220 Gordon Street

220 Gordon Street
220 Gordon Street
220 Gordon Street
+47
37
 bed
21
 bath
24
 parking
9382 - 9382
 sqft
Multiplex
$7,599,000
Instant Estimate Not Available
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$7,599,000
Instant Estimate Not Available
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Size
-
Lot size
2023.34 sqm
Street frontage
-
Possession
-
Price per sqm
$8,714
Taxes
$34,091.58 (2024)
Parking Type
Detached Garage
Style
-
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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. 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.
Broker: KELLER WILLIAMS INNOVATION REALTY
MLS®#: 40680936
Property details
Parking:
24
Parking type:
Detached Garage
Property type:
Multiplex
Heating type:
Natural Ga
Style:
-
MLS Size:
872 sqm
Lot front:
48.77 M
Lot depth:
41.45 M
Listed on:
Nov 25, 2024
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Instant estimate:
Not Available

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Alex Moggy
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40680936
Listed by KELLER WILLIAMS INNOVATION REALTY

About 220 Gordon Street

220 Gordon Street is a Guelph multiplex for sale, near James Street East and Gordon Street. 220 Gordon Street has an asking price of $7599000, and has been on the market since November 2024. This 9382-9382 Squa multiplex has 37 beds and 21 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

Transit riders take note, 220 Gordon St, Guelph is only steps away to the closest public transit Bus Stop (Gordon / James Southbound) with route Mainline.

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