159 Glasgow Street, Guelph, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Downtown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $949,902 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 5 Bathrooms with 5 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 54 x 100 ft lot
- Features a exposed rock basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient radiant heating via gas
Description
159 Glasgow Street presents a rare opportunity to acquire a fully tenanted 5-plex in one of Guelph's most consistently desirable rental locations. Situated just minutes from Downtown Guelph, parks, trails, and the GO Station, this property offers the kind of location tenants actively seek-supporting long-term rental demand and future investment stability.The building features a total of five residential units, including four 1-bedroom, 1-bathroom apartments and one bachelor suite. With all units currently tenanted, this is an ideal opportunity for investors looking to add a fully occupied multi-residential asset to their portfolio.Positioned in a strong rental corridor near downtown amenities, transit, shopping, restaurants, and commuter access, the property offers excellent long-term upside potential. Investors will appreciate the opportunity to increase revenue over time as units turn over and rents move toward current market rates.Additional features include four private driveway parking spaces along with nearby street parking-an added convenience in this central location.Whether you are a seasoned investor expanding your portfolio or looking to secure a multi-unit property in a high-demand rental area, 159 Glasgow Street offers a compelling combination of location, stable tenancy, and future income growth potential.
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Property Summary
This multiplex located at 159 Glasgow Street, Guelph is currently for sale and has been available on SousaSells for 65 days. This property is listed at $949,902 with an estimated mortgage of $3,162* per month. It has 5 beds, 5 bathrooms, and is 3000-3500 square feet. 159 Glasgow Street, Guelph is in the Downtown neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 159 Glasgow Street N, Guelph, ON N1H 4W7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Guelph, ON
For a property listed at $949,902 in Guelph, the legal minimum down payment is $69,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,473 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $15,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.