Guelph N1G 2R5 Ontario
MLS: X12001042
Added 34 days ago | For Sale
Listed by: FAIR AGENT REALTY
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!
Level | Type | Features | Dimensions |
---|---|---|---|
Main | Family Room | 17 ft, 6 in x 11 ft, 6 in | |
Dining Room | 12 ft, 6 in x 8 ft | ||
Kitchen | 14 ft, 2 in x 11 ft, 5 in | ||
Primary Bedroom | 12 ft x 10 ft | ||
Bedroom | 11 ft x 10 ft | ||
Bedroom | 11 ft, 6 in x 9 ft | ||
Loft | 15 ft x 3 ft | ||
Basement | Family Room | 21 ft x 11 ft, 6 in | |
Kitchen | 12 ft, 6 in x 11 ft, 6 in | ||
Dining Room | 11 ft, 6 in x 9 ft, 6 in | ||
Bedroom | 10 ft x 10 ft | ||
Bedroom | 10 ft x 10 ft | ||
Laundry | 11 ft, 6 in x 7 ft |
No property rooms available.