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Property Description
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!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2010-05-04 | 2010-05-30 | 27 | $199,900 | $195,000 | Sold |
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$3,299 (2024)
Basement
Full, Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 7.41' x 9.51' | |
| Dining | Main | 7.41' x 8.60' | |
| Kitchen | Main | 8.66' x 9.32' | |
| Prim Bdrm | 2nd | 8.17' x 10.17' | |
| 2nd Br | 2nd | 8.50' x 11.75' | |
| 3rd Br | 3rd | 8.17' x 10.17' | |
| 4th Br | 3rd | 8.50' x 11.75' |
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Guelph Market Statistics
Guelph Price Trend
142 York Rd 15 is a 4-bedroom 2-bathroom townhome listed for sale at $619,900, which is $115,266 (15.7%) lower than the average sold price of $735,166 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom townhome in Guelph declined by $144,834 (16.5%) compared to the previous 30 day period (December 22 - January 20) and up $90,200 (14.0%) from the same time one year ago.Inventory Change
There were 1 4-bedroom townhomes listed in Guelph over the last 30 days (January 21 - February 19), which is down 66.7% compared with the previous 30 day period (December 22 - January 20) and down 80.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom townhomes in Guelph typically sold $5,233 (0.7%) above asking price over the last 30 days (January 21 - February 19), which represents a $24,233 increase compared to the previous 30 day period (December 22 - January 20) and $13,700 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom townhomes in Guelph over the last 30 days (January 21 - February 19) stood at 300.0%, up from 33.3% over the previous 30 days (December 22 - January 20) and up from 60.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom townhome in Guelph stood at 13 days when successfully sold over the last 30 days (January 21 - February 19), compared to 0 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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