112 Forest Street, Guelph, ON

$998,500
MLS#:X11967668
6 beds
3 baths
2000-2500 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] duplex located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $998,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 65 x 112.75 ft lot
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

This exceptional LEGAL DUPLEX offers over 2,100sqft of living space above grade and is perfectly situated in one of Guelphs most desirable neighbourhoods. Nestled directly across from Hugh Guthrie Park and just a short walk to the University of Guelph, the GO Station, grocery stores, banks, coffee shops, gyms, and more, this property offers incredible accessibility. The main level features a bright and cozy living room with a gas fireplace, a functional kitchen, a formal dining room, two spacious bedrooms, and a 4 piece bathroom. Upstairs, you'll find two additional large bedrooms, a convenient office nook, an upper-level laundry area, and an updated 2 piece bathroom (2021). This main unit offers the potential to rent for ~$3,400/month. The legal 2 bedroom plus office basement apartment has its own separate entrance, in-suite laundry, and additional storage space creating an ideal setup for extended family or rental income (current basement rent is $2,400/month inclusive). Enjoy relaxing, entertaining, or watching the beautiful sunsets on the great-sized deck (2020) that overlooks the fully fenced backyard. The spacious driveway accommodates up to 5 vehicles, ensuring plenty of parking. Recent updates include: all new windows (2022), roof (2018), water softener (2023), A/C (2023), and more. This fantastic opportunity combines prime location, ample space, and income potential- don't miss your chance to own this versatile property in the heart of Guelph!

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Key Features

Bedrooms
6
Bathrooms
3
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 24, 2025
Sold price information is available to members only
Listed Date2/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionAluminum Siding, Brick
Lot Size65 × 112.75 Feet
CountyWellington
Annual Tax$7,046.88
Legal DescriptionPLAN 50 PT LOT 39

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Fenced Yard, Hospital, Library, Park, Place Of Worship, School

Community Features

Location

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112 Forest Street, Guelph, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 112 Forest Street, Guelph, ON N1G 1H9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$798,800
Monthly Mortgage$4,641
Property Tax (Est.)$587
Utilities & Maint.$350
Total Monthly Cost$5,578

Strategic Fiscal Clarity

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