County Wellington

Community Riverside Park

Area Wellington

Rooms

Family Room Yes

Kitchen 3

Interior

Cooling Central Air

Exterior

Exterior Feature Porch,Landscaped

Parking Features Front Yard Parking

Pool None

Roof Type Asphalt Shingle

Building

Foundation Concrete Block

Others

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