This 4 2 bedroom and 1 1 bathroom bungalow located in the south end of Guelph is the perfect investment property! How would you like to gross an average rental income of $2600 per month?!
This one has it all! There is a separate entrance to the basement - possibility of building a kitchen in basement.
Location wise this home is just minutes from all amenities including: shopping centre (Stone Road Mall, Canadian Tire, Zellers), grocery stores, banks, restaurants and the University of Guelph. Not to mention it is just a quick drive to the 401.
This is a turn-key investment: All appliances, water softener and the furniture in all 6 bedrooms is also included! There are nice laminate floors throughout as well as solid wood cabinets in the kitchen. Recently upgraded windows and roof in great condition. Enough parking on the driveway for 6 cars and sheds beneath the porch and at the backyard for extra storage.
This home would be a great income generator or the perfect starter.
This home is in beautiful condition - act fast as it will not last! Please call or email to schedule your viewing!
For more pictures please visit:
https://picasaweb.google.com/100635245842171703145/ConroyCrescent?authkey=Gv1sRgCPG3u9r69Y7ZVA&feat=directlink
(copy and paste link into your browser)
Looking to close Summer 2013, possibly Spring 2013.
"The Land Transfer Tax in Guelph, Ontario based on the selling price of $279,900.00 is $2,674.00."
* See the land transfer tax formula for Ontario
+ $0 to $55,000.00 - land transfer tax is 0.5% + $55,000.00 to $250,000.00 - land transfer tax is 1.0 + $250,000.00 to $400,000.00 - land transfer tax is 1.5%
$400,000.00 and up - land transfer tax is 2.0%
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