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$2,250,000
Available - For Sale
Listing ID: X11936961
**Prime Investment Opportunity: Tear-Down Home on Spacious Lot - Steps from the University of Guelph!** Are you an investor, builder, or homeowner with a vision? This is your chance to own a prime piece of real estate just two minutes' walk from the University of Guelph. Located in a highly sought-after neighborhood, this large lot presents the perfect canvas for developing a triplex-ideal for student rentals, multi-generational living, or maximizing rental income. Currently housing a tear-down home, this property offers exceptional potential for redevelopment. The lot is generously sized, providing ample space to create a modern triplex with desirable amenities, all while benefiting from the unmatched convenience of being so close to campus. Whether you plan to build for personal use or as an income-generating investment, the location alone guarantees demand, ensuring high rental yields in an area with a constant flow of students and professionals. The large lot allows for innovative architectural designs, so you can maximize space, efficiency, and style while adding significant value to the property. With zoning options and ample room for expansion, this is more than just a home-its an opportunity to create something that works for the growing need for housing near the university. Contact us today to learn more about this incredible investment in the heart of Guelph!
Price $2,250,000
Taxes: $5,674.46
Assessment: $430000
Assessment Year: 2024
Address: 59 College Ave West , Unit B, Guelph, N1G 1S1, Ontario
Apt/Unit: B
Lot Size: 54 x 138 (Feet)
Acreage: < .50
Directions/Cross Streets: Gordon St
Rooms: 6
Bedrooms: 4
Washrooms: 1
Kitchens: 1
Family Room: N
Basement: None
No. of Pieces Level
Washroom 1:  4 Main
Property Type: Triplex
Style: 2 1/2 Storey
Exterior: Alum Siding
Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 2
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Park
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Sewers: Sewers
Water: Municipal
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CENTURY 21 FIRST CANADIAN CORP

59 College Ave West , Unit B, Guelph, N1G 1S1, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Triplex
Area: Wellington
Municipality: Guelph
Neighbourhood: Old University
Style: 2 1/2 Storey
Lot Size: 54.00 x 138.00(Feet)
Approximate Age: 51-99
Tax: $5,674.46
Maintenance Fee: $0
Beds: 4
Baths: 1
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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