Listed by Trilliumwest Real Estate.

17 Heath Road is a Detached, Bungalow-Raised and is currently for Sale @ $949,000. Taxes in 2024 were $6,175.00.

More homes for sale under 900k in Guelph

Buy land! and if it happens to come with a huge 1,746 square foot "they don't build them like they used to" bungalow, then you are ahead of the game! 67 x 155 foot lot with TWO full driveways is a rare and wonderful find within the city. The Bungalow-Raised on 17 Heath Road has 3 bedrooms, 3 bathrooms, and is located on a 155.00 x 67.00 ft lot in the community of Onward Willow . It affords you space to expand. The existing house does need a little work and updating. Currently, this massive bungalow is divided into two units. You could easily convert it back into a 5-bedroom single-family home, as that is what it was originally built for, a large family. The current setup is one 2-bedroom unit and one 1-bedroom unit. The city now allows three units on a property, so the potential to add a third unit is high. Rough math basing value on income potential: Unit 1 estimated value $480,000 + Unit 2 est. value $360,000 + Unit 3 est. value $360,000 = $1,200,000.00 subtract $250,000 in renovations = today's value of $950,000. Are you ready to invest in real estate?

The address 17 Heath Road was listed for sale (MLS# X9368813) on Wednesday, September 25, 2024.