241 Guelph Avenue Cambridge, Ontario N3C 1A9

$750,000

Welcome to a rare and versatile property offering exceptional lifestyle and income potential with front and back semi-detached bungalows under one ownership. Whether you are seeking multi-generational living, a strong real estate addition to your portfolio, or the opportunity to occupy one unit while renting the other to offset your mortgage, this property delivers outstanding flexibility. Situated on a generous 45 x 182 ft lot, this well-maintained property offers two self-contained units, each with separate entrances, separate hydro meters, and parking for up to 6 vehicles between front and rear parking areas. Soundproofing and added insulation between the units enhance privacy and comfort. The front bungalow features a spacious 3-bedroom, 1.5-bathroom layout with open-concept living, hardwood and tile flooring, and heated bathroom floors. The well-appointed kitchen offers island seating, a pantry, and excellent functionality, while a separate laundry room and ample storage add everyday convenience. The finished lower level is enhanced with engineered hardwood flooring, pot lights, and pre-wiring for surround sound. The rear bungalow offers a bright 2-bedroom layout, complete with a 4-piece bathroom featuring in-floor heating. The open-concept main level includes an updated kitchen with soft-close cabinetry and stainless steel appliances, while French doors open to an expansive covered deck and wraparound outdoor space. The lower level bedrooms offer privacy and functionality, complete with an all-in-one washer/dryer. Additional highlights include updated LED lighting throughout, smart key lock sets, tankless water heater, shed, and dual access from both the front driveway and rear city-maintained laneway. Ideally located just steps to downtown Hespeler, shopping, parks, the library, scenic walking trails, and with quick Highway 401 access for commuters, this is a rare opportunity to secure a flexible property with strong income potential in a prime location. (id:19593)

Property Details

MLS® Number	40823501
Property Type	Single Family
Amenities Near By	Park, Public Transit, Schools, Shopping
Community Features	Community Centre
Equipment Type	Rental Water Softener, Water Heater
Features	In-law Suite
Parking Space Total	6
Rental Equipment Type	Rental Water Softener, Water Heater

Building

Bathroom Total	3
Bedrooms Above Ground	1
Bedrooms Below Ground	4
Bedrooms Total	5
Appliances	Dishwasher, Dryer, Refrigerator, Stove, Water Softener, Washer, Gas Stove(s), Hood Fan
Architectural Style	Bungalow
Basement Development	Finished
Basement Type	Full (finished)
Constructed Date	1961
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Vinyl Siding
Half Bath Total	1
Heating Fuel	Electric, Natural Gas
Heating Type	Baseboard Heaters, In Floor Heating, Forced Air
Stories Total	1
Size Interior	2,783 Ft2
Type	House
Utility Water	Municipal Water

Parking

Open

Land

Access Type	Highway Access
Acreage	No
Land Amenities	Park, Public Transit, Schools, Shopping
Sewer	Municipal Sewage System
Size Depth	182 Ft
Size Frontage	45 Ft
Size Irregular	0.19
Size Total	0.19 Ac|under 1/2 Acre
Size Total Text	0.19 Ac|under 1/2 Acre
Zoning Description	R2

Rooms

Level	Type	Length	Width	Dimensions
Lower Level	4pc Bathroom			8'7'' x 4'11''
Lower Level	Bedroom			8'7'' x 13'5''
Lower Level	Bedroom			9'4'' x 13'5''
Lower Level	Utility Room			5'9'' x 7'7''
Lower Level	Storage			10'7'' x 10'11''
Lower Level	Laundry Room			5'9'' x 7'7''
Lower Level	Recreation Room			11'11'' x 10'11''
Lower Level	Bedroom			13'3'' x 10'10''
Lower Level	Bedroom			14'1'' x 10'11''
Main Level	Living Room			10'4'' x 17'
Main Level	Dining Room			8'9'' x 9'3''
Main Level	Kitchen			9'3'' x 11'1''
Main Level	2pc Bathroom			2'4'' x 7'5''
Main Level	Full Bathroom			7' x 6'6''
Main Level	Primary Bedroom			13'8'' x 10'
Main Level	Kitchen			15'4'' x 14'9''
Main Level	Dining Room			14'1'' x 10'4''
Main Level	Living Room			14'1'' x 15'

https://www.realtor.ca/real-estate/29669594/241-guelph-avenue-cambridge