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137 Dovercliffe Road, Guelph, ON N1G 3A5

Guelph, ON, N1G 3A5 · Dovercliffe Park/Old University

4 Beds
2 Baths
Sq Ft
2 Parking
Condo Townhouse Type
X13227176 MLS#

About this property

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.

Features & Amenities

  • Basement: Full, Finished
  • Garage: Attached
  • Cooling: Central Air
  • Heating: Gas
  • Style: 2-Storey
  • Construction: Brick, Vinyl Siding
  • Exposure: South

Property Details

Property Type Residential Condo & Other
Property Sub-Type Condo Townhouse
Architectural Style 2-Storey
Bedrooms 4
Bathrooms 2
Basement Full, Finished
Garage Attached
Parking Spaces 2
Heating Gas
Cooling Central Air
Annual Tax $3,648
Tax Year 2025
Association Fee $286 /
Listing courtesy of RE/MAX Real Estate Centre Inc
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