77 ERIE STREET S
- 17 bath
- 1 ac
$1,890,000
Your
status: Active
For sale
Property Type
Multi-family
- Building Type
- Multi-Family
- Land Size
- 1.188 ac
- MLS®#
- X14119516
- Listed By
- BLUE FOREST REALTY INC.
Rent vs Buy
Making the Right Financial Choice
Need a Mortgage?
Rates as low as
4.99%
Located near the University of Guelph, Ridgetown Campus, home to one of the provinces leading Vet Tech programs, this property is a regularly fully occupied student rental generating over 200,000 in gross annual revenue. The property features two separate buildings with a total of 18 rental units, offering a unique combination of income, flexibility, and strong rental demand. The main building features 10 bachelor units, each with its own 3-piece bathroom and kitchenette, along with one 1-bedroom unit and a spacious 2-bedroom unit. The second building offers 5 full bathrooms and 6 individual bedrooms. This property also offers ample parking, 6 washerdryer stations, FOB entry, and a full-size common kitchen. With strong student demand, excellent rental income, and a versatile layout, this is a fantastic opportunity for an investor looking for a turn-key, income-producing property. (id:6772)
Property
Transaction Type
For sale
Land Size
1.188 ac
MLS®#
X14119516
Inside
Bathrooms
17
Fireplace
False
Building
Heating
Forced air
Heating Fuel
Natural gas
Cooling
Fully air conditioned
Utilities
Water
Municipal water
Land
Location Description
Community Name
Ridgetown
Land Size
1.188 ac
Size Interior
1 ac
Listed by
BLUE FOREST REALTY INC.
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association.
