About this property

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.

Features & finishes

View

Balcony

Air Conditioning

Basement

Property details

MLS® Number	X12699962
Status	Sold
Listing Type	For Sale
Property Type	Condo
Interior Size	1,000 sq ft
Beds / Baths	4 bed · 2 bath
Locker	None
Exposure	South
Balcony	None
City	Guelph
Postal Code	N1G 2Z9
Province	ON
Listed Date	May 19, 2026
Brokerage	eXp Realty