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$774,900
Available - For Sale
Listing ID: X11886891
Welcome to 48 Alma St S, a legal 2-unit property with the potential for a 3rd unit that offers an incredible investment opportunity in Guelph's sought-after Junction neighbourhood! Perfect for first-time buyers looking to break into the market, live in the beautifully renovated main floor unit while enjoying the benefit of having a significant portion of your mortgage covered. Alternatively, this property is an investor's dream, with the potential to convert into a 3-unit home that promises exceptional cash flow. The main floor unit has been completely renovated, featuring bright living and dining areas with laminate floors and oversized windows that fill the space with natural light. The modern eat-in kitchen boasts crisp white cabinetry, quartz countertops and lovely backsplash. 2 spacious bedrooms with hardwood floors and 4-piece bathroom with a tiled shower/tub complete the main floor. Sliding doors open to a private, tree-lined backyard, offering a peaceful outdoor retreat. The second unit, accessed by exterior stairs, is a self-contained space with its own kitchen, living room, 2 bedrooms and a full bathroom. There is a balcony providing private outdoor space! The unfinished basement is framed and pre-wired for a 2-bedroom apartment with a separate entrance and shared laundry. With minimal work, it could become a fully functional 3rd unit, dramatically boosting the property's rental income potential! Located steps from Fixed Gear Brewing Co. and a short walk to Howitt Park, the property is surrounded by local amenities. Its also just minutes from the Hanlon Parkway for easy access to Highway 401 and close to downtown Guelph, offering restaurants, boutique shops, nightlife and the GO Station. Whether you're looking to live in one unit and rent the others or create a fully income-generating triplex, this property is a rare chance to capitalize on a high-demand rental market!
Price $774,900
Taxes: $4,447.19
Assessment: $337000
Assessment Year: 2024
Address: 48 Alma St South , Guelph, N1H 5W7, Ontario
Lot Size: 50 x 76 (Feet)
Acreage: < .50
Directions/Cross Streets: Chadwick Ave
Rooms: 11
Bedrooms: 4
Washrooms: 2
Kitchens: 2
Family Room: N
Basement: Part Fin
Sep Entrance
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living 17.48 10.59
Room 2: Main 2nd Br 8.99 8.99
Room 3: Main Prim Bdrm 18.17 8.76
Room 4: Main Bathroom 0.00 0.00 4 Pc Bath
Room 5: Main Kitchen 8.50 7.08
Room 6: Main Dining 14.56 7.51
Room 7: 2nd Kitchen 7.84 6.00
Room 8: 2nd Living 12.00 15.42
Room 9: 2nd 3rd Br 18.01 8.43
Room 10: 2nd 4th Br 13.91 8.82
Room 11: 2nd Bathroom 0.00 0.00 4 Pc Bath
No. of Pieces Level
Washroom 1:  4 Main
Property Type: Detached
Style: 1 1/2 Storey
Exterior: Alum Siding
Garage Type: None
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 3
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1100-1500
Property Features: Library
Park
Place Of Worship
Public Transit
School
School Bus Route
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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RE/MAX Real Estate Centre Inc

48 Alma St South , Guelph, N1H 5W7, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Wellington
Municipality: Guelph
Neighbourhood: Central West
Style: 1 1/2 Storey
Lot Size: 50.00 x 76.00(Feet)
Approximate Age: 51-99
Tax: $4,447.19
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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