Guelph - Kortright West
Guelph - Kortright West
Sold For$575,000
Listed For $579,900
Sold Oct 2019
Offers great investment opportunity! A sought after south end detached house with a legal 2 bedroom apt. Located in a very A sought after south neighborhood walking to Stone Road Mall and right on the bus route directly to University! House is situated on a big 51’x105’ lot. It has 4 bedrooms on upper unit and 2 bedrooms on lower unit; 2 full bath with laundry on site. This house offers great return for the money you invested! It is currently rented to 6 for $3310/month till end of April, 2020, lower than market rent. However, as today’s market, this house could easily get $45,000 annual rent, making $35,000 annually net income, giving 6% Cap Rate for your investment! It is It is well designed and set for the purpose of making money. 30 yr Roof did in 2009, newer windows in 2015. Do
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