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83 KING STREET Guelph

83 KING STREET, Guelph

$3,299,900

  • 10
  • 7
RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 beautiful self-contained rental units on 1-acre lot-prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning passive income. W/ability to generate gross rents over $15,000/mth, vacant poss available for setting market rents & possibility to add another 45 units at rear of property; city permitting for 4 & 5 units is pending & funding application for the 5-unit is within the CMHC guidelines, this property combines immediate returns W/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 provide space for entertaining. Primary suite W/skylights & wall of closets. Garden doors open to deck overlooking mature trees. Renovated 3pc ensuite W/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to finished bsmt W/its own entrance, office W/exposed stone walls, wine cellar, full kitchen & flexible living space-ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/hardwood, fireplace & crown moulding. Formal DR with B/I display nook & kitchen W/sleek cabinetry, S/S appliances, access to washer/dryer & side entrance. Both bathrooms feature W/I glass showers. Units 3 & 4: 2-berm 1-bath blend 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, white cabinetry & 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 vibrant downtown this property is walkable to shops, dining, transit & parks (id:45839)
  • Listing ID: X12328667
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Community Features: Community Centre
  • Features: Irregular lot size
  • Parking Spaces: 11
  • Transaction: For sale
  • Zoning Description: R1B

Building

  • Appliances: Water softener, All, Furniture
  • BasementType: N/A (Finished)
  • Basement Development: Finished
  • Basement Features: Walk out
  • Bedrooms Main Level: 10
  • Cooling: Wall unit
  • Exterior Finish: Brick, Stucco
  • Fireplace Present: True
  • Foundation: Poured Concrete
  • Bathrooms (Total): 7
  • Heating: Other
  • Size Interior: 5000 - 100000 sqft
  • Stories Total: 2
  • Type: Other
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Park, Public Transit, Schools
  • Sewer: Sanitary sewer
  • Size Depth: 250 ft
  • Size Frontage: 38 ft ,3 in
  • Size Irregular: 38.3 x 250 FT

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    This property for sale is located at 83 KING STREET in Guelph. It was last modified on August 8th, 2025. Contact Christine Smith to schedule a viewing or to discover other Guelph properties for sale.

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