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Last Updated : 52 Days ago
220 Gordon Street, Guelph, ON, Old University
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220 Gordon Street, Guelph MLS Number: 40680936

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

$7,599,000

Status: For Sale

  • 37+ Beds
  • 21 Baths
  • Area : 9382 sqft
  • Property Type: Residential Income (Multi Family)
  • Property Taxes : $34091.58 (Tax Year:2024)
  • Listing Courtesy : Keller Williams Innovation Realty

220 Gordon Street 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 $428,524 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. 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 Street Property Facts

Property Type :Residential Income
MLS Number :40680936
Listing Type :Sale
Property Age :100+ Years
Possession Date :
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Last Updated :24 Jan, 2025 (52 Days ago)
Source :Waterloo Region
Area :Wellington
City :Guelph
Area Major :City of Guelph
Area Minor :6 - Dovercliffe Park/Old University
Postal Code : N1G 1X3
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Directions :GPS

220 Gordon Street Property Price & Tax Insights

Price : $7,599,000
Property Taxes :$34091.58
Tax Year :2024

220 Gordon Street, Guelph Property Details

Bedrooms :37 +
Air Conditioning :Wall Unit(s)
Heating :Natural Gas
Cross Street :James Street East & Gordon Street
Bathrooms :21
Approx Square Footage :9382 sqft
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220 Gordon Street, Guelph - Price History

2024-11

25 Nov, 2024

TREB #40680936

Listed

$7,599,000

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  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
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  • 6
  • 12
  • 18
  • 24
  • 30+
  • $38,504
  • $13,861,085
  • $6,262,085

220 Gordon Street - Location Map and Landmarks

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FAQs: 220 Gordon Street, Guelph

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

    A: The project covers an area of approximately 9382 sq. ft and is strategically located in Wellington. The MLS No of this project is 40680936 and the Project is located in ON, Canada
  • Q: Does this Project 220 Gordon Street available for Sale ?

    A: The project 220 Gordon Street 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 Street is Offering?

    A:Square Yards is giving a Cashback of $37,995 if you buy this property from us, however there are several key features offered by the 220 Gordon Street. You get 37+ Beds with 21 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 Street, Wellington?

    A: 220 Gordon Street, Wellington comes with 37+ Beds for maximum convenience and space. There are 21 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, ON 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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