New listing on Galt Street offers excellent rental income potential in a prime Guelph location. This 5-bedroom, 3-bathroom multi-family property spans 1600 square feet and features a separate one-bedroom apartment on the lower level with independent hydro meters. The bright, sunny home showcases recent updates including fresh paint, updated trim, and a mix of hardwood and newer laminate flooring throughout. The main level flows seamlessly from the dining area to an expansive deck overlooking a mature backyard, perfect for outdoor entertaining. The lower level apartment provides immediate rental income with its own entrance and current tenant. The basement also includes a large storage area and convenient on-site laundry facilities. A good-sized garage adds practical value for storage and parking. This property sits in an established neighborhood with easy access to public transportation via nearby Guelph Central Station. Students and professionals will appreciate the proximity to secondary schools and natural food markets within walking distance. The location offers the perfect balance of residential tranquility and urban convenience. Recent improvements include gas heating for efficiency and all existing appliances are included in the sale. The property previously housed four students successfully, demonstrating its strong rental potential. With two separate hydro meters already installed, this home is ready for immediate investment returns. Whether you're looking for a primary residence with rental income or a dedicated investment property, this Galt Street gem delivers both comfort and financial opportunity in one of Guelph's most desirable areas. (id:35544)
MLS® Number | 40739276 |
Property Type | Multi-family |
AmenitiesNearBy | Airport, Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
CommunityFeatures | Quiet Area, Community Centre |
ParkingSpaceTotal | 3 |
BathroomTotal | 3 |
BedroomsTotal | 6 |
Appliances | Microwave, Water Softener |
BasementDevelopment | Finished |
BasementType | Full (finished) |
ConstructedDate | 1989 |
CoolingType | None |
ExteriorFinish | Brick |
HeatingFuel | Natural Gas |
HeatingType | Forced Air, Other |
StoriesTotal | 2 |
SizeInterior | 2304 Sqft |
Type | Duplex |
UtilityWater | Municipal Water |
Attached Garage |
AccessType | Road Access |
Acreage | No |
LandAmenities | Airport, Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
Sewer | Municipal Sewage System |
SizeDepth | 101 Ft |
SizeFrontage | 50 Ft |
SizeIrregular | 0.116 |
SizeTotal | 0.116 Ac|under 1/2 Acre |
SizeTotalText | 0.116 Ac|under 1/2 Acre |
ZoningDescription | Rl.1 |