Guelph - Dovercliffe Park/Old University
Guelph - Dovercliffe Park/Old University
Sold For$660,000
Listed For $699,900
Sold Sep 2019
Calling all Investors! Fantastic detached all brick spacious bungalow with 1608 square feet, LEGALLY REGISTERED 4+2 BEDROOM TWO UNIT HOME. Maximum cash flow! Excellent location, steps to University of Guelph. Two different groups have been living there since 2017 and the current leases are until April 30 2020 with $2,960 (up $1965 + down 995) plus utilities(Market rent should be $3600/M plus utilities). This property has zero vacancy rate during these more than 10 years. Updates include shingle roof and all windows in 2013, furnace in 2010, kitchen sinks and countertop in 2017, refinished legal two bedroom basement apartment in 2012. Hardwood floors and ceramic throughout main level and laminated floors through lower unit. Great turn key investment!
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