112 Forest Street, Guelph, ON
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
Description
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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Property Summary
This duplex located at 112 Forest Street, Guelph is currently for sale and has been available on SousaSells for 520 days. This property is listed at $998,500 with an estimated mortgage of $3,324* per month. It has 6 beds, 3 bathrooms, and is 2000-2500 square feet. 112 Forest Street, Guelph is in the Dovercliffe Park/Old University neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Hospital, Library, Park, Place Of Worship, School
Interior Features
Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Water Heater Owned, Water Softener
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
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 112 Forest Street, Guelph, ON N1G 1H9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Guelph, ON
For a property listed at $998,500 in Guelph, the legal minimum down payment is $74,850 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,445 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,445.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.