$929,900
129 RICKSON AVENUE
Beds
8
Baths
3
Sqft
—
Year
—
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
An exceptional investment property ideally located ; with a hard- to- find City approved, LEGAL 3 bedroom basement apartment. Only a two minute walk to bus stop with direct bus to the University of Guelph. This 8 bedroom backsplit 5 level home is also conveniently located close to grocery store, restaurants, parks, and walking trails nearby. A quick drive to Highways 6 North (Hanlon) & the 401. Main floor features a dining, living room and new kitchen, installed in the last 3 years & there is also a dining/living room & optional bedroom. The lower level has a 3-pc bathroom, bedroom, family room, and a wet bar with a sink area (4 bathrooms total). There is a cozy upper wooden deck and a shaded fenced backyard with SEPARATE ENTRANCE (Walk UP) to 3 bedroom basement apartment with shared laundry room. A total of 5 bedrooms upstairs, updated laminate and tile floors. Central stairs & paved driveway for 3-car parking. Whether you are an investor or a student /parent investor looking for a solid home to buy while your children are attending University or an owner occupied scenario -seeking an 'income helper' from the lower floor LEGAL 3 Bedroom APT. (also with a NEW KITCHEN). This home superbly checks outs on all three core tenets of Real Estate Investment- Price ( 8 beds under $1M)- Timing (100% Vacant possession April 30th 2026)- Location (So close to everything!!) ) LOCATION LOCATION LOCATION !!! (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Kortright West
- Common interest
- Freehold
- Lot dimensions
- 45.4 x 101.7 FT
- Bedrooms
- 5 above grade, 3 below grade
- Parking
- 4 total
- Fireplace
- 1
- On market
- Mar 4, 2026
- Status changed
- Apr 17, 2026
- Annual tax
- $6,429.42 (2025)
- Zoning
- RESDENTIAL
- Photos
- 11
- MLS#
- X12842900
- Area
- GUELPH_(KORTRIGHT_WEST)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Utilities
Security
Cash on cash
-11.71%
Cap rate
3.55%
GRM
16.7
Break-even rent
$6,560
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Guelph (Kortright West). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.