Primary photo of 137 DOVERCLIFFE Road, Guelph
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Row / Townhouse For Sale

$649,900

MLS® Number: 40818119

Bedrooms

4

Bathrooms

2

Floor Area

1,590

Year Built

1977

137 DOVERCLIFFE Road, Guelph, Ontario

About This Property

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.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings

Basement

Finished, Full

Bathrooms Total

2

Bedrooms Total

4

Cooling

Central air conditioning

Heating

Forced air, Natural gas

Living Area

1590 sqft

Building & Exterior

Architectural Style

2 Level

Exterior Features

Brick

Parking Features

Attached Garage

Stories

2.0

Year Built

1977

Land & Location

Lot Features

Paved driveway

Postal Code

N1G3A5

Subdivision Name

6 - Dovercliffe Park/Old University

Listing & Financials

Association Fee

$286

Association Fee Frequency

Monthly

Association Fee Includes

Property Management, Water, Insurance, Parking

Listing Office

RE/MAX Real Estate Centre Inc., Brokerage

Originating System Name

Cornerstone Association of REALTORS®

Other Specifications

Common Interest

Condo/Strata

Country

Canada

Parking Total

2

Mortgage Calculator

20% ($129,980)
5.5%
25 Years

Estimated Monthly Payment

$3,193

Principal and interest only. Actual rates may vary.

Location & Map

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List Property4 Bed Row / Townhouse for Sale — 137 DOVERCLIFFE Road, Guelph | $649,900 | Lify.ca