107-109 WYNDHAM Street N , Guelph

Bed / $1,499,999 / MLS® Listing #:40199407

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Investors keep asking us for prime downtown real estate that actually shows a decent return. Challenge accepted! Let's start with a bit of history. This building was pretty well burned out a few years ago, then restored from the basement up. Gone is the old knob and tube wiring, the decaying galvanized water pipes, the leaky old windows. Rebuilt to fire code standards, while retaining the charm and character of its old stone exterior, here's the downtown moneymaker you have been wanting - with none of the bad old stuff that usually comes with it. However, it does come with 5 residential tenants upstairs who pay good rent for a comfortable private room of their own, then share a kitchen, common room and 2 baths. The main level and renewed basement are both home to Gin Mill, a trendy restaurant, bar and lounge which has set a new standard for relaxed downtown dining with style. It, too, pays good rent. Now you can reap the rewards of this excellent restoration, but first you should take a look and check out our story. It won't disappoint. (id:10452)

Property Details

Property Type Other
Square Feet
Maintenance N/A
Days On Our Website 130
Basement Finished - Full (Finished)
Lot Dimensions
Pool N/A
Area Guelph
Air Conditioning Central air conditioning
Heating - Forced air
Sewers Sanitary sewer, Storm sewer
Water Municipal water

Listing Office: Royal LePage Royal City Realty Brokerage

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