201 Alma Street
Guelph, N1H 5X9
FOR SALE
$999,900

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Investment
CATEGORY1,972 Sq Ft
TOTAL AREAX12223950
MLSIDContact Us
Property Description
Prime Investment Opportunity in Guelph - The Perfect Co-Ownership Dream with Exceptional Rentability! Seize this rare opportunity to own a well-maintained, purpose-built triplex just minutes from downtown Guelph, offering a chance for friends or family to invest and live together or a fabulous property to add to your portfolio! Imagine the benefits of shared homeownership: live separately in your own private units, pooling resources to make homeownership more accessible and significantly reducing individual mortgage costs. Beyond the appeal for co-ownership, this triplex is a truly sound investment due to its exceptional rentability. Guelph consistently boasts a low vacancy rate and strong rental demand, so you can count on attracting and retaining quality tenants, ensuring a consistent and robust rental income stream. The property features lots of parking, a backyard, shared laundry, three spacious 2-bedroom units, each with large eat-in kitchens and recent upgrades to ensure long-term value and tenant appeal. The upper units boast private balconies, perfect for enjoying a morning coffee or evening chat. All residents will appreciate easy access to transit, the Hanlon Parkway, and everyday essentials just steps away. With Guelph's projected growth and strong rental market fundamentals, this isn't just a house; it's a chance to build a supportive community, and share expenses, all while securing a high-demand rental asset in Guelph. Don't miss out on securing this unique blend of independent living, collective financial growth, and proven investment potential!
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Property Details
Address
201 Alma Street
Community
City
Postal Code
N1H 5X9
Property Type
Investment, Investment
Use
Apartment
Zoning
R.4A
Lot Size
62' x 113'
Total Area
1,972 Sq Ft
Acreage
7,006.0 Feet
Taxes
$5,186 (2024
Heat Type
Radiant
Water
Municipal
Parking Spaces
8
Garage Type
Covered
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Listing contracted with Chestnut Park Realty (Southwestern Ontario) Ltd
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