129 RICKSON AVENUE, Guelph (Kortright West), Ontario, N1G4V6

Property Description

An exceptional investment property ideally located ; with a hard- to- find City approved, LEGAL 3 bedroom basement apartment. Only a two minute walk to bus stop with direct bus to the University of Guelph. This 8 bedroom backsplit 5 level home is also conveniently located close to grocery store, restaurants, parks, and walking trails nearby. A quick drive to Highways 6 North (Hanlon) & the 401. Main floor features a dining, living room and new kitchen, installed in the last 3 years & there is also a dining/living room & optional bedroom. The lower level has a 3-pc bathroom, bedroom, family room, and a wet bar with a sink area (4 bathrooms total). There is a cozy upper wooden deck and a shaded fenced backyard with SEPARATE ENTRANCE (Walk UP) to 3 bedroom basement apartment with shared laundry room. A total of 5 bedrooms upstairs, updated laminate and tile floors. Central stairs & paved driveway for 3-car parking. Whether you are an investor or a student /parent investor looking for a solid home to buy while your children are attending University or an owner occupied scenario -seeking an 'income helper' from the lower floor LEGAL 3 Bedroom APT. (also with a NEW KITCHEN). This home superbly checks outs on all three core tenets of Real Estate Investment- Price ( 8 beds under $1M)- Timing (100% Vacant possession April 30th 2026)- Location (So close to everything!!) ) LOCATION LOCATION LOCATION !!! (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 8 (5 above, 3 below)
• Bathrooms: 3
• Ownership: Freehold
• Attached: No
• Fireplaces: 1
• Parking: 4 spaces (Attached Garage, Garage)
• Frontage: 45 ft (13.8 m)

Costs

• Annual Taxes: $6,429.42 (2025)

Listing Provided by: Coldwell Banker Neumann Real Estate
Board: OnePoint Association of REALTORS®
Data provided via CREA DDF®.