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elevated & co. realty RE/MAX Escarpment

hello@elevatedandco.ca +1(905) 971-6777

Listed by Deanna Mendes • RE/MAX Escarpment Realty Inc.

$ 924,900

Est. payment | -/mo

5 Beds

3 Baths

2,698 SqFt

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$ 924,900

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

2,698 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,698 sqft

Price per Sqft $342

MLS Listing ID 40852590

Bedrooms 5

Abv Grd Liv Area 2,698

Year Built 1908

Annual Tax Amount $6,022

Property Sub-Type Multi-3 Unit

Source Cornerstone

Property Description

Perfectly positioned steps from downtown Guelph, this century triplex puts Exhibition Park, cafés, restaurants, boutique shopping and the Farmers' Market within easy walking distance, with the bus route right at the door. Locations with this level of walkability attract quality tenants and hold long-term rental demand. Three fully self-contained residential units, blending timeless architectural character with dependable income. Two are tenanted and the third sits vacant, so market rent is yours to set. Fully leased, projected gross rent is close to $70,000 a year providing a 5.9% CAP rate. Zoned MOC, Mixed Office/Commercial, which permits a broader range of residential and commercial uses than the current three units. This is a well-maintained century building. An electrical rewire was done in 2015 with permits, individual panels and meters per unit & interconnected smoke/CO2. Main sewer plumbing was replaced to the street in 2021. Furnace 2025. Front porch floor rebuilt and exterior painted in 2022.A strong addition to an established portfolio, and an equally strong first step for a buyer who wants to live in one unit and let the other two help carry the mortgage. The 2-bedroom main floor unit boasts original hardwood flooring, rich wood trim and stunning original pocket doors separating the living and dining rooms, the kind of craftsmanship that simply can't be replicated, plus a kitchen renovated in 2015. The second-floor unit offers two bedrooms, hardwood flooring, a flexible living room or den, four-piece bathroom, 2015 kitchen, and finished living space added in 2023. The third-floor suite is a bright one-bedroom with a cozy gas fireplace, galley kitchen, three-piece bathroom renovated in 2015 and a private balcony. Driveways on both sides, a deep backyard with full access for all three units, and shared laundry on the main floor. Leases, invoices and the full improvement list available on request.

Location

Province ON

County Wellington

Area City Of Guelph

Zoning R1B

Direction Clark Street W. to Woolwich

Rooms

Basement Walk-Out Access, Full, Unfinished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry Common Area

Exterior

Parking Features Asphalt

Roof Type Asphalt Shing

Porch Porch

Lot Frontage 53.0

Lot Depth 139.0

Garage No

Building

Lot Description Irregular Lot, Public Transit, Other

Faces Clark Street W. to Woolwich

Story 3

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Aluminum Siding,Brick

New Construction No

Others

Senior Community No

Tax ID 713000049

Ownership Freehold/None

Virtual Tour https://unbranded.youriguide.com/458_woolwich_st_guelph_on/

Elevating Your Journey Home

+1(905) 971-6777

hello@elevatedandco.ca

500 Brant St, Burlington, ON L7R 2G4, CAN

458 Woolwich Street Guelph, ON N1H 3X5