50 Toronto Street

Nestled in the vibrant community of St. Patrick's Ward, 50 Toronto Street, Guelph, presents an exceptional opportunity for savvy investors. This Multi-Family Home for sale in Guelph is ideally situated just a stone's throw from the university, ensuring a steady stream of potential tenants and minimising vacancy risks throughout the year. With its prime location, this property is a true gem for those looking to tap into the lucrative student rental market.

The building itself is a charming 2-storey multiplex constructed from sturdy brick, offering both durability and character. This Multi-Family Home for sale in Guelph boasts an impressive six spacious bedrooms, providing ample living space for students or families alike. Additionally, there is a den that can serve as a study or a quiet retreat. The layout is designed for maximum occupancy, with the potential to convert the partially finished basement into a seventh bedroom, further enhancing its rental appeal.

With a total of 17 rooms, including three full bathrooms, this property is designed for convenience and efficiency. The presence of multiple bathrooms ensures hassle-free tenant turnover, making it an attractive option for renters who value their privacy. The kitchen is well-equipped, catering to the needs of busy students or families, while the family room offers a welcoming space for relaxation and socialising.

One of the standout features of this Multi-Family Home for sale in Guelph is its commitment to low maintenance. The property is fitted with a durable steel roof, and the newer windows and doors contribute to its energy efficiency. The forced air heating system ensures warmth during the colder months, while the municipal water and sewer services provide peace of mind for residents. Although there is no air conditioning or central vacuum system, the property's design maximises comfort and practicality.

Situated on a manageable lot measuring 33 by 66 feet, 50 Toronto Street, Guelph, offers a modest outdoor space without the burden of extensive upkeep. While there is no garage or driveway, the property includes parking space for two vehicles, a valuable feature in this bustling area. The absence of a pool and fireplace may seem like drawbacks, but they allow for a more straightforward maintenance routine, which is ideal for busy landlords.

The location of this Multi-Family Home for sale in Guelph cannot be overstated. With easy access to public transport and local amenities, residents will find everything they need within reach. The proximity to the university not only guarantees high demand for rental units but also places tenants in a lively neighbourhood filled with shops, cafes, and recreational facilities. This blend of convenience and community makes 50 Toronto Street, Guelph, a highly desirable address for potential renters.

In conclusion, if you're looking to expand your property portfolio, this Multi-Family Home for sale in Guelph is a fantastic opportunity. With its strategic location, spacious layout, and low-maintenance features, it promises to be a reliable source of income for years to come. Don't miss your chance to invest in this prime property at 50 Toronto Street, Guelph. Contact us today to explore this remarkable investment opportunity and crunch the numbers. Your future in the thriving Guelph rental market awaits!

St. Patrick's Ward, nestled in the heart of Guelph, is a vibrant and historic neighbourhood that beautifully blends the charm of its heritage with the conveniences of modern living. Characterised by its tree-lined streets and a mix of architectural styles, the area boasts a strong sense of character and community spirit. Residents enjoy proximity to local parks, quaint shops, and a variety of dining options, all within walking distance. The ward is well-connected by public transport, making it easy to access the wider city and beyond. With its rich cultural tapestry and welcoming atmosphere, St. Patrick's Ward offers a delightful setting for anyone looking to call Guelph home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest elementary schools include Central Public School (1.3 km away) and John McCrae Public School (1.4 km), both offering English instruction for grades JK to 8, with ratings of 7.2 and 6.5 respectively. For those seeking French immersion, École King George Public School is also nearby, providing education from JK to 8 and rated at 6.9. For secondary education, Guelph Collegiate Vocational Institute (1.9 km) stands out with a strong rating of 8.3, while John F. Ross Collegiate Vocational Institute (2.0 km) offers French instruction and has a rating of 7.2. Additionally, St. John Catholic School (1.8 km) and St. John Bosco Catholic High School (1.2 km) provide Catholic education options, though they currently do not have ratings available. With a variety of educational choices within a short distance, this property is ideal for families prioritizing access to quality schooling in both English and French.