83 King ST new Save Request In-Person Tour Request Virtual Tour
Guelph,ON N1E 4P5
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision St. George'S
MLS Listing ID X12328667
Style 2-Storey
Bedrooms 10
Building Age 100+
Annual Tax Amount $15,570
Tax Year 2025
Lot Size 0.500 Acres
Property Sub-Type Multiplex
Property Description
RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 beautiful self-contained rental units on 1-acre lot-prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning passive income. W/ability to generate gross rents over $15,000/mth, vacant poss available for setting market rents & possibility to add another 45 units at rear of property; city permitting for 4 & 5 units is pending & funding application for the 5-unit is within the CMHC guidelines, this property combines immediate returns W/future upside. Each unit blends historic character W/modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. GR W/crown moulding & bay window. Kitchen W/lots of cabinetry & centre island. Formal DR & sep FR provide space for entertaining. Primary suite W/skylights & wall of closets. Garden doors open to deck overlooking mature trees. Renovated 3pc ensuite W/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to finished bsmt W/its own entrance, office W/exposed stone walls, wine cellar, full kitchen & flexible living space-ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/hardwood, fireplace & crown moulding. Formal DR with B/I display nook & kitchen W/sleek cabinetry, S/S appliances, access to washer/dryer & side entrance. Both bathrooms feature W/I glass showers. Units 3 & 4: 2-berm 1-bath blend charm W/modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen W/in-suite laundry. Unit 4: open-concept layout, white cabinetry & fireplace in primary bdrm. Both have 3pc bath with W/I glass showers. Unit 5: 1-bdrm 1-bath W/open-concept living & dining, kitchen with S/S appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from vibrant downtown this property is walkable to shops, dining, transit & parks
Location
Province ON
County Wellington
Community St. George'S
Area Wellington
Rooms
Family Room No
Basement Finished,Walk-Out
Kitchen 6
Interior
Interior Features Water Softener
Cooling Wall Unit(s)
Fireplace Yes
Heat Source Other
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 38.3
Lot Depth 250.0
Total Parking Spaces 11
Building
Unit Features Hospital,Library,Park,Public Transit,Rec./Commun.Centre,School
Foundation Poured Concrete
Others
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