$3,299,900
19.33 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 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 45 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
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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
58 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
Basement
Finished, Walk-Out
Interior Features
Water Softener
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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Listing Contracted with RE/MAX Real Estate Centre Inc
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