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$ 649,900
Est. payment /mo
New
137 Dovercliffe RD Guelph, ON N1G 3A5
4 Beds
3 Baths
UPDATED:
Key Details
Property Type Townhouse
Sub Type Condo Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1200-1399
Subdivision Dovercliffe Park/Old University
MLS Listing ID X12970938
Style 2-Storey
Bedrooms 4
Maintenance Fees $286
HOA Fees $286
Annual Tax Amount $3,648
Tax Year 2025
Property Sub-Type Condo Townhouse
Property Description
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.
Location
State ON
County Wellington
Area Wellington
Rooms
Family Room No
Basement Finished, Full
Kitchen 1
Separate Den/Office 1
Interior
Interior Features Water Heater Owned
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Exposure South
Total Parking Spaces 3
Balcony None
Building
Building Age 31-50
Story 1
Locker None
Others
Pets Allowed Yes-with Restrictions
ParcelsYN No
Listed by RE/MAX Real Estate Centre Inc
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