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$859,000

6 LAMBERT CRESCENT, Guelph (Dovercliffe Park/Old University), Ontario, N1G 2R5

QuickQuoteTM: $774K - $942K
MLS® # X12001042

3+2 Beds

2 Baths

FEETSQ sqft

Property Information:

This legal duplex is a fantastic investment opportunity or the perfect solution for buyers looking to offset their mortgage with rental income. Located in a desirable, quiet neighborhood near the university, walking trails, and shopping, this solid brick bungalow sits on a 50 x 105 ft lot with a double driveway (fits 4 cars) and a carport for added convenience. The main floor features a bright 3-bedroom apartment, complete with a spacious living room and large bay window, a separate dining area, and a modernized kitchen with a new backsplash. The renovated bathroom includes an updated vanity, while all three bedrooms provide comfortable living space ideal for owner-occupiers or premium market rent potential (approx $3,000-$3,200/month). A separate entrance leads to the 2-bedroom lower-level apartment, currently leased for $2,100 + 40% of utilities (May 2025- April 30, 2026). This spacious unit boasts a large living/dining area, a well-equipped kitchen with a breakfast nook and new appliances, plus a recently renovated bathroom and updated flooring in the bedrooms making it a highly desirable rental. With a large backyard featuring mature trees, a private garden, and a small patio, there's even potential for a third accessory apartment to further maximize income. Additional perks include gas heating, central A/C, and a security camera system for added peace of mind. Whether you're an investor seeking strong rental returns or a homeowner looking for mortgage relief, this turnkey duplex in a growing and in-demand area is an excellent opportunity! (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water meter, Dishwasher, Dryer, Freezer, Microwave, Hood Fan, Stove, Washer, Window Coverings, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+2
  • Bathrooms: 2
  • Features:
  • Irregular: Yes
  • Lot Depth: 104.3 Feet
  • Lot Frontage: 50.7 Feet
  • Lot Size: 50.72 x 104.31 FT
  • Utility Type: Cable - Installed, Sewer - Installed
  • Zoning: R1B
  • Sewer: Sanitary sewer
  • Parking Type: Carport, No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Dining Basement Level 3.50 m x 2.90 m
  • Bedroom Basement Level 3.05 m x 3.05 m
  • Bedroom Basement Level 3.05 m x 3.05 m
  • Laundry Basement Level 3.50 m x 2.13 m
  • Family Basement Level 6.40 m x 3.50 m
  • Kitchen Basement Level 3.81 m x 3.50 m
  • Family Main Level 5.33 m x 3.50 m
  • Dining Main Level 3.81 m x 2.44 m
  • Kitchen Main Level 4.31 m x 3.47 m
  • Primary Bedroom Main Level 3.65 m x 3.05 m
  • Bedroom Main Level 3.35 m x 3.05 m
  • Bedroom Main Level 3.50 m x 2.74 m
  • Loft Main Level 4.57 m x 0.91 m

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Courtesy of: FAIR AGENT REALTY

REALTOR.ca  

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Location of 6 LAMBERT CRESCENT, Guelph (Dovercliffe Park/Old University), Ontario, N1G 2R5

Demographic Information of 6 LAMBERT CRESCENT, Guelph (Dovercliffe Park/Old University), Ontario, N1G 2R5

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$120,193.67

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.14 %

High school certificate or equivalent

28.82 %

Apprenticeship trade certificate/diploma

4.57 %

College/non-university certificate

21.41 %

University certificate (below bachelor)

0.95 %

University Degree

29.1 %

Commuter

Travel To Work

By Car

91.72 %

By Public Transit

0.22 %

By Walking

0.28 %

By Bicycle

0.05 %

By Other Methods

7.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.25 %

Houses

97.75 %

Own Vs. Rent

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