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$3,299,900
22 Days On Site

83 King Street
Guelph, ON N1E 4P5

For Sale|Multi Family|Active
10
Beds
7
Total Baths
6,700
SqFt
$493
/SqFt
1880
Built
County:
Wellington
Call Now: 647-909-3337
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647-909-3337
83 King Street83 King Street83 King Street83 King Street
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Monthly Payment (Est.)

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RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 self-contained rental units on 1-acre lot making it a prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning income. W/ability to generate gross rents over $15,000/mth, vacant poss avail for setting market rents, W/strong potential to add 4–5 units at rear of property. 3D survey & prelim architectural plans have been completed & reviewed at City Hall W/positive feedback. Current application submitted for 5 units (in line W/CMHC priorities) though could be adapted to 4 if desired. This groundwork provides buyers W/confidence in immediate returns & future upside. Each unit blends historic character W/modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. GR W/crown moulding & bay window. Kitchen W/lots of cabinetry & centre island. Formal DR & sep FR for entertaining. Primary bdrm W/skylights & wall of closets. Garden doors open to deck. Renovated 3pc ensuite W/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to fin bsmt W/its own entrance, office W/exposed stone walls, wine cellar, full kitchen & flex living space—ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/fireplace & crown moulding. DR with B/I display nook & kitchen W/sleek cabinetry, S/S appliances, access to washer/dryer & side ent. Both bathrooms have W/I glass showers. Units 3 & 4: 2-bdrm 1-bath has charm W/modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen W/in-suite laundry. Unit 4: open-concept layout & fireplace in primary bdrm. Both have 3pc bath with W/I glass showers. Unit 5: 1-bdrm 1-bath W/open-concept living & dining, kitchen with S/S appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from downtown & walkable to shops, dining, transit &parks

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Listing Snapshot
Price 
$3,299,900
Days On Site 
22 Days
Bedrooms 
10
Inside Area (SqFt) 
6,700 sqft
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1880
MLS® Number 
40755047
Status 
Active
Property Tax 
$15,570.38
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Foundation 
Stone
Number Of Stories 
2
Parking 
Asphalt
Parking Spaces 
11
Property Sub Type 
Multi Family
SqFt Above 
6700
SqFt Total 
6700
Water Source 
Public
Zoning 
R1B
Interior Features
Appliances 
CooktopOvenWater SoftenerDishwasherDryerRefrigeratorWasher
Basement 
Walk-Out AccessFullFinished
Cooling 
NoneWall Unit(s)
Heating 
Other
Laundry Features 
In Unit
Window Features 
Skylight(s)
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Exterior Features
Construction Details 
BrickStucco
Frontage 
38.30
Lot Features 
Irregular LotCity Lot
Other Structures 
Shed(s)
Roof 
Asphalt
Windows/Doors 
Skylight(s)
Community Features
HOA Fee Frequency 
Monthly
MLS Area 
City of Guelph

Neighborhood & Commute
Source: Walkscore
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