Don't miss this fantastic opportunity to own a legal duplex that offers incredible versatility and generates strong positive cash flow. Net income is over $4800 per month, situating this property at over 6.5% cap rate, making it an ideal addition to any investment portfolio! The main level boasts a spacious layout with 3 bedrooms and 1 full bathroom perfect for families or tenants. It also features a brand new washer and dryer unit for added convenience. The fully finished, legal basement has been newly renovated and offers incredible potential, featuring 2 spacious bedrooms and a versatile den that can easily be converted into a third bedroom or a home office, along with a full bathroom. It includes a brand new water tank, brand new appliances fridge, stove, washer, dryer, dishwasher, and microwave making it ideal for extended family, renters, or generating extra income. With a carport and 10 total parking spaces, this property is a rare gem. Conveniently located near schools, public transit, shopping, and parks, it's perfect for investors, multi-generational families, or anyone seeking flexibility and space in a thriving neighbourhood.
EXTRAS: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Water Heater
Virtual Tour: https://unbranded.youriguide.com/tsxuv_484_speedvale_ave_e_guelph_on/
Last updated on : Wednesday 28th of May 2025 11:46:09 AM
Street : 484 SPEEDVALE AVENUE EAST
City : Guelph (Riverside Park)
Country : Canada
Postal Code : N1E1P2
Property ID : X12177438
Building Type : Multi-Family
Property Type : Multi-family
Bedrooms : 5
Bathrooms : 2
Parking : 9