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$949,000
Status: For Sale
Buy land! and if it happens to come with a huge 1,746 square foot ''they don't build them like they used to'' bungalow, then you are ahead of the game! 67 x 155 foot lot with TWO full driveways is a rare and wonderful find within the city. It affords you space to expand. The existing house does need a little work and updating. Currently, this massive bungalow is divided into two units. You could easily convert it back into a 5-bedroom single-family home, as that is what it was originally built for, a large family. The current setup is one 2-bedroom unit and one 1-bedroom unit. The city now allows three units on a property, so the potential to add a third unit is high. Rough math basing value on income potential: Unit 1 estimated value $480,000 + Unit 2 est. value $360,000 + Unit 3 est. value $360,000 = $1,200,000.00 subtract $250,000 in renovations = today's value of $950,000. Are you ready to invest in real estate?
Property Type | :Residential |
MLS Number | :40652970 |
Listing Type | :Sale |
Property Age | :51-99 Years years |
Possession Date | : |
Last Updated | :27 Sep, 2024 (6 Days ago) |
Source | :Guelph & District |
Area | :Wellington |
Community | : Onward Willow |
City | :Guelph |
Area Major | :City of Guelph |
Area Minor | :7 - Onward Willow |
Postal Code | : N1H 6G8 |
Directions | :Paisley Rd East from the Hanlon, Heath Rd. is your first left past Silvercreek Pkwy. |
Price | : $949,000 |
Property Taxes | :$6175 |
Tax Year | :2024 |
Bedrooms | :3 + |
No. of Rooms | :17 |
Air Conditioning | :Central Air |
Heating | :Forced Air |
Place of Worship | :No |
Cross Street | :Paisley Road Near Silvercreek Parkway |
Bathrooms | :3 |
Approx Square Footage | :1746 sqft |
Virtual Tour | :Virtual Tour (External Link) |
Bathroom | :3.38 m x 2.13 m |
Bathroom | :1.45 m x 2.26 m |
Recreation Room | :4.60 m x 9.40 m |
Foyer | :4.80 m x 1.88 m |
Living Room | :3.28 m x 3.63 m |
Bedroom | :3.38 m x 3.66 m |
Living Room | :4.80 m x 3.81 m |
Kitchen | :3.07 m x 4.34 m |
Bathroom | :1.55 m x 3.48 m |
Cold Room | :1.63 m x 6.32 m |
Parking Space | :5 |
Basement | :Full |
Garage | :1 |
27 Sep, 2024
TREB #40652970
Listed
$949000
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