If you are looking for a way to secure land to position yourself ahead of the impending zoning use changes to residential land in the City of Guelph, we've got an asset here that is well positioned for the future, and has solid cash flowing financials today. This newly renovated, legal 2-unit home sits adjacent to several transit corridors, including bike lanes and multiple bus routes to campus, downtown and anywhere you need to be. Nearby shopping plazas provide extra value for future tenants. The home comes fully tenanted until April 30th, 2024, so you can start cashing rent cheques the day you take possession. Looking for your kids? Reach out and find out how we can secure them accommodation this year and move them into this home when the lease expires, and after you've made a tidy profit in your first year. This 53x101 lot will offer a lot of potential under the proposed RL zoning, and with the location in the heart of Guelph surrounded by schools, transit, trails and shopping, this would make a great piece of a growing real estate portfolio. Call today to chat more about this opportunity - or comment on our latest social media post. We always enjoy good real estate banter. (id:10452)

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Listing Office: Coldwell Banker Neumann Real Estate Brokerage