12 Foster Avenue, Guelph, ON N1H 3B3

Property Description

Investors, or live-in house hackers, discover a rare, turnkey opportunity to own a beautifully renovated fourplex in the heart of Guelph. Privately positioned at the end of Foster Street, this charming property has four stylish, self-contained one-bedroom apartments, blending modern finishes with carefully preserved character. Set on a generous 72-by-119-foot lot, the property provides five parking spaces and inviting outdoor areas for tenants to enjoy. Each lower-level apartment features its own private deck with direct access to the expansive lawn, while a substantial backyard storage shed offers convenient, weather-protected space for lawn mowers, snow plows and other property-maintenance equipment, it could also serve as an additional income source. Inside, each well-proportioned unit features a contemporary kitchen with an island for casual dining. The two upper apartments offer distinct, elevated living areas and sleek, modern bathrooms, while the lower units feature bright, open-concept layouts that connect the kitchen and living spaces. The lower apartments include in-suite laundry, while a shared laundry area conveniently serves the two upper units, consider coin laundry again to increase revenue. The location further enhances this exceptional investment opportunity. Just minutes from Downtown Guelph and within walking distance of The Junction, Fixed Gear Brewing, local cafes, Market Fresh, Farmers Market, Exhibition Park and Sunny Acres Park, tenants enjoy convenient access to shopping, dining, recreation and everyday amenities. Renovated, move-in ready, and ideally located, 12 Foster Street presents an outstanding opportunity to add a distinctive multi-residential property to your investment portfolio. Ask your REALTOR to review the listing supplements for a prepared projected-income statement and further financial details.