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Yuvraj Sharma

Realtor
C 21 Realty Centre, Brokerage Independently owned and operated. 8550 Airport Road, Brampton, Ontario L6T5A3 Cell: 647-961-7334Office: 905-783-1000

$1,499,000
Available - For Sale
Listing ID: X12055152
486 College Aven West , Guelph, N1G 1T5, Wellington


This prime property on College Avenue W. in Guelph measures 100ft x 150ft and offers a great opportunity for investors and homeowners. The 3,279.01 sf bungalow includes a legal accessory basement apartment and is conveniently accessible to Hwy 6. Currently leased to students, visitors are requested to respect their privacy and study time. The property accommodates 6+ cars and generates significant rental income, aiding in mortgage costs and increasing equity. With ample space, there's potential for additional living areas. Zoning allows division into two 50' lots, as identified in plans and city comments. Fully serviced with municipal utilities, the lot severance meets all zoning and intensification requirements. Ideal for developers, builders, investors, and homeowners, this sought-after area is near schools, parks, and conveniences. The upper floor features a renovated kitchen, laundry room, 3 updated bedrooms, 2 bathrooms, and stunning views. The renovated basement offers upgraded windows, high ceilings, a spacious recreational area, and a 3-piece bath. Close to the University of Guelph, top-rated schools, shopping centers, and major highways, this property is perfect for future homeowners valuing comfort and convenience. It includes a legal self-contained unit and basement suite, generating strong rental income to assist with mortgage payments. The property is sold "As Is Where Is," with no representations or warranties from agents or the vendor.
Price $1,499,000
Taxes: $7033.00
Tax Type: Annual
Occupancy: Vacant
Address: 486 College Aven West , Guelph, N1G 1T5, Wellington
Postal Code: N1G 1T5
Province/State: Wellington
Legal Description: LOT 9, PLAN 475; GUELPH
Directions/Cross Streets: Devere Drive
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 3279.01
Total Area Code:  Square Feet
Washrooms: 3
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Personal Picture
Yuvraj Sharma
Realtor
Dir:
647-961-7334
Bus:
905-783-1000
 
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At a Glance:
Type: Com - Investment
Area: Wellington
Municipality: Guelph
Neighbourhood: Dovercliffe Park/Old University
Style:
Lot Size: x 150.00(Feet)
Approximate Age:
Tax: $7,033
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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