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150 Bagot St

45 Unit Apartment Building $7,587,683 USD ($168,615 USD/Unit) 4.22% Cap Rate Guelph, ON N1H 5T9

Executive Summary

his exceptional multifamily property, located at 150 Bagot Street in the city of Guelph, Ontario, represents a premier investment opportunity. The building consists of 46 spacious units, exclusively featuring two and three-bedroom layouts, which cater to families and professionals seeking comfortable and sizeable living spaces. With a strong Year 1 NOI of $464,008, this property demonstrates a solid income-generating potential from the outset.
Each unit is separately metered for hydro, a feature that not only promotes energy efficiency but also significantly reduces the overall operating costs for the property owner. The property also includes a range of well-maintained amenities, such as a large, clean lobby, ample parking, and a dedicated laundry room, all of which contribute to the desirability and functionality of the building.
This value-add property offers an impressive 87% average upside potential, making it an ideal choice for investors looking to achieve substantial returns. The opportunity to renovate and modernize unrenovated units further enhances the investment appeal, providing a clear path for value enhancement. Situated in a prime location within Guelph, the property benefits from strong rental demand, excellent accessibility, and a vibrant community atmosphere. With its combination of large units, significant upside potential, and strategic location, this multifamily property is well-positioned to deliver considerable value to its next owner

Property Facts

Price $7,587,683 USD
Price Per Unit $168,615 USD
Sale Type Investment
Cap Rate 4.22%
No. Units 45
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Building Size 45,582 SF
No. Stories 3
Year Built 1961
Parking Ratio 0.66/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 17 - 450
3+2 28 - 650
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32044805

  • Date on Market: 6/6/2024

  • Last Updated:

  • Address: 150 Bagot St, Guelph, ON N1H 5T9

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