$1,200,000

Investment For Sale In Exhibition Park, Guelph (Exhibition Park), Ontario

$1,200,000

Property Information:

Create Two Homes from One Premier Exhibition Park LotLocated in one of the city's most prestigious, tree-lined neighbourhoods, this exceptional flag-shaped lot offers a rare chance to create two distinct properties from one premier site. With 98' frontage and 129' depth at its widest points, the generously proportioned side yard provides an ideal canvas for a lot severance, allowing for a second home while retaining the existing, thoughtfully renovated legal duplex (3 bedrooms up, 2 down). Positioned directly across from a brand-new park, the property combines lifestyle, recreation, and top-tier education - just 500 m from Exhibition Park's expansive green spaces, trails, and community events, and within close proximity to schools offering International Baccalaureate (IB) programs. The duplex provides immediate revenue, giving you the flexibility to plan your new build on the severed lot or reimagine the entire property. With the trees cleared and the lot ready for construction, this property presents a pristine opportunity to build a custom luxury residence on the severed lot while maintaining an income-generating property. Potential eligibility for the CMHC Affordable Construction Loan Program (ACLP) further enhances the appeal for investors or families seeking a prestigious Exhibition Park address. Don't miss this once-in-a-generation chance to live, build, and invest in one of the city's most desirable neighbourhoods with a rare side-yard severance opportunity. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Architectural Style: Bungalow
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Floor Space: 700 - 1100 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water softener, Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3+2
  • Bathrooms: 2
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Features: Irregular lot size, Carpet Free
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 64 Feet
  • Lot Frontage: 96.1 Feet
  • Lot Size: 96.1 x 64 FT
  • Structure Type: Porch
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: Royal LePage Royal City Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.