ON > Guelph > 6 - Dovercliffe Park-Old University
Guelph, ON N1G1X3,220 GORDON Street
Guelph, ON N1G1X3,220 GORDON Street
Guelph, ON N1G1X3,220 GORDON Street
Guelph, ON N1G1X3,220 GORDON Street
Guelph, ON N1G1X3,220 GORDON Street
Guelph, ON N1G1X3,220 GORDON Street
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Roshan Basnet

Roshan Basnet

+1(647) 818-7373
$ 7,599,000
Est. payment | /mo

37 Beds

21 Baths

9,382 SqFt

Save Virtual Tour
$ 7,599,000
Est. payment | /mo
Save Virtual Tour

37 Beds

21 Baths

9,382 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 9,382 sqft

Price per Sqft $809

Subdivision 6 - Dovercliffe Park/Old University

MLS® Listing ID 40680936

Bedrooms 37

Originating Board Cornerstone - Waterloo Region

Property Sub-Type Freehold

Property Description

****Prime Multi-Family Property with a Historic Charm in Guelph in the old university area with Attractive low-cost 10-year assumable mortgage of $5.1 million****. This exceptional Multi-Family property portfolio embodies the best of all worlds with a blend of history and modern conveniences, these properties at 220 Gordon Street, 9 James Street, and 11 James Street East are sold under one title, offering a total of 21 units! Including 8 two-bedroom, 8 one-bedroom, 4 three-bedroom, and 1 studio apartment. Ample parking with 21 outdoor spaces and 3 garages there will never be a shortage of parking. Imagine living just a short stroll from the university of Guelph, a vibrant downtown area with a diverse selection of restaurants, and the picturesque Royal City Park. Tenants love these properties for exactly that, a 10-minute walk takes you to the university while Guelph transit is at your doorstep making it a prime spot for students , faculty & professionals alike. Historically, these properties have never had an issue leasing with their prime location driving strong rental demand. Thirteen units have recently undergone stylish renovations. Currently the properties have gross annual income of $428,524 with significant upside available upon tenant turnover. With available assumable mortgage these properties promise strong sustainable income with significant exposure to continued market value growth in the desirable Guelph market. Very low rate 10 year assumable mortgage & Proforma to see first hand the potential of this investment. This unique offering provides unmatched returns and growth for generations to come. (id:24570)

Location

Province ON

Interior

Cooling Wall unit

Exterior

Parking Features Yes

Community Features School Bus

View Y/N No

Total Parking Spaces 24

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold

Virtual Tour https://youriguide.com/220_gordon_st_guelph_on/

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Listed by KELLER WILLIAMS INNOVATION REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 818-7373

realtorbasnet@gmail.com

4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada

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220 GORDON Street