Located near the University of Guelph, Ridgetown Campus, home to one of the province's leading Vet Tech programs, this property is a regularly fully occupied student rental generating over $200,000 in gross annual revenue. The property features two separate buildings with a total of 18 rental units,... offering a unique combination of income, flexibility, and strong rental demand. The main building features 10 bachelor units, each with its own 3-piece bathroom and kitchenette, along with one 1-bedroom unit and a spacious 2-bedroom unit. The second building offers 5 full bathrooms and 6 individual bedrooms. This property also offers ample parking, 6 washer/dryer stations, FOB entry, and a full-size common kitchen. With strong student demand, excellent rental income, and a versatile layout, this is a fantastic opportunity for an investor looking for a turn-key, income-producing property.
Full Property Details
General
Business Type
-
Total Area
1.18 Acres
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Total Area
1.18 Acres
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
17
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes
Washrooms
17
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes
Exterior
Depth
355.0
Front
119.46
Lot Size
119 x 355.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
RM2-481
Depth
355.0
Front
119.46
Lot Size
119 x 355.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
RM2-481
Building Description
Home Type
Commercial
Subtype
Investment
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Investment
Water Supply
Municipal
Possession Date
No Data
Community
Community
Ridgetown
Community
Ridgetown
Taxes & Fees
Taxes
$6,564 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$6,564 /yr
Tax Year
2026
Occupancy
Tenant
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