ON > Guelph
Guelph, ON N1G 1S1,59 College AVE W #B
Guelph, ON N1G 1S1,59 College AVE W #B
Guelph, ON N1G 1S1,59 College AVE W #B
Guelph, ON N1G 1S1,59 College AVE W #B
Guelph, ON N1G 1S1,59 College AVE W #B
Guelph, ON N1G 1S1,59 College AVE W #B
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LiLiT Hakobyan

LiLiT Hakobyan

+1(416) 816-5514
$ 2,250,000
Est. payment | /mo

4 Beds

1 Bath

Save
$ 2,250,000
Est. payment | /mo
Save

4 Beds

1 Bath

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X11936961

Style 2 1/2 Storey

Bedrooms 4

Annual Tax Amount $5,674

Tax Year 2024

Property Description

**Prime Investment Opportunity: Tear-Down Home on Spacious Lot - Steps from the University of Guelph!** Are you an investor, builder, or homeowner with a vision? This is your chance to own a prime piece of real estate just two minutes' walk from the University of Guelph. Located in a highly sought-after neighborhood, this large lot presents the perfect canvas for developing a triplex-ideal for student rentals, multi-generational living, or maximizing rental income. Currently housing a tear-down home, this property offers exceptional potential for redevelopment. The lot is generously sized, providing ample space to create a modern triplex with desirable amenities, all while benefiting from the unmatched convenience of being so close to campus. Whether you plan to build for personal use or as an income-generating investment, the location alone guarantees demand, ensuring high rental yields in an area with a constant flow of students and professionals. The large lot allows for innovative architectural designs, so you can maximize space, efficiency, and style while adding significant value to the property. With zoning options and ample room for expansion, this is more than just a home-its an opportunity to create something that works for the growing need for housing near the university. Contact us today to learn more about this incredible investment in the heart of Guelph!

Location

Province ON

County Wellington

Community Old University

Area Wellington

Region Old University

City Region Old University

Rooms

Family Room No

Basement None

Kitchen 1

Interior

Interior Features ERV/HRV, On Demand Water Heater, Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 54.0

Lot Depth 138.0

Total Parking Spaces 2

Building

Unit Features School,Park

Foundation Concrete

Listed by CENTURY 21 FIRST CANADIAN CORP
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"My job is to  deliver more results for you when you are buying or selling your property! "

+1(416) 816-5514

lilithak@yahoo.com

8854 Yonge St, L4C 0T, Hill, Ontario, Canada

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59 College AVE W #B