$769,000
Guelph
41 ALMA Street North, Guelph, Ontario, N1H5X2
This multi-family property in Guelph is for sale offering roughly 1,919 sq ft of space.
Exceptional Investment Opportunity at 41 Alma Street North, Guelph! Step into a smart, revenue-generating property nestled in one of Guelph’s most established neighbourhoods. This fully legal duplex offers both comfort and strong income potential, making it ideal for investors, multigenerational families, or owner-occupiers seeking supplementary income. The main level features over 1,000 square feet of bright, welcoming living space. It includes two generous bedrooms, an open-concept living and dining area, and a well-appointed kitchen with stainless steel appliances. The entire level is carpet-free, creating a clean, low-maintenance environment perfect for everyday living. The lower level has a separate entrance and offers an excellent secondary living space. It includes two additional bedrooms, a full kitchen, a full bathroom, a spacious living room, and ample storage. Whether used as a rental suite, in-law setup, or shared family space, the layout provides both privacy and functionality. Outside, the mature backyard offers plenty of space to relax or entertain. A large deck provides a private retreat surrounded by greenery, ideal for summer gatherings, gardening, or simply enjoying quiet evenings outdoors. Located in a sought-after area, this property is within walking distance to The Junction, offering access to trendy shops, restaurants, and cafés. It’s also close to parks, schools, and public transit, with quick connections to downtown Guelph’s amenities, culture, and entertainment. The area’s strong rental demand adds to the appeal for investors and those seeking long-term value. Whether you’re building wealth, accommodating family, or looking for a flexible living arrangement, 41 Alma Street North delivers the perfect blend of comfort, location, and opportunity. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 159 days on market, against an average age of 63 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 4-bed multi-family in Guelph is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $769,000, about 10.0× the local median household income of $77,000.
Carrying it typically needs a household income of about $150,213 (20% down, 25-yr amortization, stress-tested) — roughly 95% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1H)
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Loading rates, 30-yr amortization
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