[$825,000] (5卧, 2卫, 4车位)

550 COLLEGE Avenue West

Multi-family

Guelph, Ontario N1G1T5

5 2 0(4) 700-1100 sqft

5 2 0(4)

700-1100 sqft

^$ 825,000

出售

地税联系经纪

管理费联系经纪

贷款月供 $2141

交接费用 $--起

Costco

房源动态

MLS®# 40507212

其他记录

2001.02.18 - 2001.02.18 MLS®# X11314401	已售出	$175,000
1990.07.27 - 1990.07.27 MLS®# X11374108	已售出	$150,000

房源信息

基本信息房间详情

MLS®#: 复制

类型: Multi-family

使用面积: 700-1100

占地面积: 联系经纪

车位: 4 Total Parking Spaces
0 Garage
0 Parking Spaces

上市时间: 2023-10-31

壁炉状态: False

供暖类型: Natural gas

空调类型: Central air conditioning

经纪公司: RE/MAX Real Estate Centre Inc Brokerage

房源描述

Given current home prices and interest rate levels, perhaps the best way to enter home ownership is to combine a place to live with an investment component. The upstairs of 550 College Ave. consists of 3 bedrooms, spacious living room and kitchen with solid Maple cabinets and a 4pc bath with soaker tub.. The kitchen has a walkout out to a deck where you can enjoy a large private fenced rear yard. This is an awesome place to live. The Investment component comes from the basement. I'm not talking about having your fingers crossed and hoping the market goes up. Hope is not an investment strategy. The two bedroom accessory apartment generates significant income. In todays market $ 1800.00 a month is the going rent. Taking advantage of high rental rates is prudent investment strategy. It's another income stream that can be used for any purpose you choose. Here's an example, if you have a 25 year mortgage and apply the full rental amount as an addition monthly payment to the mortgage, the mortgage is paid off in 15 years instead of 25 years. There are some other considerations for sure, but essentially you save $300,000 in mortgage interest dollars using other peoples money ( the tenants ). The entire property is in good repair and needs no capital expense. Terrific location on a direct bus route to the university. There are wonderful buying opportunities in todays market depending how you look at things. This is one of them. (id:20186)

: The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

: The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.