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.
| MLS # | X14119516 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 8 |
| Listing Provided By | BLUE FOREST REALTY INC. | X14119516 411000 |
| Bath(s) | 17 |
|---|---|
| SQ Feet | 51,749 |
| Acreage | 1.19 |
| Cooling | Yes |
|---|
| Utilities | Available |
|---|
| Tax Annual Amount | 6564 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 9 CON 10 HOWARD AS IN 365015; CHATHAM-KENT |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Chatham Kent |
| City | Chatham-Kent |
| Postal Code | N0P 2C0 |
| Area | Ridgetown |
| Listing VS Median (in N0P 2C0) | |
Price: $1,890,000 low | high Med: $774,900 sqft: 51,749 low | high Med: 11,400 $ / sqft: $37 low | high Med: $68 On site: 8 low | high Med: 254 | |
| Province | ON |
|---|---|
| County | Chatham Kent |
| City | Chatham-Kent |
| Postal Code | N0P 2C0 |
| Area | Ridgetown |
| Listing VS Median (in N0P 2C0) | |
Price: $1,890,000 low | high Med: $774,900 sqft: 51,749 low | high Med: 11,400 $ / sqft: $37 low | high Med: $68 On site: 8 low | high Med: 254 | |