Explore this exceptional investment opportunity: a 6-unit residential building showcasing diligent maintenance and numerous upgrades by the current owners. Significant improvements include a new roof (2018), enhanced downspouts and eavestroughs with leaf guards (2019), and a state-of-the-art high-efficiency boiler system installed in 2015. In 2020, the building was further upgraded with a high-efficiency water heater and new mailboxes. The property also features replaced windows from 2015 for improved insulation and aesthetics. A thoughtful addition is the LED timer lighting in common hallways and laundry areas, ensuring energy efficiency and safety. For comprehensive financial details and further information, we invite interested parties to connect with their real estate professional.
View full listing details| Price: | $$2,200,000 CAD |
| Address: | 350 Paisley Road |
| City: | Guelph |
| County: | Wellington |
| State: | Ontario |
| Zip Code: | N1H 2P9 |
| MLS: | 40514970 |
| Year Built: | 1962 |
| Square Feet: | 4,643 |
| Bedrooms: | 11 |
| aboveGradeFinishedArea: | 3111 |
| aboveGradeFinishedAreaUnits: | Square Feet |
| acresRange: | < 0.5 |
| appliances: | Hot Water Tank Owned |
| associationFee2Frequency: | Monthly |
| basement: | Walk-Out Access, Full, Finished |
| bathroomsTotalInteger: | 6 |
| belowGradeFinishedArea: | 1532 |
| belowGradeFinishedAreaUnits: | Square Feet |
| buildingAreaUnits: | Square Feet |
| commonInterest: | Freehold/None |
| constructionMaterials: | Metal/Steel Siding, Vinyl Siding, Wood Siding |
| cooling: | None |
| coolingYN: | no |
| country: | CA |
| currentPrice: | 2200000 |
| directions: | Closest intersection: Paisley St and Alma St N |
| dockingYN: | no |
| drivewayParking: | Outside/Surface/Open |
| electricExpense: | 4061.4 |
| elementarySchool: | Www.Findmyschool.Ca |
| exclusions: | All Tenant Belongings |
| expenses: | Actual |
| farmLandAreaUnits: | Square Feet |
| feedTypes: | IDX |
| fireplaceYN: | no |
| foundationDetails: | Poured Concrete |
| frontageLength: | 52.00 |
| garageYN: | no |
| heating: | Radiant |
| heatingExpenses: | 3412.02 |
| heatingYN: | yes |
| highSchool: | Www.Findmyschool.Ca |
| hstApplicableToSalePrice: | Included |
| inclusions: | Hot Water Tank Owned,Washer, Dryer, Kitchen Appliances. |
| insuranceExpense: | 4786.56 |
| interiorFeatures: | None |
| laundryFeatures: | Common Area |
| livingArea: | 3111 |
| lotDepth: | 101 |
| lotFeatures: | Ample Parking, City Lot, Park, Place of Worship, Playground Nearby, Public Transit, Schools, Shopping Nearby |
| lotSizeDimensions: | 101 x 52 |
| mlsAreaMajor: | City of Guelph |
| mlsAreaMinor: | 7 - Onward Willow |
| mlsStatus: | Active |
| netIncome: | 91725.38 |
| newConstructionYN: | no |
| numberOfUnitsTotal: | 6 |
| openParkingSpaces: | 6 |
| openParkingYN: | yes |
| parkingTotal: | 6 |
| propertyCondition: | 51-99 Years |
| ratioCurrentPriceByAboveGra: | 707.16811 |
| roof: | Shingle |
| seniorCommunityYN: | no |
| sewer: | Sewer (Municipal) |
| storiesTotal: | 2 |
| surveyType: | None |
| taxAnnualAmount: | 6600.16 |
| transactionType: | Sale |
| waterSource: | Municipal |
| waterfrontYN: | no |
| yearRoofReplaced: | 2018 |
