159 Glasgow Street N, Guelph, ON N1H 4W7

$899,900
5
BD
5
BA
3,000
SqFt

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List Price
$899,900
MLS#
X13666600
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
5
Bathrooms
5
Living Area
3000-3500
Province
ON
Municipality
Guelph
Area
Wellington
Neighborhood
Downtown
Subdivision
Glasgow St N X Suffolk St W

Property Description

An excellent opportunity to add a fully occupied multi-residential property to your investment portfolio, 159 Glasgow Street North offers five tenanted units in a convenient central Guelph location. Just minutes from Downtown Guelph, the GO Station, parks, trails, shopping, restaurants, and everyday amenities, this property is well positioned in an area that continues to attract strong rental demand. The building is comprised of five residential units, including four 1-bedroom, 1-bathroom apartments and one bachelor suite. With all five units currently tenanted, investors can benefit from established rental income from day one, while maintaining the potential for future revenue growth as units turn over and rents transition toward current market rates. The central location adds to the property's long-term appeal, offering tenants convenient access to transit, commuter connections, downtown employment, entertainment, and recreation. Four private driveway parking spaces provide additional convenience, with nearby street parking also available. For investors looking to expand an existing portfolio or secure a multi-unit property in one of Guelph's established rental areas, 159 Glasgow Street North offers a compelling combination of location, existing tenancy, and long-term income potential.

Additional Information

Taxes
$8,419
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Kitchens
5
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
4
Parking Type
None

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Neumann Real Estate.