20
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$499,000
Est. payment /mo
4 Beds
2 Baths
Pending
56 Wilsonview AVE Guelph, ON N1G 2Z9
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Key Details
Property Type Condo, Townhouse
Sub Type Condo Townhouse
Listing Status Pending
Purchase Type For Sale
Approx. Sqft 1000-1199
Subdivision Dovercliffe Park/Old University
MLS Listing ID X12699962
Style 2-Storey
Bedrooms 4
HOA Fees $336
Annual Tax Amount $3,410
Tax Year 2025
Property Sub-Type Condo Townhouse
Property Description
Solid opportunity in a proven Guelph student rental location. This 4-bedroom, 1.5-bath home is currently tenanted by students and offers immediate rental income with strong upside for investors or parents looking to secure housing for a student while building equity.The home features four generously sized bedrooms and a functional layout well suited to shared living. The basement includes a large window that brings in natural light and contributes to a safer, more comfortable space for occupants. With the right updates, this property can be repositioned into a high-performing student rental.The condition reflects typical student wear and tear and will benefit from major cleaning, patching, and painting to restore it to prime rental condition. For those looking to maximize returns, the addition of a third bathroom in the basement would be a smart value-add and could significantly enhance rental income and long-term appeal.Estimated rental potential ranges from approximately $3,200 to $4,000 per month depending on layout, upgrades, and management approach. Priced at $499,000, this property represents strong value in a neighbourhood where comparable homes sold closer to $600,000 just one year ago.An excellent opportunity for investors seeking a value-add rental or parents planning ahead for student housing in a high-demand market. With the right vision, this property offers both immediate use and long-term upside.
Location
Province ON
County Wellington
Area Wellington
Rooms
Family Room No
Basement Finished
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Floor Drain
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Reserved/Assigned
Roof Type Asphalt Shingle
Exposure South
Total Parking Spaces 1
Balcony None
Building
Story 1
Locker None
Others
Pets Allowed Yes-with Restrictions
ParcelsYN No
Virtual Tour https://unbranded.youriguide.com/56_wilsonview_ave_guelph_on/
Listed by eXp Realty
NEARBY SCHOOL & BUSINESS
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