Unknown for 142 York Rd #15, Guelph Ontario N1E 3E9
5 days on Market

142 York Rd #15, Guelph, Ontario N1E 3E9

In the same building:
-
Condo
4
2
~1000-1199 sqft
$599,900
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Condo
4
2
~1000-1199 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$550/sqft

Est. Mortgage$2,576/mo

Maintenance fees$352/mo

Tax Amount (2024)$3,299/yr

Days On Market5 days


Description

Welcome to 15-142 York Rd, Guelph, an exceptional opportunity to own an affordable, turn-key 4-bedroom student rental with the potential for a5th bedroom in a prime location! This well-maintained townhouse is an ideal choice for investors or parents seeking a secure and convenient living arrangement for their University of Guelph students. The home features a functional and efficient layout. The main floor offers a cozy living area, a well-appointed kitchen with ample cabinet space and a dining area. Upstairs, the second and third floors each host 2 identical bedrooms and a 4-piece bathroom with a shower/tub combo. The second-floor bedrooms enjoy access to a private balcony. The unfinished basement presents an exciting opportunity with 2 large egress windows, allowing for the potential of a fifth bedroom. This additional space could significantly increase rental income, making it an even more attractive investment. The property is situated in a well-managed complex with plenty of visitor parking, ensuring convenience for tenants and guests. This location is highly sought after by students, with easy access to the University of Guelph, downtown, public transit and local amenities. Rental demand in the area is strong, with students typically paying $1,000per room, this property offers a lucrative investment, generating $4,000+ per month in rental income or over $5,000 with a 5th bedroom. With its functional layout, excellent location and the opportunity for expansion, this property is a rare find. Whether you're an investor looking for ahigh-demand rental or a parent securing housing for a student while building equity, this is an opportunity not to be missed!


Property Details

Style3-Storey
View-
Age of property16-30
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX11989394
Community NameTwo Rivers
Data SourceTRREB
Listing byRE/MAX Real Estate Centre Inc

Features

Heating: Forced Air
Basement: Full, Unfinished

Main Floor

Living

2.90 x 2.26

Dining

2.62 x 2.26

Kitchen

2.84 x 2.64


Features

Patio: Open
Balcony: Open

Parking

Garage spaces -

Garage type -

Total parking spaces 1


1Story
Inclusions
Hydro
Water
Parking
Cable
Heat

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

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Population and Demographics

Overview

Total population 3425
Average household income $119,475

Age (%)

20 to 34
27%
35 to 49
22%
0 to 19
19%
50 to 64
18%
65 and plus
14%

Household composition (%)

Single family
54%
Single person
38%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
89%
Others
4%
Italian
2%
Spanish
1%
French
1%

House tenancy (%)

Owners
62%
Renters
38%

Schools and amenities

Estimated Budget