$799,000
Available - For Sale
Listing ID: X12177438
484 Speedvale Avenue East , Guelph, N1E 1P2, Wellington
| 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. |
| Price | $799,000 |
| Taxes: | $3814.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 484 Speedvale Avenue East , Guelph, N1E 1P2, Wellington |
| Postal Code: | N1E 1P2 |
| Province/State: | Wellington |
| Legal Description: | LOT 1, PT LOT 2, PLAN 471 , AS IN MS5133 |
| Directions/Cross Streets: | Victoria St N / Speedvale Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 1007.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 2 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Wellington |
| Municipality: | Guelph |
| Neighbourhood: | Riverside Park |
| Tax: | $3,814 |
| Baths: | 2 |
| Fireplace: | N |
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