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Last Updated : 104 Days ago
220 Gordon St, Guelph, Ontario, Old University
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220 Gordon St, Guelph MLS Number: X9247549

Old University, Guelph, Wellington, ON, N1G 1X3

$7,750,000

Status: For Sale

  • Property Type: Commercial (Investment)
  • Property Taxes : $34091.00 (Tax Year:2024)
  • Listing Courtesy : Keller Williams Innovation Realty

220 Gordon St Property Description

****Prime Multi-Family Property with a Historic Charm in Guelph in the old university area with Attractive low-cost 10-year assumable mortgage of $5.1 million****. This exceptional Multi-Family property portfolio embodies the best of all worlds with a blend of history and modern conveniences, these properties at 220 Gordon Street, 9 James Street, and 11 James Street East are sold under one title, offering a total of 21 units! Including 8 two-bedroom, 8 one-bedroom, 4 three-bedroom, and 1 studio apartment. Ample parking with 21 outdoor spaces and 3 garages there will never be a shortage of parking. Imagine living just a short stroll from the university of Guelph, a vibrant downtown area with a diverse selection of restaurants, and the picturesque Royal City Park. Tenants love these properties for exactly that, a 10-minute walk takes you to the university while Guelph transit is at your doorstep making it a prime spot for students , faculty & professionals alike. Historically, these properties have never had an issue leasing with their prime location driving strong rental demand. Thirteen units have recently undergone stylish renovations. Currently the properties have gross annual income of $426,477 with significant upside available upon tenant turnover. With available assumable mortgage these properties promise strong sustainable income with significant exposure to continued market value growth in the desirable Guelph market. Calling all Multi-Family investors please contact us today to find out details about the very low rate 10 year assumable mortgage & Proforma to see first hand the potential of this investment. This unique offering provides unmatched returns and growth for generations to come.

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220 Gordon St Property Facts

Property Type :Commercial
MLS Number :X9247549
Listing Type :Sale
Property Age :100+ Years
Possession Date :
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Last Updated :09 Aug, 2024 (104 Days ago)
Source :TRREB
Area :Wellington
Community : Old University
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Postal Code : N1G 1X3
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220 Gordon St Property Price & Tax Insights

Price : $7,750,000
Property Taxes :$34091.00
Tax Year :2024

220 Gordon St, Guelph Property Details

Cross Street :Gordon and James
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220 Gordon St, Guelph - Price History

2024-08

09 Aug, 2024

TREB #X9247549

Available

$7750000.0

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  • 1.6M
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  • 24
  • 30+
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220 Gordon St - Location Map and Landmarks

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FAQs: 220 Gordon St, Guelph

  • Q:What is the Area Size of the 220 Gordon St In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately sq. ft and is strategically located in Wellington. The MLS No of this project is X9247549 and the Project is located in Ontario, Canada
  • Q: Does this Project 220 Gordon St available for Sale ?

    A: The project 220 Gordon St is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 220 Gordon St is Offering?

    A:Square Yards is giving a Cashback of $38,750 if you buy this property from us, however there are several key features offered by the 220 Gordon St. You get Beds with N/A Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 220 Gordon St, Wellington?

    A: 220 Gordon St, Wellington comes with Beds for maximum convenience and space. There are N/A baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Wellington, On?

    A:Wellington, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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