Welcome to 15-142 York Rd, Guelph, an exceptional opportunity to own an affordable, turn-key 4-bedroom student rental with the potential for a 5th bedroom in a prime location! This well-maintained townhouse is an ideal choice for investors or parents seeking a secure and convenient living arrangement for their University of Guelph students. The home features a functional and efficient layout. The main floor offers a cozy living area, a well-appointed kitchen with ample cabinet space and a dining area. Upstairs, the second and third floors each host 2 identical bedrooms and a 4-piece bathroom with a shower/tub combo. The second-floor bedrooms enjoy access to a private balcony. The unfinished basement presents an exciting opportunity with 2 large egress windows, allowing for the potential of a fifth bedroom. This additional space could significantly increase rental income, making it an even more attractive investment. The property is situated in a well-managed complex with plenty of visitor parking, ensuring convenience for tenants and guests. This location is highly sought after by students, with easy access to the University of Guelph, downtown, public transit and local amenities. Rental demand in the area is strong, with students typically paying $1,000 per room, this property offers a lucrative investment, generating $4,000+ per month in rental income or over $5,000 with a 5th bedroom. With its functional layout, excellent location and the opportunity for expansion, this property is a rare find. Whether you're an investor looking for a high-demand rental or a parent securing housing for a student while building equity, this is an opportunity not to be missed! (id:47421)
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Detailed Information
Bedrooms
4
Bathrooms
2
Amenities Nearby
Park, Place of Worship, Public Transit, Schools
Community Features
Pet Restrictions, Community Centre
Equipment
Water Heater
Features
Balcony, In suite Laundry
Listing Contract Date
2025-03-10
Location Description
Neeve St
Maintenance Fee Payment Frequency
Monthly
Maintenance Fee Type
Insurance, Common Area Maintenance, Parking
Management Company
Trevarren Property Mgmt
Ownership Type
Condominium/Strata
# of Parking Spaces
1
Property Type
Single Family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
R.3A-20
Building
Age
16 to 30 years
Amenities
Visitor Parking
Appliances
Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Exterior Finish
Brick, Vinyl siding
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Type
Row / Townhouse
Rooms
Room
Level
Dimensions
Notes
Primary Bedroom
Second level
3.1 m x 2.49 m
Bedroom 2
Second level
3.58 m x 2.59 m
Bathroom
Second level
Measurements not available
Bedroom 3
Third level
3.1 m x 2.49 m
Bedroom 4
Third level
3.58 m x 2.59 m
Bathroom
Third level
Measurements not available
Living room
Main level
2.9 m x 2.26 m
Dining room
Main level
2.62 m x 2.26 m
Kitchen
Main level
2.84 m x 2.64 m
Parking Spaces
Name
Spaces
No Garage
Land
Amenities
Park, Place of Worship, Public Transit, Schools
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