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B - 59 College Avenue W Guelph (Old University), ON

$2,250,000
|
4 Beds
|
  1 Full
|

PROPERTY INFO

**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! (id:4555)

PROPERTY SPECS

Listing ID X11936961
Address B - 59 COLLEGE AVENUE W
City Guelph (Old University), ON
Price $2,250,000
Bed / Bath 4 / 1 Full
Construction Aluminum siding, Brick
Land Size 54 x 138 FT
Type Triplex
Status For sale

EXTENDED FEATURES

Appliances Water Heater - TanklessParking 2Amenities Nearby Park, SchoolsBuilding Amenities Separate Electricity MetersFoundation ConcreteHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2025-01-23 15:00:45Parking 2
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
Century First Canadian Corp, Raeanne Muir
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