484 Speedvale Avenue, Guelph, ON Image 1

$850,000

Investment For Sale
MLS - #X12177438
1 day ago- By ROYAL LEPAGE REAL ESTATE SERVICES LTD.

484 Speedvale Avenue, Guelph, ON N1E 1P2

5 Bed
2 Bath
1007 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

1007 Sqft

About 484 Speedvale Avenue

Don't miss this fantastic opportunity to own a legal duplex that offers incredible versatility and generates strong positive cash flow. Net income is over $4800 per month, situating this property at over 6.5% cap rate, making it an ideal addition to any investment portfolio! The main level boasts a spacious layout with 3 bedrooms and 1 full bathroom perfect for families or tenants. It also features a brand new washer and dryer unit for added convenience. The fully finished, legal basement has been newly renovated and offers incredible potential, featuring 2 spacious bedrooms and a versatile den that can easily be converted into a third bedroom or a home office, along with a full bathroom. It includes a brand new water tank, brand new appliances fridge, stove, washer, dryer, dishwasher, and microwave making it ideal for extended family, renters, or generating extra income. With a carport and 10 total parking spaces, this property is a rare gem. Conveniently located near schools, public transit, shopping, and parks, it's perfect for investors, multi-generational families, or anyone seeking flexibility and space in a thriving neighbourhood.

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Building size

1007

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
85000000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 484 Speedvale Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$3246.42/ month

Some information about this property - Speedvale Avenue

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