Attention investors! A turnkey investment opportunity comes with this fully rented home to add to your portfolio. Currently rented for $4,000/month + utilities (paid by tenants) with a lease in place until May '27, offering immediate and reliable returns. This is a fantastic opportunity to own a fully tenanted, income-generating property with strong cash flow. Excellent tenants in place have chosen to stay for another year. This well-maintained 3+1 bedroom, 1+1 full-bathroom townhome features a functional and spacious layout ideal for tenants. The main floor boasts a large eat-in kitchen with ample cabinetry, a separate dedicated dining area, and a bright, expansive living room with walkout access to a fully fenced private yard—perfect for outdoor enjoyment. Convenient main-floor laundry. Upstairs, you'll find three generously sized bedrooms and a 4-piece bathroom, providing comfortable living space for families or shared accommodations. The fully finished basement includes a large fourth bedroom, a 3-piece bathroom, and a utility room, maximizing rental potential. The private backyard overlooks green space and mature trees, offering peaceful views. There is also exclusive access to a community pool that provides a welcome retreat during warm summer days! Updates include: roof shingles '19, furnace '24, central air conditioning '22, water heater owned '24, and all flooring throughout all 3 levels. Bonus: The home is being sold fully furnished, making it a truly turnkey investment with minimal effort required. Don't miss this high-performing, hassle-free addition to your portfolio! Conveniently located near bus stops and quick access to Hanlon, the University of Guelph, and all the great amenities at Stone Rd Mall and the area. (id:4069)
Address
137 DOVERCLIFFE Road
List Price
$635,000
Property Type
Single Family
Type of Dwelling
Row / Townhouse
Style of Home
Other
Transaction Type
Sale
Area
Ontario
Sub-Area
Guelph
Bedrooms
4
Bathrooms
2
Floor Area
1,300 Sq. Ft.
Year Built
1977
Maint. Fee
$286.00
MLS® Number
40848868
Listing Brokerage
RE/MAX Real Estate Centre Inc., Brokerage
Basement Area
Full (Finished)
Postal Code
N1G3A5
Zoning
R3-17
Ownership
Condominium
Parking Places (Total)
2
Site Influences
Park, Place of Worship, Playground, Public Transit, Schools
Features
Paved driveway
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
Central air conditioning
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Municipal sewage system
