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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
Kitchen 2
Interior
Cooling Central Air
Exterior
Parking Features Private Double,Other
Pool None
Roof Type Asphalt Shingle
Building
Foundation Poured Concrete