Hassan Nouman
10 Westoby Street, Guelph, ON N1E 2B3, Guelph, ON
+7 photos
$729,900

10 Westoby Street, Guelph, ON N1E 2B3, Guelph, ON

Guelph, ON N1E 2B3
3 beds 2 baths Detached

About this home

Opportunity meets practicality in this solid brick bungalow set on a large pie-shaped lot in Guelph. This mature home (built in 1964), has ample living space, 3 bedrooms, 2 bathrooms and a sun-filled main living space. The large kitchen over looks the backyard and includes additional space for family dining. The home is move-in ready while also presenting a compelling upside. The finished basement is already equipped with a second kitchen, dining area, and a second bathroom, making it ideally suited for conversion into a separate dwelling unit. With a side entrance that leads to the basement stairs, there's perfect potential for multi-generational living or rental income with minimal work required. With a detached single car garage and generous driveway providing ample parking, plus a spacious backyard, this property checks the boxes for both homeowners and investors looking to maximize value. Some recent updates include a new furnace and air condition in 2023, a new roof on the home in 2015 and the garage in 2018.

Property Score

58/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
62/100good
GO Transit, LRT, and bus access from this neighborhood.
Schools
80/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
88% of city avggood
Priced below Guelph's average of $825,000.
Appreciation Trend
+1.9%/yrgreat
Guelph has seen +1.9% YoY price change.
Monthly Cash Flow
-$2,158/mopoor
Estimated -$2,158/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.06%poor
Net operating income divided by purchase price.
Basement Suite Potential
Buildablegreat
Strong potential for a legal basement suite - could add ~$1,530/mo.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13042048
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.
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