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$ 10,990,000
Est. payment /mo
Active
150 Bagot ST Guelph, ON N1H 5T9
1 SqFt
UPDATED:
08/26/2024 05:13 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $10,990,000
MLS Listing ID X9269718
Annual Tax Amount $108,284
Tax Year 2023
Property Description
Introducing a prime multifamily asset at 150 Bagot Street, Guelph - this 46-unit building presents a lucrative investment opportunity. Comprising of spacious two and three-bedroom units, each is separately metered for hydro, enhancing energy efficiency and reducing operational costs. The property features ample amenities including a large, welcoming lobby, abundant parking, and a dedicated laundry facility. With a strong Year 1 NOI of $473,295 and an impressive 87% average upside potential, this property is perfectly positioned in a sought-after area, promising substantial returns and value appreciation for savvy investors.
Location
Province ON
County Wellington
Community Onward Willow
Area Wellington
Region Onward Willow
City Region Onward Willow
Interior
Cooling No
Exterior
Utilities Available Yes
Others
Security Features Partial
Listed by COLLIERS