Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
Guelph, Kortright Hills, N1L 1H2
$629,900$000000
Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD.
Nestled within a vibrant student-only complex, this 4-bedroom condominium presents an unparalleled investment opportunity for those looking to secure a prime accommodation option for university students while reaping the benefits of a lucrative rental market. Designed with investors in mind, this property not only promises to be low-maintenance but also positions itself as an ideal solution for parents of university students. Each of the four spacious bedrooms is outfitted with an ensuite bathroom, so no student has to share. The rooms are generously sized to accommodate a double or queen-sized bed along with a desk, catering perfectly to students' needs for comfort and study space. Laminate flooring runs throughout the unit, combining durability with ease of maintenance. A full kitchen, dining area, large living room and in-suite laundry facilities complete the unit. Residents have exclusive access to great amenities including a gym, media and party rooms, and a rooftop terrace. Strategically situated on a bus route that offers direct access to the university, the location of this condo unit ensures that students can easily navigate their way to and from campus. In addition, the property is just a short bus ride away from local grocery stores, making it effortless for residents to stock up on essentials. With room rentals ranging from $800 to $1,000 a room, per month, this property is not only a wise choice for parents looking to secure a comfortable and convenient living situation for their university-going children but also offers the potential for generating additional income. Schedule a showing to view this unit today!
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The graph below compares the average list price and average sale price of condos in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for condos in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 1 time before. To view this property's sale price history please sign in or register: