15 LAWRENCE Ave
Two Rivers, Guelph, N1E 5Y4
FOR SALE
$799,000
Terminated
$0
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2 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS4
ROOMSX9382162
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-04 | 2024-12-20 | 77 | $799,000 | - | Terminated |
| 2017-05-23 | 2017-07-23 | 61 | $459,900 | - | Expired |
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Property Description
Legal Duplex! Attention Investors Or First Time Buyers, This Is Your Opportunity To Get Into The Market! First Time Buyers, This 2 Bedroom Bungalow Could Be Your Way Into The Market. You Can Move In Upstairs And Rent Out The Basement To Help Pay Your Mortgage. This Is A Great Property For Investors Too As Both Units Are Separate And Can Be Rented Out! There Is Parking For Two And A Great Lot. Location Is Ideal, Close To Schools, Transit, Shopping And The Downtown Core, 5 Minutes To The University And A Short Walk To The River! Upstairs Features Living Room With Large Picture Window, 2 Bedrooms, A Nice Sized Upgraded Kitchen, Ensuite Laundry And A 4 Piece Bath. The Basement Unit Has 2 Bedrooms, A Large Kitchen, Living Room, 3 Piece Bathroom And Separate Laundry As Well.
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**LEGAL DUPLEX!** This is a tremendous investment opportunity or perfect house hack, offering a **7% cap rate** with **AAA tenants** in place. Renovated in 2022 by a professional investor, this bright and modern four-level back split delivers exceptional value and immediate income potential. The zoning also allows for an additional dwelling or 3rd unit.The main floor features a two-bedroom, one-bath unit with a newly upgraded **custom Barzotti kitchen**, complete with a breakfast bar, ample storage, and brand-new appliances, all within a carpet-free layout. The lower level, accessed through a **separate entrance**, boasts a private one-bedroom, one-bath unit, ideal for tenants seeking independent living or for the savvy buyer looking to offset living costs. Both units are modernly updated and meticulously maintained, with pride of ownership evident throughout. The oversized, private backyard adds to the property's appeal, offering space for relaxation or entertainment. Located on prestigious Country Club Drive, just steps from Golfview Park and close to all amenities, this property ensures high demand from renters. Don't miss out on this **turn-key investment** opportunity, underwriting information in supplements.
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