Guelph - Dovercliffe Park/Old University
Guelph - Dovercliffe Park/Old University
Sold For$701,000
Listed For $575,000
Sold Apr 2017
Real estate investing will change your future.
The best locations, are always the best investments. The classic bungalow picture framed by one of Guelph’s finest areas, is a perfect place to get started investing, compliment your portfolio, or hold till the tenants leave and create your dream home in an area frequently out of reach. The numbers are great with a 4 bedroom apartment up rented for 2300 and a 2 bedroom legal apartment rented for 1140 fully rented until April 2018. Utilities are covered by owner but with this rent there is $850 per month in positive cash flow. Unbelievable return in today’s market. Oh yeah, and you remember the old saying “buy land, god isn’t making any more”, the lot is 70 x 100, considering the direction real estate is going, this will compound your retur
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