Ironwood Road, Guelph

Offer Date: FIRST COME FIRST SERVE
Closing Date: June 3, 2024

**Realtors bring us a client and add your commission on top of the purchase price**

About the Property

Looking for your next investment property in Guelph? Look no further, SLG has the deal for YOU!

This detached home in Guelph is in some need of TLC and is perfect for investors who are looking for a fix and flip project this summer! There are 5 bedrooms – 2 of which were added in the addition above the garage completed years ago – 1 full bathroom, and 1 powder room on the main floor! With a basement ceiling height of 6.5-7ft and a bedroom already framed in the back, the potential for this home is endless. With a longer closing date, this subject property is perfect for investors looking for their next fix and flip project this summer – call NOW to secure this deal!

About the Neighbourhood 

Located in the Hanlon Creek neighbourhood of Guelph, the subject property is nestled away in a beautiful residential pocket. The major intersection closest to the subject property is Kortright Road West and Ironwood Road. The scenic Preservation Park and Hanlon Park are within walking distance of the subject property. Only a 6 minute drive from the University of Guelph, which also has a GO Bus Terminal with connecting trips all the way to Toronto (Union Station)! Stone Road Mall & local grocery stores are within a 6 minute drive from the property. Only minutes away from Highway 6, making accessibility to the property seamless!

Property Details

• Detached house
• 5 bedrooms
  • 2 bedrooms were added in 1985 in the addition above the garage
• 1.5 bathrooms
  • 1 full bathroom upstairs
  • 1 powder room on main floor
• All appliances are included in the sale
• Carpet throughout the home – would need to be removed
• 1683 sqft above grade
• 936 sqft below grade
• Basement is partially finished
  • Ceiling height of 6.5-7ft
  • Started framing for a bedroom in the back
• Furnace was put in prior to seller moving in, owned, seller unsure of age
  • Located in the Primary Bedroom
  • Originally electric baseboard heating
    • Most do not work but some do
• A/C is owned, seller is unsure of age
• HWT is about 10 years old & is rented
• Property taxes are about $5162
• Old breaker panel as per seller
  • Copper wiring as per seller, buyer to verify
• Built in 1985
• Roof was replaced in 2012
• Windows have never been replaced
• Lot size is 55ft x 121ft
• R1 Zoning

Recommended Renovations

• Full cosmetic renovation
• Consider doing some HVAC updating (i.e. removing the remaining working electric baseboard heaters)
• The seller has the option to leave junk behind so we would recommend budgeting for junk removal