Size
-
Lot size
353.03 sqm
Street frontage
E
Possession
Flexible
Price per sqm
$5,575 - $7,597
Taxes
$4,447.19 (2024)
Parking Type
-
Style
1 1/2 Storey
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Description
Welcome to 48 Alma St S, a legal 2-unit property with the potential for a 3rd unit that offers an incredible investment opportunity in Guelph's sought-after Junction neighbourhood! Perfect for first-time buyers looking to break into the market, live in the beautifully renovated main floor unit while enjoying the benefit of having a significant portion of your mortgage covered. Alternatively, this property is an investor's dream, with the potential to convert into a 3-unit home that promises exceptional cash flow. The main floor unit has been completely renovated, featuring bright living and dining areas with laminate floors and oversized windows that fill the space with natural light. The modern eat-in kitchen boasts crisp white cabinetry, quartz countertops and lovely backsplash. 2 spacious bedrooms with hardwood floors and 4-piece bathroom with a tiled shower/tub complete the main floor. Sliding doors open to a private, tree-lined backyard, offering a peaceful outdoor retreat. The second unit, accessed by exterior stairs, is a self-contained space with its own kitchen, living room, 2 bedrooms and a full bathroom. There is a balcony providing private outdoor space! The unfinished basement is framed and pre-wired for a 2-bedroom apartment with a separate entrance and shared laundry. With minimal work, it could become a fully functional 3rd unit, dramatically boosting the property's rental income potential! Located steps from Fixed Gear Brewing Co. and a short walk to Howitt Park, the property is surrounded by local amenities. Its also just minutes from the Hanlon Parkway for easy access to Highway 401 and close to downtown Guelph, offering restaurants, boutique shops, nightlife and the GO Station. Whether you're looking to live in one unit and rent the others or create a fully income-generating triplex, this property is a rare chance to capitalize on a high-demand rental market!
EXTRAS:
EXTRAS:
Broker: RE/MAX Real Estate Centre Inc
MLS®#: X11886891
Property details
Parking:
3
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
1 1/2 Storey
MLS Size:
102-139 sqm
Lot front:
15.24 M
Lot depth:
23.16 M
Listed on:
Dec 9, 2024
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Main | Living | 1.6 x 1.0 m | |
Main | 2nd Br | 0.8 x 0.8 m | |
Main | Prim Bdrm | 1.7 x 0.8 m | |
Main | Bathroom | 0.0 x 0.0 m | 4 Pc Bath |
Main | Kitchen | 0.8 x 0.7 m | |
Main | Dining | 1.4 x 0.7 m | |
2nd | Kitchen | 0.7 x 0.6 m | |
2nd | Living | 1.1 x 1.4 m | |
2nd | 3rd Br | 1.7 x 0.8 m | |
2nd | 4th Br | 1.3 x 0.8 m | |
2nd | Bathroom | 0.0 x 0.0 m | 4 Pc Bath |
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Instant estimate:
orto view instant estimate
$11,203
lower than listed pricei
High
$793,443
Mid
$763,697
Low
$715,749