61 Cedar Street, Guelph, ON

$899,900
MLS#:X8469822
5 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] duplex located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 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.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 65 x 101 ft lot
  • Features a ["finished", "walk-up"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater, Water Softener
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Live comfortably and invest wisely at 61 Cedar Street. This stunning bungalow offers a versatile duplex layout, providing ample living space for families and lucrative rental opportunities. The property features a legally recognized 4-bedroom main level unit and a 2-bedroom lower unit. The main floor, exquisitely renovated in 2024, boasts a beautiful kitchen, a luxurious bathroom, refinished hardwood floors, and numerous new windows that brighten the space. Located in the desirable and mature Old University neighborhood, the property offers proximity to scenic trails, river access, and Guelph's vibrant downtown core. The nearby University of Guelph campus further enhances the property's appeal, ensuring a steady stream of potential tenants for years to come. With the main floor move-in ready and the lower unit already generating income, 61 Cedar Street is designed to offer a life of comfort and ease, ready to welcome you.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 25, 2024
Sold price information is available to members only
Listed Date6/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick
Lot Size65 × 101 Feet
CountyWellington
Annual Tax$5,357.74
Legal DescriptionPT DALY AVENUE ( FORMERLY DONNELL AVENUE ) PLAN 418, CLOSED BY BYLAW 4586 (MS3646), AS IN MS42872 ; S/T CS44598 GUELPH

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

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

Features

Property Features

Community Features

Location

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61 Cedar 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 61 Cedar Street, Guelph, ON N1G 1C4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$719,920
Monthly Mortgage$4,183
Property Tax (Est.)$446
Utilities & Maint.$350
Total Monthly Cost$4,979

Strategic Fiscal Clarity

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