137 DOVERCLIFFE Road, Guelph, Ontario N1G3A5

Listing courtesy of RE/MAX Real Estate Centre Inc., Brokerage.

$635,000
4
BD
2
BA
1,300
SqFt

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List Price
$635,000
MLS®
40848868
Days on Market
10
Status
ACTIVE
Type
Townhome
Subtype
Single Family
Bedrooms
4
Bathrooms
2
Living Area
1,300
Subdivision
6 - Dovercliffe Park/Old University

Property Description

Attention investors! A turnkey investment opportunity comes with this fully rented home to add to your portfolio. Currently rented for $4,000/month + utilities (paid by tenants) with a lease in place until May '27, offering immediate and reliable returns. This is a fantastic opportunity to own a fully tenanted, income-generating property with strong cash flow. Excellent tenants in place have chosen to stay for another year. This well-maintained 3+1 bedroom, 1+1 full-bathroom townhome features a functional and spacious layout ideal for tenants. The main floor boasts a large eat-in kitchen with ample cabinetry, a separate dedicated dining area, and a bright, expansive living room with walkout access to a fully fenced private yard—perfect for outdoor enjoyment. Convenient main-floor laundry. Upstairs, you'll find three generously sized bedrooms and a 4-piece bathroom, providing comfortable living space for families or shared accommodations. The fully finished basement includes a large fourth bedroom, a 3-piece bathroom, and a utility room, maximizing rental potential. The private backyard overlooks green space and mature trees, offering peaceful views. There is also exclusive access to a community pool that provides a welcome retreat during warm summer days! Updates include: roof shingles '19, furnace '24, central air conditioning '22, water heater owned '24, and all flooring throughout all 3 levels. Bonus: The home is being sold fully furnished, making it a truly turnkey investment with minimal effort required. Don't miss this high-performing, hassle-free addition to your portfolio! Conveniently located near bus stops and quick access to Hanlon, the University of Guelph, and all the great amenities at Stone Rd Mall and the area. (id:5764)

Additional Information

Ownership
Condo/Strata
Hoa Fee
$286
Basement Features
Finished, Full
Basement
Yes
Garage
Yes
Subdivision
6 - Dovercliffe Park/Old University
Parking Spaces
2
Pool
Yes
Cooling
Central air conditioning
Country
Canada
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Lot Features
Paved driveway
Architectural Style
Other
Pool Features
Inground pool
Stories
2

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Calculator source: Real Geeks