Property Description for 92 KATHLEEN STREET
Welcome to 92 Kathleen Street, a fully renovated income property in one of Guelphs most sought-after neighbourhoods - directly across from picturesque Exhibition Park! A legal triplex featuring three self-contained units (each with a private entrance!) this home offers modern comfort and incredible flexibility for investors, families, or shared ownership. With updates completed between 2017 and 2022, its truly move-in ready.The main floor is divided into two charming units: a bright 1-bedroom, 1-bathroom suite at the front of the home, and a 2-bedroom, 1-bathroom suite at the rear, both sharing convenient basement laundry. Upstairs, the second-floor unit spans the entire level, featuring three spacious bedrooms, a large 4-piece bathroom, and the bonus of in-suite laundry!Outside, a large private backyard provides plenty of outdoor space, while the property also boasts ample parking for 7 vehicles - a rare find in this central location.Currently generating $7,171/month in rental income ($3,075 + $2,100 + $1,996), this property is a fantastic long-term investment. Keep it fully tenanted, live in one unit while the others help pay your mortgage, or consider it for a multi-generational family or a group of young buyers looking to get into the market together - the possibilities are endless.And the lifestyle? Unbeatable. Imagine strolling across the street for a picnic in Exhibition Park, walking to With the Grain Bakery for fresh croissants, or enjoying nearby downtown shops and restaurants. Plus, you're just minutes to the Hanlon Expressway and the University of Guelph.92 Kathleen Street combines income potential, location, and lifestyle - all in one extraordinary opportunity. (id:38686)
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Property Details
Property Tax
: $6,552 (2024)MLS® #
: X12391553
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: Forced air, Natural gasFireplace
: YesBasement
: Unfinished, Full
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: No GarageExterior Features
: Brick, Aluminum siding
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