9058 Wellington Rd 124 Road Guelph, Ontario N1H 6H7

$2,049,999

Calling all investors, vehicle operators/hobbyists, extreme cyclists and/or outdoors enthusiasts. This conveniently located income property is full of entertainment opportunities. Private residence setback from the road with a circular driveway. You can drive almost anywhere on this 4.5 acre property because it is mostly B-Gravel, which is designed to support heavy vehicles. This large bungalow was in the process of being converted into three rental units. Upstairs there is a 3 bedroom/2 bath unit, with laundry. The basement is a 70% complete, and could easily be finished as a 1 bedroom/1 bath unit with office and laundry rough-in. The garage has most of the plumbing and wiring completed for a bachelor unit, but is still a garage at this point. Outside, there is a backyard with a covered concrete patio and a lawn. There were also plans for a stunt cycling course, and a large pond with a sandy beach. Plans have changed, but most of the work is already done for you. You just need to add the finishing touches to turn this into an amazing recreational/income property. You can easily turn the house back into a single family home, or you can live in one unit and let the other 2 pay the mortgage for you. There are so many options at this convenient location. If needed, seller is offering a Vendor Take Back mortgage. (id:36096)

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https://www.realtor.ca/real-estate/25481222/9058-wellington-rd-124-road-guelph