Homes for sale - 6 LAMBERT CRES, Guelph, ON N1G 2R5

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Fawad Nissari

eXp Realty

fawad.nissari@exprealty.com +1(416) 878-1085

$ 859,000

Est. payment | -/mo

3 Beds

2 Baths

Save

$ 859,000

Est. payment | -/mo

Save

3 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Dovercliffe Park/Old University

MLS Listing ID X12001042

Style Bungalow

Bedrooms 3

Building Age 51-99

Annual Tax Amount $4,671

Tax Year 2024

Property Sub-Type Detached

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!

Location

Province ON

County Wellington

Community Dovercliffe Park/Old University

Area Wellington

Rooms

Family Room Yes

Basement Separate Entrance, Finished

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Accessory Apartment, In-Law Capability, In-Law Suite, Water Heater Owned, Water Meter

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double, Other

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.72

Lot Depth 104.31

Total Parking Spaces 4

Building

Foundation Poured Concrete

Listed by FAIR AGENT REALTY

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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Milton Home With Basement Apartment Under 1 Million

6 LAMBERT CRES Guelph, ON N1G 2R5