We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
159 GLASGOW STREET N
Swipe through similar matches — tap the heart to save, or open one for the full read.
Beds
5
Baths
5
Sqft
—
Year
—
Type
Multi-family
On market
28d
159 Glasgow Street presents a rare opportunity to acquire a fully tenanted 5-plex in one of Guelph's most consistently desirable rental locations. Situated just minutes from Downtown Guelph, parks, trails, and the GO Station, this property offers the kind of location tenants actively seek-supporting long-term rental demand and future investment stability.The building features a total of five residential units, including four 1-bedroom, 1-bathroom apartments and one bachelor suite. With all units currently tenanted, this is an ideal opportunity for investors looking to add a fully occupied multi-residential asset to their portfolio.Positioned in a strong rental corridor near downtown amenities, transit, shopping, restaurants, and commuter access, the property offers excellent long-term upside potential. Investors will appreciate the opportunity to increase revenue over time as units turn over and rents move toward current market rates.Additional features include four private driveway parking spaces along with nearby street parking-an added convenience in this central location.Whether you are a seasoned investor expanding your portfolio or looking to secure a multi-unit property in a high-demand rental area, 159 Glasgow Street offers a compelling combination of location, stable tenancy, and future income growth potential. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 4.65 × 4.65 meters | |
| Dining room | 3.53 × 3.96 meters | |
| Bedroom | 2.29 × 3.02 meters | |
| Kitchen | 2.9 × 1.55 meters | |
| Bathroom | 2.13 × 1.5 meters | |
| Bathroom | 2.13 × 1.52 meters | |
| Dining room | 2.08 × 3.1 meters | |
| Bedroom | 3.2 × 2.92 meters | |
| Den | 3.86 × 4.62 meters |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 2.77 × 1.8 meters | |
| Dining room | 2.74 × 3.81 meters | |
| Bedroom | 3.43 × 3.81 meters | |
| Bathroom | 2.18 × 1.52 meters | |
| Bathroom | 1.85 × 1.78 meters | |
| Kitchen | 2.72 × 2.01 meters | |
| Dining room | 3.33 × 1.85 meters | |
| Bedroom | 3.33 × 2.74 meters | |
| Living room | 3.63 × 3.45 meters | |
| Bedroom | 3.63 × 5.22 meters | |
| Kitchen | 1.51 × 1.8 meters | |
| Bathroom |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.87%
Cap rate
4.69%
GRM
13.9
Break-even rent
$5,845
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
| 0.88 × 2.42 meters |
| Living room | 5.92 × 3.05 meters |
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Guelph (Downtown). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.