5 Bedroom
2 Bathroom
Bungalow
Central Air Conditioning
Forced Air
$859,000
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:47351)
Property Details
|
MLS® Number
|
X12001042 |
|
Property Type
|
Single Family |
|
Community Name
|
Dovercliffe Park/Old University |
|
Equipment Type
|
None |
|
Features
|
In-law Suite |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
None |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Below Ground
|
2 |
|
Bedrooms Total
|
5 |
|
Appliances
|
Water Heater, Water Meter, Dishwasher, Dryer, Freezer, Furniture, Microwave, Hood Fan, Stove, Washer, Window Coverings, Refrigerator |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Finished |
|
Basement Features
|
Separate Entrance |
|
Basement Type
|
N/a (finished) |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
104 Ft ,3 In |
|
Size Frontage
|
50 Ft ,8 In |
|
Size Irregular
|
50.72 X 104.31 Ft |
|
Size Total Text
|
50.72 X 104.31 Ft|under 1/2 Acre |
|
Zoning Description
|
R1b |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Basement |
Dining Room |
3.5 m |
2.9 m |
3.5 m x 2.9 m |
|
Basement |
Bedroom |
3.05 m |
3.05 m |
3.05 m x 3.05 m |
|
Basement |
Bedroom |
3.05 m |
3.05 m |
3.05 m x 3.05 m |
|
Basement |
Laundry Room |
3.5 m |
2.13 m |
3.5 m x 2.13 m |
|
Basement |
Family Room |
6.4 m |
3.5 m |
6.4 m x 3.5 m |
|
Basement |
Kitchen |
3.81 m |
3.5 m |
3.81 m x 3.5 m |
|
Main Level |
Family Room |
5.33 m |
3.5 m |
5.33 m x 3.5 m |
|
Main Level |
Dining Room |
3.81 m |
2.44 m |
3.81 m x 2.44 m |
|
Main Level |
Kitchen |
4.31 m |
3.47 m |
4.31 m x 3.47 m |
|
Main Level |
Primary Bedroom |
3.65 m |
3.05 m |
3.65 m x 3.05 m |
|
Main Level |
Bedroom |
3.35 m |
3.05 m |
3.35 m x 3.05 m |
|
Main Level |
Bedroom |
3.5 m |
2.74 m |
3.5 m x 2.74 m |
|
Main Level |
Loft |
4.57 m |
0.91 m |
4.57 m x 0.91 m |
Utilities
|
Cable
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/27981891/6-lambert-crescent-guelph-dovercliffe-parkold-university-dovercliffe-parkold-university
