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218 Edinburgh Road N Guelph, Ontario N1H 5R9

6 Bedroom 3 Bathroom 2383 sqft
2 Level None Baseboard Heaters, Radiant Heat

$929,999

Welcome to a prime investment opportunity. This legal duplex in Guelph is strategically positioned with convenient access to a bus route and close proximity to a peaceful park. But that's not all – envision the potential to expand to four units, providing ample parking and the chance to increase density for greater profits. Both units in the existing duplex are above-grade and recently updated, featuring a new three-piece bathroom on the second floor and laundry units installed in 2022. The interior of the property was completely painted in 2022, with pot lights throughout, and boasts tile and hardwood floors, setting this property up for durability and success. The recent influx of students to the City of Guelph has created additional demand for multifamily and traditional student rentals. This surge has led to heightened competition for available rental units, making this duplex an even more attractive investment. Whether for owner occupancy or investment purposes, this opportunity shouldn't be missed. Secure your foothold in Guelph's thriving real estate market today. (id:42029)

Property Details

MLS® Number 40610510
Property Type Single Family
EquipmentType Water Heater
Features Paved Driveway
ParkingSpaceTotal 6
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 4
BedroomsBelowGround 2
BedroomsTotal 6
Appliances Dryer, Refrigerator, Stove, Washer, Window Coverings
ArchitecturalStyle 2 Level
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1954
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Aluminum Siding, Brick
FoundationType Poured Concrete
HeatingFuel Electric, Natural Gas
HeatingType Baseboard Heaters, Radiant Heat
StoriesTotal 2
SizeInterior 2383 Sqft
Type House
UtilityWater Municipal Water

Parking

None

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 97 Ft
SizeFrontage 40 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R1b

Rooms

Level Type Dimensions
Second Level Bedroom 12'0'' x 8'3''
Second Level Bedroom 12'0'' x 8'3''
Second Level 4pc Bathroom Measurements not available
Second Level Kitchen 12'0'' x 9'0''
Second Level Living Room 14'0'' x 13'6''
Basement 4pc Bathroom Measurements not available
Basement Bedroom 11'6'' x 9'6''
Basement Bedroom 11'6'' x 9'6''
Basement Recreation Room 12'0'' x 12'0''
Main Level Dining Room 11'10'' x 7'0''
Main Level 4pc Bathroom Measurements not available
Main Level Bedroom 12'8'' x 12'0''
Main Level Bedroom 14'7'' x 12'0''
Main Level Kitchen 11'10'' x 8'1''

https://www.realtor.ca/real-estate/27108997/218-edinburgh-road-n-guelph

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Tom Van Horne
Salesperson


Coldwell Banker Neumann Real Estate Brokerage
824 Gordon Street
Guelph, Ontario N1G 1Y7

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