337 Gordon Street Guelph, Ontario N1G 1X7
$1,399,999
Massive Student Rental Cash Flow Opportunity! This is it—the investment property you’ve been waiting for in Guelph’s thriving student rental market - minutes from campus and with transit right outside, this legal, 10-unit lodging house is a goldmine for serious investors. Fully set up and ready to generate income, this property features: A 2-bedroom attic unit w/ full kitchen & 4 piece bathroom. This unit has has a french tub, abundance of natural light, & wall to wall closets. Main floor has two 2 large bedrooms, oversized eat in kitchen, 2 piece bathroom & Four bedrooms on the 2nd floor with another 4-piece bath, Basement suite with a 2 bedrooms unit with full kitchen & 4 piece bathroom. Each floor is complete with a common room for tenants & coin operated laundry in the basement. Fully furnished rooms – students can move right in! Lots of natural light & storage throughout well maintained and completely turnkey, this property offers strong income & growth for years to come ! The new owner has the opportunity to lease out the majority of the rooms at Market rent to ensure maximum income just in time for the upcoming school year. (id:37788)
Property Details
| MLS® Number | 40728206 |
| Property Type | Multi-family |
| Amenities Near By | Golf Nearby, Park, Place Of Worship, Public Transit, Schools, Shopping |
| Community Features | School Bus |
| Equipment Type | Water Heater |
| Features | Paved Driveway, Laundry- Coin Operated |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 10 |
| Appliances | Water Softener |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1910 |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Stories Total | 3 |
| Size Interior | 3352 Sqft |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Golf Nearby, Park, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 116 Ft |
| Size Frontage | 41 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rl.1 |
https://www.realtor.ca/real-estate/28324772/337-gordon-street-guelph
640 Riverbend Dr.
Kitchener, Ontario N2K 3S2
(519) 570-4447
https://kwinnovationrealty.com/
640 Riverbend Drive, Unit B
Kitchener, Ontario N2K 3S2
(519) 570-4447
www.kwinnovationrealty.com/
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May 21 2025 01:44:25
Kitchener-Waterloo Association of REALTORS®
Keller Williams Innovation Realty