Guelph Real Estate Investing

Investing in Guelph can be tricky depending on what you want to accomplish. Many local investors buy what is called student rentals. Students will pay between $400-$450 per room, often times with utilities extra.

The student rental market starts in January and Lasts until April. The smarter buyers purchase early with a closing arranged for April 30. They use the time in between to find tenants. You can find tenants quite easily, especially in January as this is when the smart students begin looking so that they find the best homes.

If you are worried about finding tenants and maintaining the property, leave it to me. I will find them for you. If you buy with me the cost is nothing for the first lease. After that expect to pay 1/2 of one month's rent, usually taken from the initial deposit when the lease is signed.

What has sold recently:

23 Briarlea - List $259,900 - 5 beds with 1 bed apartment - sold for over asking -110%

161 Neeve - List $419,000 - 8 beds - non reg triplex - sold for 97% of list

5 Moss - List $269,900 - 5 beds - sold for 96% of list

44 Revell - List 225,000 - 3 bed townhouse - sold for 97% of list

Thinking of selling your investment? Call 519-821-PEAK (7325)

If you have any more questions please call. I would love to take you out for coffee.

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