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48 Alma Street S Guelph, Ontario N1H 5W7

4 Bedroom 2 Bathroom 1099.9909 - 1499.9875 sqft

Forced Air

$774,900

Welcome to 48 Alma St S, a legal 2-unit property with the potential for a 3rd unit that offers an incredible investment opportunity in Guelph's sought-after Junction neighbourhood! Perfect for first-time buyers looking to break into the market, live in the beautifully renovated main floor unit while enjoying the benefit of having a significant portion of your mortgage covered. Alternatively, this property is an investor's dream, with the potential to convert into a 3-unit home that promises exceptional cash flow. The main floor unit has been completely renovated, featuring bright living and dining areas with laminate floors and oversized windows that fill the space with natural light. The modern eat-in kitchen boasts crisp white cabinetry, quartz countertops and lovely backsplash. 2 spacious bedrooms with hardwood floors and 4-piece bathroom with a tiled shower/tub complete the main floor. Sliding doors open to a private, tree-lined backyard, offering a peaceful outdoor retreat. The second unit, accessed by exterior stairs, is a self-contained space with its own kitchen, living room, 2 bedrooms and a full bathroom. There is a balcony providing private outdoor space! The unfinished basement is framed and pre-wired for a 2-bedroom apartment with a separate entrance and shared laundry. With minimal work, it could become a fully functional 3rd unit, dramatically boosting the property's rental income potential! Located steps from Fixed Gear Brewing Co. and a short walk to Howitt Park, the property is surrounded by local amenities. Its also just minutes from the Hanlon Parkway for easy access to Highway 401 and close to downtown Guelph, offering restaurants, boutique shops, nightlife and the GO Station. Whether you're looking to live in one unit and rent the others or create a fully income-generating triplex, this property is a rare chance to capitalize on a high-demand rental market! (id:54532)

Property Details

MLS® Number	X11886891
Property Type	Single Family
Community Name	Central West
AmenitiesNearBy	Park, Place Of Worship, Public Transit, Schools
CommunityFeatures	School Bus
ParkingSpaceTotal	3

Building

BathroomTotal	2
BedroomsAboveGround	4
BedroomsTotal	4
Appliances	Water Heater, Dryer, Refrigerator, Stove, Washer
BasementDevelopment	Partially Finished
BasementFeatures	Separate Entrance
BasementType	N/a (partially Finished)
ConstructionStyleAttachment	Detached
ExteriorFinish	Aluminum Siding
FoundationType	Poured Concrete, Block
HeatingFuel	Natural Gas
HeatingType	Forced Air
StoriesTotal	2
SizeInterior	1099.9909 - 1499.9875 Sqft
Type	House
UtilityWater	Municipal Water

Land

Acreage	No
LandAmenities	Park, Place Of Worship, Public Transit, Schools
Sewer	Sanitary Sewer
SizeDepth	76 Ft
SizeFrontage	50 Ft
SizeIrregular	50 X 76 Ft
SizeTotalText	50 X 76 Ft\|under 1/2 Acre
ZoningDescription	R1b

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bathroom			Measurements not available
Second Level	Kitchen	2.39 m	1.83 m	2.39 m x 1.83 m
Second Level	Living Room	3.66 m	4.7 m	3.66 m x 4.7 m
Second Level	Bedroom 3	5.49 m	2.57 m	5.49 m x 2.57 m
Second Level	Bedroom 4	4.24 m	2.69 m	4.24 m x 2.69 m
Main Level	Living Room	5.33 m	3.23 m	5.33 m x 3.23 m
Main Level	Bedroom 2	2.74 m	2.74 m	2.74 m x 2.74 m
Main Level	Primary Bedroom	5.54 m	2.67 m	5.54 m x 2.67 m
Main Level	Bathroom			Measurements not available
Main Level	Kitchen	2.59 m	2.16 m	2.59 m x 2.16 m
Main Level	Dining Room	4.44 m	2.29 m	4.44 m x 2.29 m

Aerial

https://www.realtor.ca/real-estate/27724611/48-alma-street-s-guelph-central-west-central-west

Interested?

Bradley Wylde
Salesperson

Greig Turvey
Salesperson

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Last Updated
December 11 2024 05:03:56

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48 Alma Street S Guelph, Ontario N1H 5W7