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44 days on Market

145 Arthur St, Guelph, Ontario N1E 4V4

$899,900
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$8,999Cashback
Townhouse
-
2
~2049 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$439/sqft

Est. Mortgage$3,865/mo

Tax Amount (2024)$6,532/yr

Days On Market44 days


Description

Attention investors! Cash cow producing over $950/month in positive net cash flow! This captivating 6-bedroom, red brick century home at 145 Arthur St N, featuring a renovated, vacant, legal accessory apartment, is a prime investment opportunity. With the main floor unit vacant, you have the flexibility to live in one unit and rent the other or rent both for maximum returns. Live in the main unit for less than $2,000/month in total expenses—far cheaper than renting in this desirable area—and build equity in an appreciating asset. Positioned in downtown Guelph, steps from restaurants, boutiques, the GO Station and major future developments, this property offers an ideal balance of immediate cash flow and long-term growth. The city of Guelph is investing over 300 million in the downtown Baker St development and the new Downtown Conestoga Campus is bringing an influx of 5,000 students to the downtown core. Rents and home values in this area are anticipated to skyrocket over the next 5 years. With updated kitchens, modern bathrooms and 3 adjacent parking spots, this property not only offsets most of your mortgage but will significantly increase your wealth as its value appreciates over the next 5 years! Don’t miss this rare opportunity to invest in a property poised for exceptional returns.


Property Details

StyleResidential Income
View-
Age of property1930
SqFt~2049 SqFt
Lot Size2,999 SqFt(100 x 29.99)
Parking Spaces3
MLS ®Number40660109
Community NameDowntown
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Basement: Full, Finished

Features

Lot size: 2,999 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by RE/MAX Real Estate Centre Inc Brokerage, Brokerage

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