484 SPEEDVALE AVENUE E new

Guelph (riverside Park),ON N1E1P2

$ 850000

5 Beds

2 Baths

1007 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,007 sqft

Price per Sqft $844

Subdivision Riverside Park

MLS Listing ID X12177438

Bedrooms 5

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Other

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Others

Virtual Tour https://unbranded.youriguide.com/tsxuv_484_speedvale_ave_e_guelph_on/

View More
Favorite Go Tour