$799,000
Available - For Sale
Listing ID: X12177438
484 Speedvale Aven East , Guelph, N1E 1P2, Wellington


Don't miss this fantastic opportunity to own a legal duplex that offers incredible versatility and generates strong positive cash flow. Net income is over $4800 per month, situating this property at over 6.5% cap rate, making it an ideal addition to any investment portfolio! The main level boasts a spacious layout with 3 bedrooms and 1 full bathroom perfect for families or tenants. It also features a brand new washer and dryer unit for added convenience. The fully finished, legal basement has been newly renovated and offers incredible potential, featuring 2 spacious bedrooms and a versatile den that can easily be converted into a third bedroom or a home office, along with a full bathroom. It includes a brand new water tank, brand new appliances fridge, stove, washer, dryer, dishwasher, and microwave making it ideal for extended family, renters, or generating extra income. With a carport and 10 total parking spaces, this property is a rare gem. Conveniently located near schools, public transit, shopping, and parks, it's perfect for investors, multi-generational families, or anyone seeking flexibility and space in a thriving neighbourhood.
Price $799,000
Taxes: $3814.00
Tax Type: Annual
Occupancy: Tenant
Address: 484 Speedvale Aven East , Guelph, N1E 1P2, Wellington
Postal Code: N1E 1P2
Province/State: Wellington
Legal Description: LOT 1, PT LOT 2, PLAN 471 , AS IN MS5133
Directions/Cross Streets: Victoria St N / Speedvale Ave
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
Category: Apartment
Building Percentage: T
Total Area: 1007.00
Total Area Code:  Square Feet
Washrooms: 2
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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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.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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At a Glance:
Type: Com - Investment
Area: Wellington
Municipality: Guelph
Neighbourhood: Riverside Park
Style:
Lot Size: x 59.00(Feet)
Approximate Age:
Tax: $3,814
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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