
Row / Townhouse For Sale
$649,900
MLS® Number: 40818119
Bedrooms
4
Bathrooms
2
Floor Area
1,590
Year Built
1977
Row / Townhouse For Sale
$649,900
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
Listed By
RE/MAX Real Estate Centre Inc., Brokerage
Mortgage Calculator
Estimated Monthly Payment
$3,193
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$3,193
Principal and interest only. Actual rates may vary.