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Jethro Seymour

[email protected] +1(416) 712-0767

$ 3,299,900

Est. payment -/mo

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83 King ST Guelph, ON N1E 4P5

10 Beds

7 Baths

0.5 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision St. George'S

MLS Listing ID X12328667

Style 2-Storey

Bedrooms 10

Building Age 100+

Annual Tax Amount $15,570

Tax Year 2025

Lot Size 0.500 Acres

Property Sub-Type Multiplex

Lot Depth 250.0

Lot Front 38.3

Appx SqFt 5000 +

Property Description

RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 beautiful self-contained rental units on 1-acre lot-prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning passive income. W/ability to generate gross rents over $15,000/mth, vacant poss available for setting market rents & possibility to add another 45 units at rear of property; city permitting for 4 & 5 units is pending & funding application for the 5-unit is within the CMHC guidelines, this property combines immediate returns W/future upside. Each unit blends historic character W/modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. GR W/crown moulding & bay window. Kitchen W/lots of cabinetry & centre island. Formal DR & sep FR provide space for entertaining. Primary suite W/skylights & wall of closets. Garden doors open to deck overlooking mature trees. Renovated 3pc ensuite W/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to finished bsmt W/its own entrance, office W/exposed stone walls, wine cellar, full kitchen & flexible living space-ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/hardwood, fireplace & crown moulding. Formal DR with B/I display nook & kitchen W/sleek cabinetry, S/S appliances, access to washer/dryer & side entrance. Both bathrooms feature W/I glass showers. Units 3 & 4: 2-berm 1-bath blend charm W/modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen W/in-suite laundry. Unit 4: open-concept layout, white cabinetry & fireplace in primary bdrm. Both have 3pc bath with W/I glass showers. Unit 5: 1-bdrm 1-bath W/open-concept living & dining, kitchen with S/S appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from vibrant downtown this property is walkable to shops, dining, transit & parks

Location

Province ON

County Wellington

Community St. George'S

Area Wellington

Rooms

Family Room No

Basement Finished, Walk-Out

Kitchen 6

Interior

Interior Features Water Softener

Cooling Wall Unit(s)

Fireplace Yes

Heat Source Other

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 38.3

Lot Depth 250.0

Total Parking Spaces 11

Building

Unit Features Hospital,Library,Park,Public Transit,Rec./Commun.Centre,School

Foundation Poured Concrete

Others

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Listed by RE/MAX Real Estate Centre Inc

Jethro Seymour

Broker

+1(416) 712-0767

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Jethro Seymour

83 King ST Guelph, ON N1E 4P5

Key Details

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Rooms

Interior

Exterior

Building

Others

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83 King ST