| Elizabeth Street, Guelph, ON
Offer Date: FIRST COME FIRST SERVE
Closing Date: October 31st 2023
** Realtors bring us a client and add your commission on top of the purchase price**
About the Property
Welcome to the beautiful city of Guelph where your next flip/rental awaits! This detached bungalow consists of 2 beds, 2 bathrooms with a 1 bed apartment in the basement. The main floor has been completely gutted to the studs and would need to be finished. The stairs to the attic were an addition made by the current seller which need to be redone or removed. The main floor currently doesnt have a kitchen but it is awaiting the right buyer to add the touches needed. Luckily, the basement is absolutely TURN KEY, and freshly renovated. While the finishes in the basement are top line, it is absolutely ready to be rented from day 1! Step right in and offer on your next money making property!
About the Neighbourhood
The subject property is located in St Georges / St Patricks area of Guelph, a short walk to downtown Guelph! The nearby intersection is Elizabeth St and Huron St. Located a short walk to countless amenities, the property is located wonderfully for a rental, or even a young family looking to generate some income from their basement unit. Amenities such as local restaurants, local breweries, shops and grocery stores are all a short distance! Guelph is also has a fantastic transit system, with the GO train (which is a 10 minute walk from the property) connecting east to Toronto and West to Waterloo.
Property Details
- Detached Bungalow
- Two Unit dwelling
- 2 bedrooms 1 baths above grade
- 1 bedroom 1 bath below grade
- 772 sqft above grade
- 772 sqft below grade
- Built in 1900
- Basement appliances are included (Fridge, Stove, Washer, Dryer)
- Breaker panel, copper wiring
- Finished basement with separate entrance from the back of the house
- 1 bedroom unit in basement
- 7ft ceiling height, 6ft 5″ under the bulkhead
- Furnace owned, replaced in 2014
- HWT is owned, more than 15 years old
- Windows are in good condition, seller unsure of age
- Roof approximately 10 years old
- Single car detached garage
- Foundation stone, no leaks as per seller
- Garage roof dated and needs to be updated
- Property taxes are approximately $3269
- 39.5 ft x 165 ft lot
- Zoning D.1-3
Recommended Renovations
- Fully finish the main floor
- Remove stairs to attic (were not done to code)
- Pave driveway if desired
- Some foundation parging if desired, no leaks as per seller
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