38 HURON Street, Guelph, Ontario N1H5Y2

Mortgage Helper or a 6% Cap Rate! Located just minutes from downtown and steps away from public transit, schools, and parks, this property is immediately enveloped by the vibrant warmth of “Saint Patrick’s Ward.” This unique FRONT AND BACK duplex offers complete separation between the two living quarters, including separate utility meters and laundry facilities. Live in one unit and rent out the other, or add it to your investment portfolio—this property practically manages itself! The front unit, recently rented for $2,580 + utilities, is an original home featuring 3 bedrooms (2 upstairs, 1 on the main floor), 1 full bath, and a large covered porch. It boasts high baseboards, trim, and large windows—some of the original features that add charm and character. The BACK apartment, accessed via the backyard, also provides complete separation. This newer 2-bedroom, 1-bath apartment overlooks the expansive backyard and is currently rented at $1,245 + utilities on a month-to-month basis. This property has undergone numerous upgrades over the years, including the roof, windows, siding, kitchen, bathrooms, flooring, and one furnace (all updated in 2015), as well as a 200 amp electrical system (2021), a new furnace (December 2023), and a new washer/dryer set (2024). Situated in a neighborhood experiencing revitalization, this is your opportunity to get in before the next appreciation cycle begins! Bonus: There is year-round, overnight street parking available for yourself and your guests. (id:56724)