15 - 142 YORK ROAD, Guelph, Ontario
$599,900
- 4 Beds
- 2 Baths
Welcome to 15-142 York Rd, Guelph, an exceptional opportunity to own an affordable, turn-key 4-bedroom student rental with the potential for a5th bedroom in a prime location! This well-maintained townhouse is an ideal choice for investors or parents seeking a secure and convenient living arrangement for their University of Guelph students. The home features a functional and efficient layout. The main floor offers a cozy living area, a well-appointed kitchen with ample cabinet space and a dining area. Upstairs, the second and third floors each host 2 identical bedrooms and a 4-piece bathroom with a shower/tub combo. The second-floor bedrooms enjoy access to a private balcony. The unfinished basement presents an exciting opportunity with 2 large egress windows, allowing for the potential of a fifth bedroom. This additional space could significantly increase rental income, making it an even more attractive investment. The property is situated in a well-managed complex with plenty of visitor parking, ensuring convenience for tenants and guests. This location is highly sought after by students, with easy access to the University of Guelph, downtown, public transit and local amenities. Rental demand in the area is strong, with students typically paying $1,000per room, this property offers a lucrative investment, generating $4,000+ per month in rental income or over $5,000 with a 5th bedroom. With its functional layout, excellent location and the opportunity for expansion, this property is a rare find. Whether you're an investor looking for ahigh-demand rental or a parent securing housing for a student while building equity, this is an opportunity not to be missed! (id:56241)
- Listing ID: X11989394
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 15 - 142 YORK ROAD in Guelph Ontario. It was last modified on February 26th, 2025. Contact the Dave Dick Real Estate Team to schedule a viewing or to discover other Guelph condos for sale.