150 Bagot St - Apartments FOR SALE


Guelph, ON N1H 5T9
$10,990,000 CAD
416-791-7205
150 Bagot St, Guelph, ON for Sale
$10,990,000 CAD
Apartments - FOR SALE
1/2
null | 4.22% Cap Rate

150 Bagot St
Guelph, ON N1H 5T9


OVERVIEW

his exceptional multifamily property, located at 150 Bagot Street in the city of Guelph, Ontario, represents a premier investment opportunity. The building consists of 46 spacious units, exclusively featuring two and three-bedroom layouts, which cater to families and professionals seeking comfortable and sizeable living spaces. With a strong Year 1 NOI of $464,008, this property demonstrates a solid income-generating potential from the outset. Each unit is separately metered for hydro, a feature that not only promotes energy efficiency but also significantly reduces the overall operating costs for the property owner. The property also includes a range of well-maintained amenities, such as a large, clean lobby, ample parking, and a dedicated laundry room, all of which contribute to the desirability and functionality of the building. This value-add property offers an impressive 87% average upside potential, making it an ideal choice for investors looking to achieve substantial returns. The opportunity to renovate and modernize unrenovated units further enhances the investment appeal, providing a clear path for value enhancement. Situated in a prime location within Guelph, the property benefits from strong rental demand, excellent accessibility, and a vibrant community atmosphere. With its combination of large units, significant upside potential, and strategic location, this multifamily property is well-positioned to deliver considerable value to its next owner

FOR SALE DETAILS

PRICE

$10,990,000 CAD

PRICE/SF

$241 CAD /SF

# OF UNITS

45

PRICE/UNIT

$244,222

CAP RATE

4.22%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1961

PARKING SPACES

30

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

230804001204000

ASK ABOUT THIS PROPERTY

Jake ArnoldiColliersMore Info
416-791-7205

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Jake ArnoldiColliersMore Info
416-791-7205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.