107-109 Wyndham Street N Guelph, Ontario N1H 4E9

$1,499,000

Investors keep asking us for prime downtown real estate that actually shows a decent return. Restauranteurs ask for space with a professional kitchen already in place for them. Challenges accepted and met; this property fulfills both! But let's start with a bit of important history first. This structure has been restored from the basement up. Gone is the old knob and tube wiring, the decaying galvanized water pipes, the leaky old windows. Rebuilt to fire code standards, while retaining the charm and character of its old stone exterior, here's the moneymaker that investors have been asking for and restauranteurs dreaming about. Located in the heart of Downtown Guelph, 107-109 Wyndham is a fantastic opportunity for both. With commercial on the basement and main levels and residential rooms above, this is a true income generator. The 5 residential tenants upstairs pay good rent for a comfortable private room of their own, then share a kitchen, common room and 2 baths. The main level and renewed basement are now vacant and setup for a Restaurant/Lounge, maybe yours. In fact, the coveted D.1-1 zoning allows for a comprehensive range of uses. Okay, we've done our part for you, come take a look. You won't be disappointed. (id:23789)

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https://www.realtor.ca/real-estate/24918862/107-109-wyndham-street-n-guelph