About 138 Cole Road

This tidy and affordable fully detached three bedroom resides in the heart of South Guelph. It's a stone's throw away from Stone road mall as well as walking distance to Metro grocery. If you're looking for an affordable first home, this is probably one of your best opportunities in Guelph South. But if you're an investor, I think it also makes excellent sense given the current rental market. It has all the nearby shopping that students prefer, and is on a direct bus route to the university. You could develop another two bedrooms with bathroom in the basement, making this a five bedroom capable of pulling in between $4,500 and $6,000 per month. Back deck newly repaired and painted, Roof Aug. 2021

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