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$ 1,890,000
Est. payment | /mo
17 Baths
1 SqFt
$ 1,890,000
Est. payment | /mo
17 Baths
1 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $1,890,000
Subdivision Ridgetown
MLS Listing ID X14119516
Annual Tax Amount $6,564
Tax Year 2026
Property Sub-Type Investment
Property Description
Located near the University of Guelph, Ridgetown Campus, home to one of the province's leading Vet Tech programs, this property is a regularly fully occupied student rental generating over $200,000 in gross annual revenue. The property features two separate buildings with a total of 18 rental units, offering a unique combination of income, flexibility, and strong rental demand. The main building features 10 bachelor units, each with its own 3-piece bathroom and kitchenette, along with one 1-bedroom unit and a spacious 2-bedroom unit. The second building offers 5 full bathrooms and 6 individual bedrooms. This property also offers ample parking, 6 washer/dryer stations, FOB entry, and a full-size common kitchen. With strong student demand, excellent rental income, and a versatile layout, this is a fantastic opportunity for an investor looking for a turn-key, income-producing property.
Location
Province ON
County Chatham-kent
Area Chatham-Kent
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 119.46
Lot Depth 355.0
Others
ParcelsYN No
Listed by BLUE FOREST REALTY INC.
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