$949,000

Est. payment - /mo

3 Beds

3 Baths

Pending

17 HEATH RD Guelph, ON N1H 6G8

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Kenneth Yim

ken@broadviewavenue.ca +1(647) 496-2269

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Junction/Onward Willow

MLS Listing ID X10875282

Style Bungalow-Raised

Bedrooms 3

Annual Tax Amount $6,175

Tax Year 2024

Property Sub-Type Detached

Lot Depth 154.0

Lot Front 67.0

Property Description

Buy land! and if it happens to come with a huge 1,746 square foot "they don't build them like they used to" bungalow, then you are ahead of the game! 67 x 155 foot lot with TWO full driveways is a rare and wonderful find within the city. It affords you space to expand. The existing house does need a little work and updating. Currently, this massive bungalow is divided into two units. You could easily convert it back into a 5-bedroom single-family home, as that is what it was originally built for, a large family. The current setup is one 2-bedroom unit and one 1-bedroom unit. The city now allows three units on a property, so the potential to add a third unit is high. Rough math basing value on income potential: Unit 1 estimated value $480,000 + Unit 2 est. value $360,000 + Unit 3 est. value $360,000 = $1,200,000.00 subtract $250,000 in renovations = today's value of $950,000. Are you ready to invest in real estate?

Location

Province ON

County Wellington

Community Junction/Onward Willow

Area Wellington

Zoning R1B

Rooms

Basement Partially Finished, Full

Kitchen 2

Interior

Interior Features Accessory Apartment, Water Heater, Air Exchanger

Cooling Central Air

Fireplaces Number 1

Inclusions Smoke Detector, Stove

Exterior

Parking Features Private, Other, Inside Entry, Other, Tandem

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 67.0

Lot Depth 154.0

Exposure East

Total Parking Spaces 5

Building

Building Age 51-99

Foundation Concrete Block

New Construction false

Others

Senior Community Yes

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/17_heath_rd_guelph_on/

Listed by Trilliumwest Real Estate Brokerage Ltd

GET MORE INFORMATION

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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