64 Cedar Street, Guelph, ON

$1,199,900
MLS#:X9050532
11 beds
6 baths
5000 + sqft
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,900 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.

  • 11 Bedrooms and 6 Bathrooms with 6 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 50.97 x 167 ft lot
  • 10.0 total parking spaces available
  • Notable attributes: Water Heater
  • Efficient baseboard heating via electric

Description

Opportunity is here! Purpose built 6 Plex with 5-2bedroom units and 1-1bedroom unit. Very Close to public transit, walking distance to shopping, Stone Road Mall, parks, river, trails, grocery, University Of Guelph and schools. A vacancy here will be hard to come by. Potential/Market Rents are over $10,000 per month. This could be a great addition to your portfolio or a great plan for your future retirement.

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Property Summary

This multiplex located at 64 Cedar Street, Guelph is currently for sale and has been available on SousaSells for 724 days. This property is listed at $1,199,900 with an estimated mortgage of $3,994* per month. It has 11 beds, 6 bathrooms, and is 5000 + square feet. 64 Cedar 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

Bedrooms
11
Bathrooms
6
Kitchens
6
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 11, 2024
Sold price information is available to members only
Listed Date7/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural Style2-Storey
ConstructionBrick
BasementNone
Lot Size50.97 × 167 Feet
CountyWellington
Annual Tax$8,665
Legal DescriptionLOT 14, PLAN 500 ; S/T CS43001 GUELPH

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

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Location

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64 Cedar 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 64 Cedar Street, Guelph, ON N1G 1C5

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph.

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Interest Rate4.00%
Down Payment$359,970 (30.0%)
* Minimum Canadian down payment required for this price is $239,980.
Amortization Period30 Years
Estimated Monthly Payment$3,994Based on a loan of $839,930 over 30 years.
Purchase Price$1,199,900
Loan Amount$839,930
Provincial Land Transfer Tax:$20,473
Total Estimated Closing Taxes:$20,473

About Purchasing a Home in Guelph, ON

For a property listed at $1,199,900 in Guelph, the legal minimum down payment is $239,980 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 $20,473 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 $20,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Dovercliffe Park/Old University, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$879,899

People & Families

Age Distribution

Household Composition

One-person households
28%
Families with children
42%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English28%
Canadian22%
Scottish20%
Irish19%

Local Schools Guide

Elementary Schools

Saint-René-Goupil
Public221 Scottsdale Drive, Guelph, Ontario, N1G 3A1
5.7
Priory Park
Public275 Scottsdale Drive, Guelph, Ontario, N1G 3A1
4.6
Mary Phelan
Public8 Bishop Court, Guelph, Ontario, N1G 2R9
7.4
John McCrae
Public189 Water Street, Guelph, Ontario, N1G 1B3
8.8
Fred A Hamilton
Public160 Ironwood Road, Guelph, Ontario, N1G 3R4
6.3

Secondary Schools

Centennial
Public289 College Avenue West, Guelph, Ontario, N1G 1S9
8.0
College Heights
Public371 College Avenue West, Guelph, Ontario, N1G 1T3
0.0
Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied68%
Rented32%

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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.

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.