1155 Gordon Street Unit# 68 Guelph, Ontario N1L 1S8

$719,900

Maintenance,

$284.78 Monthly

Welcome to Unit #68, at 1155 Gordon Street! Discover a prime investment opportunity at nestled in Guelph’s vibrant University District. This exceptional property is designed for investors seeking to capitalize on the robust rental market in one of the city’s most desirable areas. The unit boasts three spacious bedrooms on the second floor, each offering generous space and comfort, complemented by a well-appointed shared four-piece bathroom. Adding significant value, the walkout basement remains unfinished but comes with a roughed-in bathroom, presenting a versatile space ready to be converted into a fourth bedroom or additional living area. This potential for expansion makes it a lucrative option for increasing rental income or enhancing resale value. Modern comforts are at the forefront with a newly installed high-efficiency heat pump, ensuring energy savings and enhanced climate control, an appealing feature for tenants prioritizing both comfort and cost-efficiency. Further enhancing its appeal is an attached garage, offering secure parking and extra storage, a rare convenience in the area. The large deck off the living room provides a delightful space for outdoor relaxation and entertaining, making the unit even more attractive to potential renters or buyers. Located in Guelph’s sought-after University District, this property is a top choice for students and locals alike. Its proximity to the University of Guelph, public transportation, shopping, dining, and the city’s vibrant life ensures a steady demand for rental. Additionally, low condo fees contribute to an excellent return on investment, keeping overheads low and profits high. (id:48850)

Property Details

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https://www.realtor.ca/real-estate/27055467/1155-gordon-street-unit-68-guelph