145 Arthur Street N Active Save Request In-Person Tour Request Virtual Tour
Guelph,ON N1E 4V4
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $568
MLS Listing ID 40643307
Style 2.5 Storey
Bedrooms 6
Full Baths 2
Abv Grd Liv Area 2,049
Originating Board Guelph & District
Year Built 1930
Annual Tax Amount $6,532
Property Description
Attention investors! Cash cow producing over $950/month in positive net cash flow! This captivating 6-bedroom, red brick century home at 145 Arthur St N, featuring a renovated, vacant, legal accessory apartment, is a prime investment opportunity. With the main floor unit vacant, you have the flexibility to live in one unit and rent the other or rent both for maximum returns. Live in the main unit for less than $2,000/month in total expenses—far cheaper than renting in this desirable area—and build equity in an appreciating asset. Positioned in downtown Guelph, steps from restaurants, boutiques, the GO Station and major future developments, this property offers an ideal balance of immediate cash flow and long-term growth. The city of Guelph is investing over 300 million in the downtown Baker St development and the new Downtown Conestoga Campus is bringing an influx of 5,000 students to the downtown core. Rents and home values in this area are anticipated to skyrocket over the next 5 years. With updated kitchens, modern bathrooms and 3 adjacent parking spots, this property not only offsets most of your mortgage but will significantly increase your wealth as its value appreciates over the next 5 years! Don’t miss this rare opportunity to invest in a property poised for exceptional returns.
Location
Province ON
County Wellington
Area City Of Guelph
Zoning R.1B
Direction Eramosa Rd
Rooms
Basement Full,Finished
Kitchen 2
Interior
Interior Features Accessory Apartment
Heating Forced Air,Natural Gas
Cooling None
Fireplace No
Appliance Water Heater Owned,Water Softener,Dishwasher
Laundry In-Suite,Multiple Locations
Exterior
Garage Asphalt,Mutual/Shared
Waterfront No
View Y/N true
View River
Roof Type Asphalt Shing
Lot Frontage 29.99
Lot Depth 100.0
Garage No
Building
Lot Description Urban,Rectangular,City Lot,Hospital,Library,Park,Place of Worship,Playground Nearby,Public Transit,School Bus Route,Schools,Shopping Nearby
Faces Eramosa Rd
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Architectural Style 2.5 Storey
Structure Type Stone
New Construction No
Others
Senior Community No
Tax ID 713220005
Ownership Freehold/None