60 units in Downtown Guelph

$8,000,000

Highlights

Units

51+9


Stories

4


Price Per Unit

$133,333


Lot Size

95' x 107'


Cap Rate

6.5%

Picture of listing property

51 residential units plus 9 commercial units in Downtown Guelph, at approximately $133k per unit with tremendous upside potential. Less than a 10 minute drive to The Guelph Country Club and a 6 minute walk to the nearest park. Coin operated laundry onsite. Clean Environmental 2020, New 3 year old Gas Steam Boiler, Plumbing upgraded in several sections of the building, 50% of the tenants pay their own Hydro. Building in need of TLC & New Management.


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All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchased.