444 Speedvale Avenue E Guelph, Ontario N1E 1P1
$1,200,000
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. (id:42029)
Property Details
| MLS® Number | 40714160 |
| Property Type | Multi-family |
| AmenitiesNearBy | Place Of Worship, Public Transit |
| Features | Conservation/green Belt |
| ParkingSpaceTotal | 6 |
| Structure | Shed, Porch |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 3 |
| Appliances | Window Coverings |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1968 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FoundationType | Block |
| HeatingType | Forced Air, Heat Pump |
| StoriesTotal | 2 |
| SizeInterior | 2750 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Place Of Worship, Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 173 Ft |
| SizeFrontage | 50 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R1b |
https://www.realtor.ca/real-estate/28128427/444-speedvale-avenue-e-guelph
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Scott Alexander Bruinsma
Salesperson
368 Ash Tree Place
Waterloo, Ontario N2T 1R7
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April 07 2025 12:44:17
Kitchener-Waterloo Association of REALTORS®
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