159 Glasgow Street N, Guelph, ON N1H 4W7

$949,902
5
BD
5
BA
3,000
SqFt

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List Price
$949,902
MLS#
X13116220
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
5
Bathrooms
5
Living Area
3000-3500
Province
ON
Municipality
Guelph
Area
Wellington
Neighborhood
Downtown
Subdivision
Glasgow St N X Suffolk St W

Property Description

159 Glasgow Street presents a rare opportunity to acquire a fully tenanted 5-plex in one of Guelph's most consistently desirable rental locations. Situated just minutes from Downtown Guelph, parks, trails, and the GO Station, this property offers the kind of location tenants actively seek-supporting long-term rental demand and future investment stability.The building features a total of five residential units, including four 1-bedroom, 1-bathroom apartments and one bachelor suite. With all units currently tenanted, this is an ideal opportunity for investors looking to add a fully occupied multi-residential asset to their portfolio.Positioned in a strong rental corridor near downtown amenities, transit, shopping, restaurants, and commuter access, the property offers excellent long-term upside potential. Investors will appreciate the opportunity to increase revenue over time as units turn over and rents move toward current market rates.Additional features include four private driveway parking spaces along with nearby street parking-an added convenience in this central location.Whether you are a seasoned investor expanding your portfolio or looking to secure a multi-unit property in a high-demand rental area, 159 Glasgow Street offers a compelling combination of location, stable tenancy, and future income growth potential.

Additional Information

Taxes
$8,419
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Kitchens
5
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
4

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Neumann Real Estate.