RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 self-contained rental units on 1-acre lot making it a prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning income. W/ability to generate gross rents over $15,000/mth, vacant poss avail for setting market rents, W/strong potential to add 4–5 units at rear of property. 3D survey & prelim architectural plans have been completed & reviewed at City Hall W/positive feedback. Current application submitted for 5 units (in line W/CMHC priorities) though could be adapted to 4 if desired. This groundwork provides buyers W/confidence in immediate returns & future upside. Each unit blends historic character W/modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. GR W/crown moulding & bay window. Kitchen W/lots of cabinetry & centre island. Formal DR & sep FR for entertaining. Primary bdrm W/skylights & wall of closets. Garden doors open to deck. Renovated 3pc ensuite W/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to fin bsmt W/its own entrance, office W/exposed stone walls, wine cellar, full kitchen & flex living space—ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/fireplace & crown moulding. DR with B/I display nook & kitchen W/sleek cabinetry, S/S appliances, access to washer/dryer & side ent. Both bathrooms have W/I glass showers. Units 3 & 4: 2-bdrm 1-bath has charm W/modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen W/in-suite laundry. Unit 4: open-concept layout & fireplace in primary bdrm. Both have 3pc bath with W/I glass showers. Unit 5: 1-bdrm 1-bath W/open-concept living & dining, kitchen with S/S appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from downtown & walkable to shops, dining, transit &parks
For sale
C$3,299,900
83 King St, Guelph, ON N1E 4P5
10beds
7baths
6,700sqft
Multi-5 Unit, Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
C$493/sqft
C$-- HOA
What's special
Heritage estateCrown mouldingBay windowLots of cabinetryWall of closetsGlass showerFloating vanity
- 14 days
- on Zillow |
- 75 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: August 19, 2025 at 02:41pm
Listed by:
Bradley Wylde, Salesperson,
RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Source: ITSO,MLS®#: 40755047Originating MLS®#: Cornerstone Association of REALTORS®
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
Heating
- Other
Cooling
- Wall Unit(s)
Appliances
- Included: Oven, Water Softener, Dishwasher, Dryer, Refrigerator, Stove, Washer
- Laundry: In-Suite
Features
- Windows: Skylight(s)
- Basement: Walk-Out Access,Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 6,700
- Total interior livable area: 6,700 sqft
- Finished area above ground: 6,700
Video & virtual tour
Property
Parking
- Total spaces: 11
- Parking features: Asphalt, Outside/Surface/Open
- Uncovered spaces: 11
Features
- Frontage type: East
- Frontage length: 38.30
Lot
- Dimensions: 38.3 x
- Features: Irregular Lot, City Lot, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, School Bus Route, Schools, Shopping Nearby
Details
- Additional structures: Shed(s)
- Parcel number: 713220035
- Zoning: R1B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-5 Unit, Multi Family
Materials
- Brick, Stucco
- Foundation: Stone
- Roof: Asphalt Shing
Condition
- 100+ Years
- New construction: No
- Year built: 1880
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Guelph
Financial & listing details
- Price per square foot: C$493/sqft
- Annual tax amount: C$15,570
- Date on market: 8/6/2025
- Inclusions: Other, All Furniture In Units 2, 3, 4 & 5, All Appliances In All Units.
- Exclusions: Some Furniture In Unit 1.
- Loading