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$2,099,000
Guelph
93 VAUGHAN Street, Guelph, Ontario, N1G0B3
This multi-family property in Guelph is for sale offering roughly 1,971 sq ft of space. It has been on the market 30 days, fresher than the Guelph average of 63 days.
Rare turnkey two unit south end Guelph investment with a custom Reid’s Heritage “Woodmeyer” bungalow with two fully furnished rental units, backing onto Preservation Park and 27 hectares of protected forest and trails, five minutes to groceries, coffee and the University of Guelph, and about ten minutes to the 401. Nearly 3,900 sqft. of finished space across two levels. The main floor suite opens through a columned stone portico and 11 foot foyer into a vaulted great room with linear fireplace, built-ins and floor to ceiling windows. The kitchen is fully equipped for premium tenants, white cabinetry, quartz island with seating, marble backsplash, stainless Thermidor refrigeration and a Thermidor Pro Series gas range, flowing into a dining area with sliders to a covered composite deck with outdoor seating, ceiling fan and TV. The primary bedroom has an arched window and custom walk-in, two further main floor bedrooms complete this level. Downstairs is a self contained walkout suite with its own kitchen including range, fridge, sink and peninsula, living area, stacked laundry, bedrooms and bath, plus French doors to a covered patio and interlocking courtyard. Separate lower access supports true two unit use. Originally built and registered with an accessory self contained suite. Both units are offered furnished at $5,885 per month for the Upper, and $4,995 for the lower. Stone and stucco bungalow exterior, double garage, and a rear yard that drops to parkland. A ready dual income asset in a location tenants do not leave lightly. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 30 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This multi-family in Guelph has been listed for 30 days, which is 33 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,099,000, about 21.4× the local median household income of $98,000.
Carrying it typically needs a household income of about $410,008 (20% down, 25-yr amortization, stress-tested) — roughly 318% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1G)
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Loading rates, 30-yr amortization
Cash Needed to Close
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