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$624,900
Available - For Sale
Listing ID: X12007510
113 Elizabeth Street is a fantastic 6-bedroom bungalow with a separate-entry lower level that could easily be converted into an in-law suite or accessory apartment, perfectly situated in the vibrant and evolving St. Patrick's Ward neighbourhood! With its 6-bedroom layout and a prime location within walking distance to both downtown Guelph and the University of Guelph, this property is an incredible opportunity for investors seeking a high cash-flowing student rental. The main floor features 4 spacious bedrooms with large windows and 4-piece bathroom with a shower/tub combination. The eat-in kitchen offers ample cupboard and counter space, complemented by a large window that brightens the space. A side entry provides access to the lower level, which currently features a wet bar and a generous living room with laminate floors and a charming brick-feature wall, 2 sizable bedrooms and a full bathroom. Located less than a 10-minute walk from downtown Guelph, the property offers easy access to restaurants, boutique shops, nightlife and the GO Station. It's within walking distance of the University of Guelph or just a short bus ride away. Nature lovers will appreciate being mere seconds from Hooper Street Park, which features a picturesque trail along the river and a community pool. This property offers flexibility, location and excellent potential for rental income, making it a smart choice for investors.
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $249,250 $498,500 $747,750 $997,000
First Mortgage $4,735,750 $4,486,500 $4,237,250 $3,988,000
CMHC/GE $130,233.13 $89,730 $74,151.88 $0
Total Financing $4,865,983.13 $4,576,230 $4,311,401.88 $3,988,000
Monthly P&I $20,840.63 $19,599.64 $18,465.4 $17,080.29
Expenses $0 $0 $0 $0
Total Payment $20,840.63 $19,599.64 $18,465.4 $17,080.29
Income Required $781,523.57 $734,986.44 $692,452.5 $640,511.06

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Real Estate Centre Inc

113 Elizabeth Stre , Guelph, N1E 2X4, Wellington

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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: St. Patrick's Ward
Style: Bungalow
Lot Size: x 80.00(Feet)
Approximate Age: 51-99
Tax: $3,655.41
Maintenance Fee: $0
Beds: 4+2
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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