Guelph - Dovercliffe Park/Old University
Guelph - Dovercliffe Park/Old University
Sold For$405,000
Listed For $399,900
Sold Apr 2015
There are several factors that contribute to a passing grade for an investment property, but 2 stand out over all else. One is positive cash flow (how much money is left after servicing all your hard costs), and the other is future value (how much the home will appreciate over the term of your investment.) 62 Lambert Crescent gets an A+ on both measures. The layout of the home and lot, coupled with the legal accessory apartment designation provide a wide range of options for tenant selection. This in turn reduces vacancy risk, increases demand, and allows you to charge higher rents than average. The location of the home is in an area of the city that has quick access to major arterial road, commercial plazas, public transit and the University of Guelph, but is still nestled in a quiet fami
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