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Guelph,ON N1H 1M7
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Exhibition Park
MLS Listing ID X12467555
Style Bungalow
Bedrooms 5
Annual Tax Amount $4,892
Tax Year 2024
Property Sub-Type Duplex
Property Description
Stylish Income Property in Coveted Exhibition Park. Nestled within one of the city's most prestigious, tree-lined neighbourhoods, this property is anchored by a thoughtfully renovated legal duplex offering both flexibility and financial strength. The upper 3-bedroom and lower 2-bedroom units present a combined income potential of approximately $4,750 per month, allowing you to offset costs or generate steady cash flow from day one. With vacant possession available, new market rents can be set immediately - ideal for investors or owner-occupiers alike.Set on a flag-shaped lot spanning 98' frontage by 129' depth, the home sits directly across from a brand-new park-perfect for families and refined outdoor living. Just 500 m away, Exhibition Park provides expansive green space, scenic trails, and lively community events, while nearby schools offer International Baccalaureate (IB) programs, blending top-tier education with family lifestyle. Beyond its turnkey duplex, this rare property also presents future development potential: retain the existing structure and sever a second lot, or pursue plans for two attached single-family homes, each designed as multi-unit dwellings. Combined with the duplex, the site could accommodate up to seven premium units in total, appealing to both investors and developers.With trees already cleared and extensive due diligence completed, the property offers a ready canvas to bring your vision to life-whether as a sophisticated income property, a custom estate, or a boutique multi-unit development. In a neighbourhood defined by stunning luxury homes and timeless charm, this is a once-in-a-generation opportunity to live, build, and invest in Exhibition Park.
Location
Province ON
County Wellington
Community Exhibition Park
Area Wellington
Rooms
Family Room No
Basement Apartment,Walk-Up
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Carpet Free,In-Law Suite,Primary Bedroom - Main Floor,Water Softener
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Porch,Recreational Area
Pool None
Roof Type Asphalt Shingle
Lot Frontage 96.1
Lot Depth 64.0
Total Parking Spaces 4
Building
Unit Features Hospital,Park,Public Transit,School
Foundation Poured Concrete
Others
ParcelsYN No
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