51 PRESTON Street, Guelph, ON

$499,900
MLS#:X10876473
1 beds
1 baths
< 700 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Downtown. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 35.9 x 147 ft lot
  • Features a ["unfinished", "crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient outside/surface configuration
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient forced air heating

Adorable cozy one bedroom cottage on a fabulous deep lot. This hidden gem is perfect for a single professional or couple who enjoys living near all that beautiful downtown Guelph has to offer. This bungalow is bright and airy with lots of natural light coming in from the front windows two back doors. The back patio door leads to a private quiet deck in the backyard with mature trees and beautiful perennial gardens. Inside, over 700 SQ FT of finished space full of character and charm. Wide plank original wood floors in the living room and bedroom. A large porch, which has been enclosed to be part of the living area, comes with heated slate flooring for your comfort. At the back of the property there is storage and a great area for relaxing under the mature trees. Here you can enjoy nature right in the middle of the city. The depth of this lot should easily allow for an addition in the future, giving it lots of potential. Investors will also find that this property highly desirable as it has been very requested on Airbnb with an average income of $2400 per month. Further, with the shortage of housing for students this may also appeal to many parents who have a student coming to U of G and whom might wish to be off-campus. Many updates, including a new Furnace (2022), Dryer (2022), Fridge (2024) and Eaves through (2023). Don't miss out and come see this beautiful property during one of the Open Houses on Sat July 6th & Sun July 7th from 1 - 3 pm.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size35.9 × 147
CountyWellington
Annual Tax$3,008.78
Legal DescriptionPT LOT 54 & 55, PLAN 27 , AS IN ROS403716; S/T & T/W ROS403716 CITY OF GUELPH

Parking & Garage

Parking Spaces2.0
Garage TypeOutside/Surface

Heating & Cooling

Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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51 PRESTON Street, Guelph, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 51 PRESTON Street, Guelph, ON N1H 3C2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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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$399,920
Monthly Mortgage$2,324
Property Tax (Est.)$251
Utilities & Maint.$350
Total Monthly Cost$2,925

Strategic Fiscal Clarity

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