An exceptional investment property ideally located ; with a hard- to- find city approved, legal 3 bedroom basement apartment. Only a two minute walk to bus stop with direct bus to the university of guelph. This 8 bedroom backsplit 5 level home is also conveniently located close to grocery store, restaurants, parks, and walking trails nearby. A quick drive to highways 6 north (hanlon) & the 401. Main floor features a dining, living room and new kitchen, installed in the last 3 years & there is also a dining/living room & optional bedroom. The lower level has a 3-pc bathroom, bedroom, family room, and a wet bar with a sink area (4 bathrooms total). There is a cozy upper wooden deck and a shaded fenced backyard with separate entrance (walk up) to 3 bedroom to basement apartment with shared laundry room. A total of 5 bedrooms upstairs, updated laminate and tile floors. Central stairs & paved driveway for 3-car parking. Whether you are an investor or a student /parent investor looking for a solid home to buy while your children are attending university or an owner occupied scenario -seeking an 'income helper' from the lower floor legal 3 bedroom apt. (also with a new kitchen). This home superbly checks outs on all three core tenets of real estate investment- price ( 8 beds under $1m)- timing (100% vacant possession april 30th 2026)- location (so close to everything!!) ) location location location !!!
Listing IDX12842900
Address129 RICKSON Avenue
CityGuelph, Ontario
Price$969,900
Bed / Bath8 / 3 Full
StyleOther, Detached
ConstructionVinyl Siding, Brick
TypeResidential
StatusFor Sale