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Guelph,ON N1G 2R5
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Dovercliffe Park/Old University
MLS Listing ID X12001042
Style Bungalow
Bedrooms 3
Building Age 51-99
Annual Tax Amount $4,671
Tax Year 2024
Property Sub-Type Detached
Property Description
This legal duplex is a fantastic investment opportunity or the perfect solution for buyers looking to offset their mortgage with rental income. Located in a desirable, quiet neighborhood near the university, walking trails, and shopping, this solid brick bungalow sits on a 50 x 105 ft lot with a double driveway (fits 4 cars) and a carport for added convenience. The main floor features a bright 3-bedroom apartment, complete with a spacious living room and large bay window, a separate dining area, and a modernized kitchen with a new backsplash. The renovated bathroom includes an updated vanity, while all three bedrooms provide comfortable living space ideal for owner-occupiers or premium market rent potential (approx $3,000-$3,200/month). A separate entrance leads to the 2-bedroom lower-level apartment, currently leased for $2,100 + 40% of utilities (May 2025- April 30, 2026). This spacious unit boasts a large living/dining area, a well-equipped kitchen with a breakfast nook and new appliances, plus a recently renovated bathroom and updated flooring in the bedrooms making it a highly desirable rental. With a large backyard featuring mature trees, a private garden, and a small patio, there's even potential for a third accessory apartment to further maximize income. Additional perks include gas heating, central A/C, and a security camera system for added peace of mind. Whether you're an investor seeking strong rental returns or a homeowner looking for mortgage relief, this turnkey duplex in a growing and in-demand area is an excellent opportunity!
Location
Province ON
County Wellington
Community Dovercliffe Park/Old University
Area Wellington
Rooms
Family Room Yes
Basement Separate Entrance,Finished
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Accessory Apartment,In-Law Capability,In-Law Suite,Water Heater Owned,Water Meter
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double,Other
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.72
Lot Depth 104.31
Total Parking Spaces 4
Building
Foundation Poured Concrete