An exceptional investment property ideally located ; with a hard- to- find City approved, LEGAL 3 bedroom basement apartment. Only a two minute walk to bus stop with direct bus to the University of Guelph. This 8 bedroom backsplit 5 level home is also conveniently located close to grocery store, restaurants, parks, and walking trails nearby. A quick drive to Highways 6 North (Hanlon) & the 401. Main floor features a dining, living room and new kitchen, installed in the last 3 years & there is also a dining/living room & optional bedroom. The lower level has a 3-pc bathroom, bedroom, family room, and a wet bar with a sink area (4 bathrooms total). There is a cozy upper wooden deck and a shaded fenced backyard with SEPARATE ENTRANCE (Walk UP) to 3 bedroom basement apartment with shared laundry room. A total of 5 bedrooms upstairs, updated laminate and tile floors. Central stairs & paved driveway for 3-car parking. Whether you are an investor or a student /parent investor looking for a solid home to buy while your children are attending University or an owner occupied scenario -seeking an 'income helper' from the lower floor LEGAL 3 Bedroom APT. (also with a NEW KITCHEN). This home superbly checks outs on all three core tenets of Real Estate Investment- Price ( 8 beds under $1M)- Timing (100% Vacant possession April 30th 2026)- Location (So close to everything!!) ) LOCATION LOCATION LOCATION !!! (id:36109)
Property Details
MLS® Number
X12842900
Property Type
Single Family
Community Name
Kortright West
Equipment Type
Water Heater
Features
Flat Site
Parking Space Total
4
Rental Equipment Type
Water Heater
Structure
Deck
Building
Bathroom Total
3
Bedrooms Above Ground
5
Bedrooms Below Ground
3
Bedrooms Total
8
Age
16 To 30 Years
Amenities
Fireplace(s)
Appliances
Water Heater, Water Softener, Dryer, Two Stoves, Washer, Two Refrigerators