$3,299,900
20.35 BTC
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83 King Street, Guelph
$3,299,900
PRICE
10
BEDROOMS
7
BATHROOMS
X12328667
MLSID

83 King Street, Guelph

RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 beautiful self-contained rental units on 1-acre lot-prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning passive income. W/ability to generate gross rents over $15,000/mth, vacant poss available for setting market rents & possibility to add another 45 units at rear of property; city permitting for 4 & 5 units is pending & funding application for the 5-unit is within the CMHC guidelines, this property combines immediate returns W/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 provide space for entertaining. Primary suite W/skylights & wall of closets. Garden doors open to deck overlooking mature trees. Renovated 3pc ensuite W/glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to finished bsmt W/its own entrance, office W/exposed stone walls, wine cellar, full kitchen & flexible living space-ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/hardwood, fireplace & crown moulding. Formal DR with B/I display nook & kitchen W/sleek cabinetry, S/S appliances, access to washer/dryer & side entrance. Both bathrooms feature W/I glass showers. Units 3 & 4: 2-berm 1-bath blend 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, white cabinetry & 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 vibrant downtown this property is walkable to shops, dining, transit & parks
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Summary

Address
83 King Street
City
Community
MLSID
X12328667
Property Type
Multiplex
Property Category
Bedrooms
10
Bathrooms
7
Kitchens
6
Zoning
R1B
Taxes (Annual)
$15,570.38
Tax Year
2025
Published
August 6, 2025
Days on Market
9 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

All Furniture in Units 2, 3, 4 & 5, All Appliances in All Units.

Exclusions

Some Furniture in Unit 1.

Details

Property Features
Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School
Parking Spaces
11
Parking Total
11
Parking Features
Private
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick, Stucco (Plaster)
Lot Width
38 Feet
Lot Depth
250 Feet
Water
Municipal
Heat Source
Other
Heat Type
Other
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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