italianate home with brick siding, a chimney, and a fenced front yard Features: fence More Photos

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    For Sale - 83 King Street, Guelph, Ontario

    Est payment $16,357/mo
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    Time on Jump  89 day

    AI Summary *

    • Restored heritage estate featuring 5 self-contained rental units on a 1-acre lot.
    • Strong cash flow potential with gross rents over $15,000/month available.
    • Opportunity to expand with potential for 4-5 additional units.
    • Each unit combines historic charm with modern functionality and conveniences.
    • Close to downtown, shops, dining, transit, and parks for great accessibility.




    Rare investment opportunity in heart of guelph! Fully restored heritage estate offers 5 self-contained rental units on 1-acre lot making it a prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning income. W/ability to generate gross rents over $15,000/mth, vacant poss avail for setting market rents, w/strong potential to add 4-5 units at rear of property. 3d survey & prelim architectural plans have been completed & reviewed at city hall w/positive feedback. Current application submitted for 5 units (in line w/cmhc priorities) though could be adapted to 4 if desired. This groundwork provides buyers w/confidence in immediate returns & future upside. Each unit blends historic character w/modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. Gr w/crown moulding & bay window. Kitchen w/lots of cabinetry & centre island. Formal dr & sep fr for entertaining. Primary bdrm w/skylights & wall of closets. Garden doors open to deck. Renovated 3pc ensuite w/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to fin bsmt w/its own entrance, office w/exposed stone walls, wine cellar, full kitchen & flex living space-ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, lr w/fireplace & crown moulding. Dr with b/i display nook & kitchen w/sleek cabinetry, s/s appliances, access to washer/dryer & side ent. Both bathrooms have w/i glass showers. Units 3 & 4: 2-bdrm 1-bath has charm w/modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen w/in-suite laundry. Unit 4: open-concept layout & fireplace in primary bdrm. Both have 3pc bath with w/i glass showers. Unit 5: 1-bdrm 1-bath w/open-concept living & dining, kitchen with s/s appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from downtown & walkable to shops, dining, transit &parks
    Listing IDX12328667
    Address83 King Street
    CityGuelph, Ontario
    Price$3,299,900
    Bed / Bath10 / 7 Full
    Style2-Storey, Multiplex
    ConstructionBrick, Stucco (Plaster)
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Water SoftenerAmenities Hospital, Library, Park, Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdBasement Finished, Walk-OutFoundation StoneHeating / Cooling OtherHeating Fuel OtherSewer Sewer

    Parking 11.00
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    Listing Agency:  RE/MAX Real Estate Centre Inc
    Hospital
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    83 King Street
    Guelph , Ontario
    10 7 $3,299,900
    Get more info