Welcome to 15-142 York Rd, Guelph, an exceptional opportunity to own an affordable, turn-key 4-bedroom student rental with the potential for a 5th bedroom in a prime location! This well-maintained townhouse is an ideal choice for investors or parents seeking a secure and convenient living arrangement for their University of Guelph students. The home features a functional and efficient layout. The main floor offers a cozy living area, a well-appointed kitchen with ample cabinet space and a dining area. Upstairs, the second and third floors each host 2 identical bedrooms and a 4-piece bathroom with a shower/tub combo. The second-floor bedrooms enjoy access to a private balcony. The unfinished basement presents an exciting opportunity with 2 large egress windows, allowing for the potential of a fifth bedroom. This additional space could significantly increase rental income, making it an even more attractive investment. The property is situated in a well-managed complex with plenty of visitor parking, ensuring convenience for tenants and guests. This location is highly sought after by students, with easy access to the University of Guelph, downtown, public transit and local amenities. Rental demand in the area is strong, with students typically paying $1,000 per room, this property offers a lucrative investment, generating $4,000+ per month in rental income or over $5,000 with a 5th bedroom. With its functional layout, excellent location and the opportunity for expansion, this property is a rare find. Whether you're an investor looking for a high-demand rental or a parent securing housing for a student while building equity, this is an opportunity not to be missed!
Under Contract:
Water Softener, Hot Water Heater
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Townhouse
Home Style:
3-Storey
Approx. Age:
16-30
Total Approx Floor Area:
1000-1199
Exposure:
East
Bedrooms:
4
Bathrooms:
2.0
Kitchens:
1
Bedrooms Above Grade:
4
Kitchens Above Grade:
1
Rooms Above Grade:
9
Ensuite Laundry:
Yes
Zoning:
R.3A-20
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
1
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Balcony:
Open
Basement:
Full, Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Mutual
Parking Type:
Exclusive
Parking Spaces:
1
Total Parking Spaces:
1.0
Locker:
None
Family Room:
No
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$352.31
Maintenance fees include:
Building Insurance Included, Common Elements Included, Parking Included
Assessment:
$250,000
Assessment Year:
2025
Taxes:
$3,299.1 /
2024
Assessment:
$250,000.00 /
2025
Guelph
Downtown
Wellington
Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
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