













































1/47183 ELIZABETH STREET, Guelph (St. Patrick's Ward), ON N1E2X5
$959,999 total
—
Asset Class
Multifamily
Size
—
Building class
B
Zoning
RF6 — Medium Density
$ / SF
—
Occupancy
90%
Some homes you really need to see to appreciate - this is one of them! This impeccably renovated bungalow offers so much more than meets the eye. Situated on a massive lot in the heart of St. Patrick's Ward, you're just steps from amazing parks and shopping, with a quick walk to downtown. Thoughtfully redesigned from the outside in, this bright and spacious home has a super cool vibe throughout, featuring handmilled woodwork and a build that's been reimagined literally from the inside out.Offering 2,000 sq. ft. of living space, you'll find three bedrooms, including a generous primary suite with a 49 sq. ft. walk-in closet, a convenient 4-piece bathroom, and main-floor laundry. At the heart of the home, the kitchen blends modern style with everyday function, featuring custom knotty pine cabinetry, quartz countertops, ample storage, a large island, and an industrial-sized refrigerator. The cozy living room fireplace flows seamlessly into the dining room, creating the perfect space for everyday living and entertaining.Downstairs, the finished basement features a legal accessory apartment, currently rented for $1,800/month, including utilities, offering immediate rental income and excellent potential for multigenerational living. The apartment includes a bedroom, 4-piece bathroom, spacious kitchen, and den. Outside, a detached 800 sq. ft. workshop offers incredible versatility for hobbies, projects, storage, or a home-based business. Extensive renovations throughout, including updated insulation, drywall, flooring, custom doors and trim, and beautifully finished bathrooms and kitchen, provide added peace of mind. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$32K
Annual cash flow
$-21K
Cash-on-cash
-7.33%
DSCR
0.60
Going-in cap
3.34%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
73,693
Households
28,911
Median income
$97,000
Median age
33.5
Daytime population
82,781
5-yr growth
7.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 183 ELIZABETH STREET, Guelph (St. Patrick's Ward).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.