70-72 Waterloo Avenue, Guelph | Image 1

70-72 Waterloo Avenue

Guelph, Central West

  • - bed - bath
$X,XXX,XXX est.*: $12,043/mo
For Sale

Added 1 month ago

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  • Type: Fourplex

  • Style: 2-Storey

  • Lot Size: 63.78 x 130.39 Feet

  • Age: No Data

  • Taxes: $12,118 per year

  • Days on Site: 32 Days

  • Added: Mar 05, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X8115656

  • Listed By: Keller williams innovation realty

$216,120 Gross Income! 20 room 4 Plex!!! Welcome to an extraordinary investment opportunity in the heart of Guelph! This income property guarantees unmatched returns and boasts a rare 4-plex featuring a total of 20 rooms and 8 bathrooms. With written leases in place, the property not only generates incredible income but also presents further upside potential through tenant turnover and valuation. Situated in close proximity to Guelph's vibrant downtown, transit options, and the prestigious University of Guelph, this property is a prime choice for students seeking spacious and comfortable living accommodations. recent renovations in 2020 - including expansive kitchens, updated electrical systems, lighting, new furnaces, painting, flooring, interior doors, insulation in basement, landscaping and walkways. Enjoy modern comforts with the addition of central air units, while the 2021 upgrades to exterior doors and windows enhance energy efficiency and security.

Extras

Projected Proforma for May 1st, 2024 ( 72A new lease May 1, 2024, 70A, 70B & 72B 2.5% rent increase will be given for May 1, 2024). Rental increases will be given early February 2024. 2 Washers 2 Dryers coin op on a Lease, $130 per month.

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Property

  • Status: Sale

  • Property Type: Fourplex

  • Style: 2-Storey

  • Area: Guelph

  • Community: Central West

  • Availability Date: flexible

  • Assessment Amount: $986,000

  • Assessment Year: 2023

Inside

  • Bedrooms: 9

  • Bedrooms Plus: 9

  • Bathrooms: 8

  • Kitchens: 4

  • Rooms: 35

  • Den/Family Room: Yes

  • Air Conditioning: Central Air

  • Fireplace: No

  • Laundry Level: Lower

  • Washrooms: 8

Building

  • Basement: Finished

  • Basement 2: Full

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Elevator: N

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 7

  • Total Parking Spaces: 7

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LOT 390, PLAN 8 , AS IN RO769609 SAVE AND EXCEPT T/W THEREIN

  • Taxes: $12,118

Highlights

  • Feature: Arts Centre

  • Feature: Hospital

  • Feature: Library

  • Feature: Public Transit

  • Feature: Rec Centre

  • Feature: School

Land

  • Cross Street: Glasgow St S

  • Municipality District: Guelph

  • Fronting On: East

  • Parcel Number: 712820038

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 130.39 Feet

  • Lot Frontage: 63.78 Feet

  • Lot Irregularities: 63.78 X 130.39 X 60.4

  • Zoning: R1B

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/70_72_waterloo_ave_guelph_on/

Rooms

Room details for 70-72 Waterloo Avenue, Guelph

Type Dimensions
Bathroom Main 1.18 x 3.38
Br Main 3.05 x 3.96
2nd Br Main 4.48 x 4.20
3rd Br Main 4.54 x 4.20
4th Br Main 2.74 x 5.24
Kitchen Main 3.77 x 5.24
Living Main 1.82 x 3.08
Living Main 4.90 x 4.14
Sunroom Main 2.43 x 1.37
Bathroom 2nd 1.56 x 2.52
Br 2nd 4.54 x 4.23
2nd Br 2nd 4.54 x 4.23
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Walker's Paradise

  • Daily errands do not require a car.
91 /100

Good Transit

  • Some errands can be accomplished by public transportation.
56 /100

Very Bikeable

  • Most errands can be accomplished on bike.
83 /100
JK-5

Ecole Guelph Lake Public School

Elementary: Public
1.46 km
JK-6

Central Public School

Elementary: Public
0.57 km
JK-8

St Joseph Catholic School

Elementary: Catholic
1.29 km
JK-6

Paisley Road Public School

Elementary: Public
1.25 km
JK-8

Ecole King George Public School

Elementary: Public
1.72 km
JK-8

John McCrae Public School

Elementary: Public
0.61 km
9-12

St John Bosco Catholic School

Secondary: Catholic
0.42 km
Pre-Grade 9-12

College Heights Secondary School

Secondary: Public
2.14 km
9-12

Our Lady of Lourdes Catholic School

Secondary: Catholic
1.63 km
Pre-Grade 9-12

Guelph Collegiate and Vocational Institute

Secondary: Public
0.71 km
Pre-Grade 9-12

Centennial Collegiate and Vocational Institute

Secondary: Public
1.99 km
Pre-Grade 9-12

John F Ross Collegiate and Vocational Institute

Secondary: Public
2.53 km
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