Guelph, ON N1E 4P5,83 King Street
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Guelph, ON N1E 4P5,83 King Street
Guelph, ON N1E 4P5,83 King Street
Guelph, ON N1E 4P5,83 King Street
Guelph, ON N1E 4P5,83 King Street
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Team Rocca

Team Rocca

The Rocca Sisters Team

+1(905) 335-4102
Listed by Bradley Wylde • RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
$ 3,299,900
Est. payment /mo
Active

83 King Street Guelph, ON N1E 4P5

10 Beds

7 Baths

6,700 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-5 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 6,700 sqft

Price per Sqft $492

MLS Listing ID 40755047

Bedrooms 10

Abv Grd Liv Area 6,700

Year Built 1880

Annual Tax Amount $15,570

Property Sub-Type Multi-5 Unit

Source Cornerstone

Property Description

RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 self-contained rental units on 1-acre lot making it a prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning income. W/ability to generate gross rents over $15,000/mth, vacant poss avail for setting market rents, W/strong potential to add 4–5 units at rear of property. 3D survey & prelim architectural plans have been completed & reviewed at City Hall W/positive feedback. Current application submitted for 5 units (in line W/CMHC priorities) though could be adapted to 4 if desired. This groundwork provides buyers W/confidence in immediate returns & future upside. Each unit blends historic character W/modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. GR W/crown moulding & bay window. Kitchen W/lots of cabinetry & centre island. Formal DR & sep FR for entertaining. Primary bdrm W/skylights & wall of closets. Garden doors open to deck. Renovated 3pc ensuite W/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to fin bsmt W/its own entrance, office W/exposed stone walls, wine cellar, full kitchen & flex living space—ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/fireplace & crown moulding. DR with B/I display nook & kitchen W/sleek cabinetry, S/S appliances, access to washer/dryer & side ent. Both bathrooms have W/I glass showers. Units 3 & 4: 2-bdrm 1-bath has charm W/modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen W/in-suite laundry. Unit 4: open-concept layout & fireplace in primary bdrm. Both have 3pc bath with W/I glass showers. Unit 5: 1-bdrm 1-bath W/open-concept living & dining, kitchen with S/S appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from downtown & walkable to shops, dining, transit &parks

Location

Province ON

County Wellington

Area City Of Guelph

Zoning R1B

Direction Eramosa Rd

Rooms

Other Rooms Shed(s)

Basement Walk-Out Access, Full, Finished

Kitchen 0

Interior

Heating Other

Cooling Wall Unit(s)

Fireplace No

Window Features Skylight(s)

Appliance Oven, Water Softener, Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Parking Features Asphalt

Roof Type Asphalt Shing

Lot Frontage 38.3

Garage No

Building

Lot Description Irregular Lot, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, School Bus Route, Schools, Shopping Nearby

Faces Eramosa Rd

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Stucco

New Construction No

Others

Senior Community No

Tax ID 713220035

Ownership Freehold/None

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agent

Team Rocca

Owner

+1(905) 335-4102

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83 King Street