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6 Lambert Crescent Guelph, Ontario N1G 2R5

5 Bedroom 2 Bathroom 700 - 1100 sqft
Bungalow Central Air Conditioning Forced Air

$859,000

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:38414)

Property Details

MLS® Number X12001042
Property Type Single Family
Community Name Dovercliffe Park/Old University
EquipmentType None
Features In-law Suite
ParkingSpaceTotal 4
RentalEquipmentType None

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsBelowGround 2
BedroomsTotal 5
Age 51 To 99 Years
Appliances Water Heater, Water Meter, Dishwasher, Dryer, Freezer, Furniture, Microwave, Hood Fan, Stove, Washer, Window Coverings, Refrigerator
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementFeatures Separate Entrance
BasementType N/a (finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 700 - 1100 Sqft
Type House
UtilityWater Municipal Water

Parking

Carport
No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 104 Ft ,3 In
SizeFrontage 50 Ft ,8 In
SizeIrregular 50.7 X 104.3 Ft
SizeTotalText 50.7 X 104.3 Ft|under 1/2 Acre
ZoningDescription R1b

Rooms

Level Type Dimensions
Basement Dining Room 3.5 m x 2.9 m
Basement Bedroom 3.05 m x 3.05 m
Basement Bedroom 3.05 m x 3.05 m
Basement Laundry Room 3.5 m x 2.13 m
Basement Family Room 6.4 m x 3.5 m
Basement Kitchen 3.81 m x 3.5 m
Main Level Family Room 5.33 m x 3.5 m
Main Level Dining Room 3.81 m x 2.44 m
Main Level Kitchen 4.31 m x 3.47 m
Main Level Primary Bedroom 3.65 m x 3.05 m
Main Level Bedroom 3.35 m x 3.05 m
Main Level Bedroom 3.5 m x 2.74 m
Main Level Loft 4.57 m x 0.91 m

Utilities

Cable Installed
Sewer Installed

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April 22 2025 09:23:52

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