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! (id:4069)
Address
142 YORK Road Unit# 15
List Price
$619,900
Property Type
Single Family
Type of Dwelling
Row / Townhouse
Style of Home
3 Level
Area
Ontario
Sub-Area
Guelph
Bedrooms
4
Bathrooms
2
Floor Area
1,140 Sq. Ft.
Year Built
2003
Maint. Fee
$352.31
MLS® Number
40705187
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Basement Area
Full (Unfinished)
Postal Code
N1E3E9
Zoning
R.3A-20
Site Influences
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Features
Balcony, Paved driveway, Shared Driveway
