Sold on Jan 29, 2023
Note: Property is not currently for sale or for rent.
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Type: Detached
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Style: 2-Storey
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Lot Size: 52 x 103.54
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Age: 31-50 years
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Taxes: $4,249 per year
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Days on Site: 24 Days
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Added: Dec 12, 2024 (3 weeks on market)
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Updated:
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Last Checked: 8 hours ago
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MLS®#: X10884270
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Listed By: Coldwell banker neumann real estate brokerage
If you are looking for a way to secure land to position yourself ahead of the impending zoning use changes to residential land in the City of Guelph, we've got an asset here that is well positioned for the future, and has solid cash flowing financials today. This newly renovated, legal 2-unit home sits adjacent to several transit corridors, including bike lanes and multiple bus routes to campus, downtown and anywhere you need to be. Nearby shopping plazas provide extra value for future tenants. The home comes fully tenanted until April 30th, 2024, so you can start cashing rent cheques the day you take possession. Looking for your kids? Reach out and find out how we can secure them accommodation this year and move them into this home when the lease expires, and after you've made a tidy profit in your first year. This 53x101 lot will offer a lot of potential under the proposed RL zoning, and with the location in the heart of Guelph surrounded by schools, transit, trails and shopping, this would make a great piece of a growing real estate portfolio. Call today to chat more about this opportunity - or comment on our latest social media post. We always enjoy good real estate banter.
Status
Days on Market: 24
Last Status: Sold
Sold Date: Jan 29, 2023
Closed Date: May 05, 2023
Expiry Date: Apr 05, 2023
Sold Price: $1,001,187
Unavailable Date: Jan 29, 2023
Input Date: Jan 06, 2023
Prior LSC: Sold
Property
Status: Sale
Property Type: Detached
Style: 2-Storey
Age: 31-50
Area: Guelph
Community: Hanlon Creek
Availability Date: Flexible
Assessment Amount: $359,900
Assessment Year: 2022
Inside
Bedrooms: 4
Bedrooms Plus: 1
Bathrooms: 3
Kitchens: 1
Kitchens Plus: 1
Rooms: 9
Air Conditioning: Central Air
Fireplace: No
Washrooms: 3
Building
Basement: Finished
Basement 2: Sep Entrance
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Exterior: Vinyl Siding
Elevator: N
Water Supply: Municipal
Special Designation: Unknown
Parking
Driveway: Private
Garage Spaces: 1
Garage Type: Attached
Covered Parking Spaces: 2
Total Parking Spaces: 3
Fees
Tax Year: 2022
Tax Legal Description: LOT 23, PLAN 707 ; GUELPH
Taxes: $4,249
Land
Cross Street: KORTRIGHT ROAD WEST
Municipality District: Guelph
Fronting On: South
Parcel Number: 712280196
Pool: None
Sewer: Sewers
Lot Depth: 103.54
Lot Frontage: 52
Acres: < .50
Zoning: R-1B
Rooms
Room details for 694 Edinburgh Road South, Guelph
| Type | Dimensions | Description |
|---|---|---|
| Living Main | 4.75 x 3.58 | |
| Br Main | 3.00 x 3.53 | |
| Other Main | 3.53 x 4.90 | |
| Bathroom Main | - | |
| Foyer Main | - | |
| Prim Bdrm 2nd | 3.61 x 4.57 | |
| Br 2nd | 2.87 x 4.27 | |
| Br 2nd | 2.87 x 2.97 | |
| Bathroom 2nd | - | |
| Kitchen Lower | 3.43 x 3.38 | |
| Other Lower | 4.65 x 3.40 | |
| Bathroom Lower | 1.52 x 2.39 |
Priory Park Public School
Elementary: PublicÉÉC Saint-René-Goupil
Elementary: CatholicFred A Hamilton Public School
Elementary: PublicSt Michael Catholic School
Elementary: CatholicJean Little Public School
Elementary: PublicRickson Ridge Public School
Elementary: PublicDay School -Wellington Centre For ContEd
Secondary: PublicSt John Bosco Catholic School
Secondary: CatholicCollege Heights Secondary School
Secondary: PublicBishop Macdonell Catholic Secondary School
Secondary: CatholicGuelph Collegiate and Vocational Institute
Secondary: PublicCentennial Collegiate and Vocational Institute
Secondary: Public
