138 Cole Road, Guelph, ON N1G 3Z5

This well-maintained and very budget-friendly FULLY DETATCHED 3-bedroom home is ideally situated in the heart of South Guelph. Just steps from Stone Road Mall and within walking distance to the Metro grocery store, convenience is at your doorstep. Whether you’re a first-time buyer looking to enter the market or an investor seeking a strong rental opportunity, this property checks all the boxes. Located on a direct bus route to the University of Guelph and surrounded by popular student amenities, it’s perfectly positioned for consistent rental demand. The unfinished basement offers excellent potential to add two more bedrooms and a bathroom to transform this into a 5-bedroom income property, capable of generating +/- $5,000/month in rental income. Updates include a freshly repaired and painted back deck, and new roof completed in August 2021. Don’t miss one of the best value opportunities in South Guelph!