$749,900
Guelph
29 Crimea Street, Guelph (Junction/Onward Willow), Ontario, N1H2Y5
This multi-family property in Guelph is for sale offering roughly 1,300 sq ft of space. It has been on the market 47 days, fresher than the Guelph average of 76 days.
Beautifully renovated duplex set on rare dbl-deep lot W/detached 720sqft garage/shop offering exceptional flexibility, income potential & future upside! Solid red brick home has been updated & configured into 2 self-contained 1-bdrm units-W/potential to add a 3rd-making it an ideal opportunity for investors or homeowners looking to offset their mtg W/rental income. Completely renovated & generating $4,310/mth in rental income this property presents a strong turnkey opportunity for investors. Front porch leads into front unit where you'll find an updated kitchen W/white cabinetry, backsplash & S/S appliances. This level is completed by a spacious bdrm. Upstairs a loft-style living space offers incredible versatility, perfect for living room, office or creative studio-along W/4pc bath W/oversized vanity, shower/tub & in-suite laundry. Rear unit is a well-designed 1-bdrm suite on a single level W/renovated kitchen W/white cabinetry, backsplash & S/S appliances. Living space is warm & inviting W/lots of natural light while the bdrm offers generous proportions & storage. 4pc bath & in-suite laundry add everyday convenience. Adding even more value the property has sep entrance to partially finished bsmt where you'll find a rec room/living area, bathroom & kitchen R/I presenting a strong opportunity for a potential 3rd 1-bdrm unit. Alternatively this space can be incorporated to expand the rear unit. Home has been renovated & updated throughout the yrs: roof 2023 & windows 2019. Set on rare dbl-deep lot W/rear laneway access, this property opens the door to future possibilities-whether it's exploring a lot severance or adding an add'l dwelling unit (ADU) subject to city approvals. Detached 720sqft garage W/hydro is ideal for car enthusiasts, hobbyists or those needing serious workspace. Steps from Sunny Acres Park & short walk to Fixed Gear Brewing. Easy reach of downtown W/shops, restaurants, nightlife & GO Station. Property that works today &offers even more for tomorrow (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 47 days on market, against an average age of 76 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed multi-family in Guelph (Junction/Onward Willow) has been listed for 47 days, which is 29 days fresher than the city average of 76. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $749,900, about 9.7× the local median household income of $77,000.
Carrying it typically needs a household income of about $146,482 (20% down, 25-yr amortization, stress-tested) — roughly 90% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1H)
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