Property Description for 38 HURON Street
7.5% CAP RATE! Located just minutes from downtown and steps away from public transit, schools, and parks, this property welcomes you to the vibrant community of Saint Patrick’s Ward. This distinctive front-and-back duplex offers complete separation between the two living spaces, including separate utility meters and laundry facilities. Whether you choose to live in one unit and rent the other, or add this gem to your investment portfolio, it practically manages itself! The front unit, recently rented for $2,580 + utilities, is the original home with 3 bedrooms (2 upstairs, 1 on the main floor), 1 full bath, and a spacious covered porch. High baseboards, elegant trim, and large windows are just some of the charming original features that set this property apart. The back unit, with its own private entry via the backyard, is a newer 2-bedroom, 1-bath apartment, offering scenic views of the expansive yard. Currently rented at $1,245 + utilities on a month-to-month basis, this unit provides an excellent rental income stream. This property has seen many important upgrades, including a new roof, windows, siding, kitchen, bathrooms, flooring, and one furnace (all updated in 2015), along with a 200-amp electrical system (2021), a new furnace (December 2023), and a new washer/dryer set (2024). Located in a neighborhood undergoing revitalization, this is your chance to invest before the next appreciation cycle begins! Bonus: Year-round, overnight street parking is available for you and your guests. (id:38686)
Tour this home
Property Details
Property Tax
: $4,421MLS® #
: 40656681
Home Features
Property Type
: Single FamilySquare Footage
: 1,528 SQFTSubdivision
: 5 - St. Patrick's Ward
Interior Features
Heating
: Forced air, Natural gasBasement
: Unfinished, Partial
Utilities
Sewer
: Municipal sewage system
Other
Exterior Features
: Vinyl siding
Mortgage Calculator
Similar Listings in Guelph
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, 'screen scraping', 'database scraping', and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website. This listing content is operated by REALTOR® members of The Canadian Real Estate Association. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.