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Guelph (dovercliffe Park/old University),ON N1G2R5
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 699 sqft
Price per Sqft $1,228
Subdivision Dovercliffe Park/Old University
MLS Listing ID X12001042
Style Bungalow
Bedrooms 5
Originating Board London and St. Thomas Association of REALTORS®
Property Sub-Type Freehold
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! (id:24570)
Location
State ON
Rooms
Kitchen 2.0
Extra Room 1 Basement 3.5 m X 2.9 m Dining room
Extra Room 2 Basement 3.05 m X 3.05 m Bedroom
Extra Room 3 Basement 3.05 m X 3.05 m Bedroom
Extra Room 4 Basement 3.5 m X 2.13 m Laundry room
Extra Room 5 Basement 6.4 m X 3.5 m Family room
Extra Room 6 Basement 3.81 m X 3.5 m Kitchen
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Bungalow
Others
Ownership Freehold