15-142 York Road For Sale

Guelph, Two Rivers, N1E 3E9

$599,900

Description

Listed by RE/MAX Real Estate Centre Inc.

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!

Location

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  • Address: 15-142 York Road
  • Neighborhood: Two Rivers
  • City: Guelph
  • State: Ontario
  • Postal Code: N1E 3E9

Property Details

  • Property ID: X11989394
  • Property Price: $599,900
  • Style: Condo Townhouse, 3-Storey
  • Sq/Ft: 1000-1199
  • Rooms: 9
  • Bedrooms: 4
  • Bath: 2
  • Parking Spaces: 1
  • Year Built: 16-30
  • Basement: Full, Unfinished
  • Central Vac.: N
  • Den: N
  • Exterior: Brick, Vinyl Siding
  • Heating: Forced Air
  • Fireplace: N
  • Patio/Terrace: Open
  • Taxes: $3,299.10 (2024)
  • Bld. Insurance Incl.: Y
  • Condo Corp.: WSCP
  • Condo Corp #: 135
  • Exposure: E
  • Locker: None
  • Parking Type: Exclusive
  • Pets: Restrict
  • Property Manager: Trevarren Property Mgmt
  • # of stories: 1
  • Parking Incl.: Y
  • Maintenance: 352.31

Room details and dimensions

Statistics for similar Condo Townhouse condos in Two Rivers

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.

Average days on market for similar Condo Townhouse condos in Two Rivers

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.

Number of transactions for similar Condo Townhouse condos in Two Rivers

Property History

This property has been sold 5 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100