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Raymond Hau

[email protected] +1(416) 201-2001

$ 3,299,900

Est. payment -/mo

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Active

83 King ST Guelph, ON N1E 4P5

10 Beds

7 Baths

0.5 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision St. George'S

MLS Listing ID X12328667

Style 2-Storey

Bedrooms 10

Building Age 100+

Annual Tax Amount $15,570

Tax Year 2025

Lot Size 0.500 Acres

Property Sub-Type Multiplex

Property Description

RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 self-contained rental units on 1-acre lot making it a prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning income. W/ability to generate gross rents over $15,000/mth, vacant poss avail for setting market rents, W/strong potential to add 45 units at rear of property. 3D survey & prelim architectural plans have been completed & reviewed at City Hall W/positive feedback. Current application submitted for 5 units (in line W/CMHC priorities) though could be adapted to 4 if desired. This groundwork provides buyers W/confidence in immediate returns & future upside. Each unit blends historic character W/modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. GR W/crown moulding & bay window. Kitchen W/lots of cabinetry & centre island. Formal DR & sep FR for entertaining. Primary bdrm W/skylights & wall of closets. Garden doors open to deck. Renovated 3pc ensuite W/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to fin bsmt W/its own entrance, office W/exposed stone walls, wine cellar, full kitchen & flex living space-ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/fireplace & crown moulding. DR with B/I display nook & kitchen W/sleek cabinetry, S/S appliances, access to washer/dryer & side ent. Both bathrooms have W/I glass showers. Units 3 & 4: 2-bdrm 1-bath has charm W/modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen W/in-suite laundry. Unit 4: open-concept layout & fireplace in primary bdrm. Both have 3pc bath with W/I glass showers. Unit 5: 1-bdrm 1-bath W/open-concept living & dining, kitchen with S/S appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from downtown & walkable to shops, dining, transit & parks

Location

Province ON

County Wellington

Community St. George'S

Area Wellington

Rooms

Family Room No

Basement Finished, Walk-Out

Kitchen 6

Interior

Interior Features Water Softener

Cooling Wall Unit(s)

Fireplace Yes

Heat Source Other

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 38.3

Lot Depth 250.0

Total Parking Spaces 11

Building

Unit Features Hospital,Library,Park,Public Transit,Rec./Commun.Centre,School

Foundation Stone

Others

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Listed by RE/MAX Real Estate Centre Inc

Raymond Hau

Team Leader

+1(416) 201-2001

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Markham, ON

Raymond Hau

83 King ST Guelph, ON N1E 4P5

Key Details

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Rooms

Interior

Exterior

Building

Others

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83 King ST