Homes for sale - 145 Arthur Street N, Guelph, ON N1E 4V4

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Josee Savard

josee@savardrealty.com +1(249) 877-4045

Listed by Bradley Wylde • RE/MAX Real Estate Centre Inc Brokerage

$899,900

Est. payment - /mo

6 Beds

2 Baths

1,584 SqFt

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UPDATED:

10/12/2024 08:33 PM

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

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Josee Savard

+1(249) 877-4045

145 Arthur Street N Guelph, ON N1E 4V4

Josee Savard

Josee Savard

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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145 Arthur Street N