$10,990,000
150 Bagot ST Guelph, ON N1H 5T9
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$10,990,000
Est. payment /mo
1 SqFt
Active
150 Bagot ST Guelph, ON N1H 5T9
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
Area Onward Willow
Interior
Cooling No
Exterior
Utilities Available Yes
Parking Type Outside/Surface
Others
Security Features Partial
Listed by COLLIERS
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