MLS® ID: 30721396

162 COLE Road

Guelph, Ontario, N1G3Z8

$629,900 Active
  • 1428 SQFT
Offers a great investment opportunity! A sought after south end 2 units detached house with potential for addition of more units! A extra large triple driveway offers 6 car parking! Located in a very sought after south neighborhood, close to Stone Rd Mall and right on the bus route directly to University! The 4 bedrooms on upper unit and 2 bedrooms on lower unit offers great return for the money you invested! House is currently rented to a group of 6 for $3120/month till April, 2020. However, as todays market, this house could get up to $3900/month when you sign new lease, giving more 6% Cap Rate for your investment! 2.5 baths, 1.5 in upper and 1 in lower. This house is carpet-free for easy maintenance. New roof (2018) and newer windows (2016). Total expense on utilities for 2018: Hydro $3767; Gas $424; Reliance $310. Do not miss out the great opportunity to own this Turn Key Operation, Nothing but Collect Money! **** EXTRAS **** 2 Fridges, 2 Stoves, Washers/Dryers and 1 freezer. (id:18098)
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Listing courtesy of Century 21 Heritage House Ltd

Amenities

  • Zip
    N1G3Z8
  • Office name
    Century 21 Heritage House Ltd
  • SQFT
    1428
  • Property type
    Duplex
  • Zoning type
    RIB
  • Year built
    1987
  • Sewer
    Municipal water
  • Heating
    Baseboard heaters, Other
  • Agent name
    Jun Zhang
  • Price Range
    $600k-$700k
  • Square Feet Range
    1000-1500 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    85047
  • Agent ID
    1997504

Location

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