444 Speedvale Avenue E Guelph, Ontario N1E 1P1

3 Bedroom 3 Bathroom 2,750 ft2
Central Air Conditioning Forced Air, Heat Pump

$1,200,000

A Prime Investment Opportunity and Cash Flow positive! An exceptional investment opportunity, offering three income-generating units with a variety of modern features, ample parking, and a private backyard. Perfectly suited for any investors, this property is located in a desirable neighbourhood with strong rental demand, making it an ideal addition to your real estate portfolio. Main Floor Unit (3 Bedrooms - $3,150/month): The spacious recently renovated 3-bedroom main floor unit provides a high rental income with a functional layout, natural light, large bedrooms, and fully-equipped kitchen. This unit is in high demand among families and professionals, ensuring steady cash flow for the investor. Basement Unit (Current Rent: $2,250/month): Over a 1000 square feet this 2-bedroom basement unit with private side entrance is perfect for students or young professionals. Large living space, kitchen and dining room. Brand New Garden House (Current Rent: $2,080/month): Built in 2024, the garden house features a private yard, all new windows, modern kitchen and bath, and its own electrical meter for complete tenant independence. Powered by a heat pump, this energy-efficient unit ensures minimal maintenance costs while providing an attractive rental rate in a highly desirable space. . Don’t miss the chance to add this high-performing rental property to your portfolio. (id:43503)

Property Details

MLS® Number 40714160
Property Type Multi-family
Neigbourhood Waverley Neighbourhood Group
Amenities Near By Place Of Worship, Public Transit
Features Conservation/green Belt
Parking Space Total 6
Structure Shed, Porch

Building

Bathroom Total 3
Bedrooms Total 3
Appliances Window Coverings
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1968
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Block
Heating Type Forced Air, Heat Pump
Stories Total 2
Size Interior 2,750 Ft2
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Place Of Worship, Public Transit
Sewer Municipal Sewage System
Size Depth 173 Ft
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1b

https://www.realtor.ca/real-estate/28128427/444-speedvale-avenue-e-guelph

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