56 Wilsonview Avenue Guelph, Ontario N1G 2Z9
$499,000Maintenance, Insurance, Common Area Maintenance
$336 Monthly
Maintenance, Insurance, Common Area Maintenance
$336 MonthlySolid opportunity in a proven Guelph student rental location. This 4-bedroom, 1.5-bath home is currently tenanted by students and offers immediate rental income with strong upside for investors or parents looking to secure housing for a student while building equity.The home features four generously sized bedrooms and a functional layout well suited to shared living. The basement includes a large window that brings in natural light and contributes to a safer, more comfortable space for occupants. With the right updates, this property can be repositioned into a high-performing student rental.The condition reflects typical student wear and tear and will benefit from major cleaning, patching, and painting to restore it to prime rental condition. For those looking to maximize returns, the addition of a third bathroom in the basement would be a smart value-add and could significantly enhance rental income and long-term appeal.Estimated rental potential ranges from approximately $3,200 to $4,000 per month depending on layout, upgrades, and management approach. Priced at $499,000, this property represents strong value in a neighbourhood where comparable homes sold closer to $600,000 just one year ago.An excellent opportunity for investors seeking a value-add rental or parents planning ahead for student housing in a high-demand market. With the right vision, this property offers both immediate use and long-term upside. (id:16261)
Property Details
| MLS® Number | X12699962 |
| Property Type | Single Family |
| Community Name | Dovercliffe Park/Old University |
| Community Features | Pets Allowed With Restrictions |
| Parking Space Total | 1 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding, Wood |
| Half Bath Total | 1 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1,000 - 1,199 Ft2 |
| Type | Row / Townhouse |
Parking
| No Garage |
Land
| Acreage | No |
| Zoning Description | R4-6 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 6.03 m | 3.51 m | 6.03 m x 3.51 m |
| Second Level | Bedroom 2 | 4.15 m | 3.52 m | 4.15 m x 3.52 m |
| Second Level | Bathroom | 2.26 m | 2.12 m | 2.26 m x 2.12 m |
| Basement | Bedroom 3 | 4.32 m | 3.32 m | 4.32 m x 3.32 m |
| Basement | Recreational, Games Room | 6.87 m | 4.72 m | 6.87 m x 4.72 m |
| Main Level | Bathroom | 2.1 m | 1.07 m | 2.1 m x 1.07 m |
| Main Level | Bedroom | 4.17 m | 3.52 m | 4.17 m x 3.52 m |
| Main Level | Kitchen | 4.17 m | 3.53 m | 4.17 m x 3.53 m |
| Main Level | Dining Room | 2.73 m | 3.43 m | 2.73 m x 3.43 m |
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January 22 2026 03:49:15
The Lakelands Association of REALTORS®
Exp Realty