ON > Guelph > Riverside Park
Guelph, ON N1E 1P2,484 Speedvale AVE E
Guelph, ON N1E 1P2,484 Speedvale AVE E
Guelph, ON N1E 1P2,484 Speedvale AVE E
Guelph, ON N1E 1P2,484 Speedvale AVE E
Guelph, ON N1E 1P2,484 Speedvale AVE E
Guelph, ON N1E 1P2,484 Speedvale AVE E
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Amal Mahendran

Amal Mahendran

+1(416) 721-0709
$ 799,000
Est. payment | /mo

5 Beds

2 Baths

1,007 SqFt

Save Virtual Tour
$ 799,000
Est. payment | /mo
Save Virtual Tour

5 Beds

2 Baths

1,007 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,007 sqft

Price per Sqft $793

Subdivision Riverside Park

MLS Listing ID X12177438

Bedrooms 5

Annual Tax Amount $3,814

Tax Year 2024

Property Sub-Type Investment

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.

Location

Province ON

County Wellington

Community Riverside Park

Area Wellington

Zoning R1B

Rooms

Kitchen 2

Interior

Cooling Yes

Inclusions Two (2) Fridge, Two (2) Stove, range hood, Two (2) Dishwasher , Two (2) Microwave, One (1) Washer Dryer combo and One (1) Washer and One (1) Dryer , Hot Water Tank , Ac and Furnace.

Exterior

Parking Features None

Utilities Available Yes

Building

Lot Description Lot

Others

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Lited by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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484 Speedvale AVE E