120 Johnston St, Guelph, N1E 5T8

Home Overview

Description

Opportunity knocks at 120 Johnston St, Guelph! This solid, all-brick home sits proudly on a desirable corner lot in one of Guelphs most flexible and fast-growing areas. With over 2,000 sq/ft of finished space and 7 total bedrooms, this property is ideal for families, investors, or developers alike. Whether you're dreaming of a spacious family home, a student rental generating $5,000+/month, or converting it into a legal duplex or future 4-plex, the options here are as vast as your imagination (buyer to verify). There's even potential to add an income-boosting addition! Inside, you'll find a brand new kitchen, Gentac windows, a newer roof, a new chimney, and an owned water heater all contributing to a move-in ready, low-maintenance property. Just add a second kitchen upstairs and you could have tenants helping cover your mortgage immediately. Comparable homes have fetched $1000 per room, making this a cash-flow-positive opportunity from day one. The separate garage and large backyard offer added lifestyle or rental appeal. Enjoy the perks of a prime location just minutes to the University of Guelph, with direct bus routes, nearby parks, trails, and everyday amenities. This is a lifestyle investment, walkable, rentable, and adaptable. Private financing available to qualified buyers makes this an even easier door to open. 120 Johnston St isn't just a property, it is a launchpad. Whether you're planting roots or building your portfolio, this corner lot is your corner of opportunity.

1 month

On Market

Detached

Property Type

$4,632 / Year

Est. Taxes

2-Storey

Style

Detached

Garage

Part Fin

Basement

Location & Areas