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186 Watson Parkway N Guelph, Ontario N1E 9A6

$679,900

Generate cash flow while setting the permits in place to build three new homes! Current use Is RESIDENTIAL WITH THREE SELF CONTAINED UNITS. See L/A re: severances. Highly desirable area of Guelph. Great LEGAL three unit investment property. Three completely separate units each with it's own driveway and hydro meter. Extremely large lot that potentially could be severed into 3 x 36' x 148' prime WALK OUT building lots! Mechanically sound home, great cash flow in highly desirable area. TOTAL RENT REVENUE: $45,600.00 annual ($3800 / month), Property tax $4,396.50 annual ($366 / month), Insurance $1,348.92 annual ($112 / month), Union gas $1,132.00 annual ($94 / month). Property has services at road however this dwelling currently still on well and septic. Zero water or sewer charges currently for landlord or Tenants! (id:18336)

Business

Business Type Residential

Property Details

MLS® Number 30662125
Property Type Vacant Land
Neigbourhood Grange Hill East
Amenities Near By Hospital, Public Transit, Recreation, Schools, Park
Community Features Community Centre
Features Park Setting, Park/reserve

Building

Fireplace Present No
Utility Water Drilled Well, Well

Land

Access Type Highway Access
Acreage No
Land Amenities Hospital, Public Transit, Recreation, Schools, Park
Sewer Municipal Sewage System
Size Depth 148 Ft
Size Frontage 109 Ft
Size Total Text Under 1/2 Acre
Zoning Description Residential With 3 Self Contained Units.

Utilities

Cable Available
Hydro Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=19526340

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