C$2,099,000

Rare turnkey two unit south end Guelph investment with a custom Reid’s Heritage “Woodmeyer” bungalow with two fully furnished rental units, backing onto Preservation Park and 27 hectares of protected forest and trails, five minutes to groceries, coffee and the University of Guelph, and about ten minutes to the 401. Nearly 3,900 sqft. of finished space across two levels. The main floor suite opens through a columned stone portico and 11 foot foyer into a vaulted great room with linear fireplace, built-ins and floor to ceiling windows. The kitchen is fully equipped for premium tenants, white cabinetry, quartz island with seating, marble backsplash, stainless Thermidor refrigeration and a Thermidor Pro Series gas range, flowing into a dining area with sliders to a covered composite deck with outdoor seating, ceiling fan and TV. The primary bedroom has an arched window and custom walk-in, two further main floor bedrooms complete this level. Downstairs is a self contained walkout suite with its own kitchen including range, fridge, sink and peninsula, living area, stacked laundry, bedrooms and bath, plus French doors to a covered patio and interlocking courtyard. Separate lower access supports true two unit use. Originally built and registered with an accessory self contained suite. Both units are offered furnished at $5,885 per month for the Upper, and $4,995 for the lower. Stone and stucco bungalow exterior, double garage, and a rear yard that drops to parkland. A ready dual income asset in a location tenants do not leave lightly. (id:41202)