361 IRONWOOD ROAD, Guelph (Kortright West), Ontario, N1G3P2

Property Description

Incredible investment opportunity or ideal mortgage helper! This well-maintained, carpet-free home offers 5+1 bedrooms, 2.5 bathrooms, and over 2,700 sq ft of total living space, including a legal walk-out basement apartment. The functional, family-friendly layout features large principal rooms and an open-concept kitchen and family room that walk out to a deck overlooking the oversized backyard - perfect for dining al fresco on summer evenings. A main-level den provides flexibility as a work-from-home space or fifth bedroom. The lower level is one of the nicest accessory apartments you'll find, complete with a full-size kitchen and dining area, cozy living space with fireplace, a generous bedroom with ensuite access, and true separate entrance. This suite would appeal to young professionals or downsizers - or live in the apartment yourself and rent the entire upper level! Recent updates include newer windows (2023), water softener (2022), back concrete patio (2021), furnace (2021), and more. Additional highlights include an attached garage and double-wide driveway with parking for four vehicles. The current owner has enjoyed excellent cash flow with approximately $6,800 in total monthly rent. Tenants love the convenient location with easy access to public transit, walking distance to Hartsland Market Square, and nearby parks and trails. Whether you're looking for a solid investment property, a mortgage helper, or a multi-generational living solution, this is a truly special property with exceptional versatility and long-term value. *Vacant possession of upper and lower units as of May 1st 2026. Some photos are virtually staged. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 6 (5 above, 1 below)
• Bathrooms: 3 (1 half)
• Ownership: Freehold
• Attached: No
• Fireplaces: 1
• Parking: 5 spaces (Attached Garage, Garage)
• Frontage: 46 ft (14.1 m)

Costs

• Annual Taxes: $5,842.00

Listing Provided by: Royal LePage Royal City Realty
Board: OnePoint Association of REALTORS®
Data provided via CREA DDF®.