29 Crimea Street Guelph, Ontario N1H 2Y5

$850,000

Beautifully renovated duplex set on rare dbl-deep lot W/detached 720sqft garage/shop offering exceptional flexibility, income potential & future upside! Solid red brick home has been updated & configured into 2 self-contained 1-bdrm units—W/potential to add a 3rd—making it an ideal opportunity for investors or homeowners looking to offset their mtg W/rental income. Completely renovated & generating $4,310/mth in rental income this property presents a strong turnkey opportunity for investors. Front porch leads into front unit where you’ll find an updated kitchen W/white cabinetry, backsplash & S/S appliances. This level is completed by a spacious bdrm. Upstairs an expansive loft-style living space offers incredible versatility, perfect for living room, office or creative studio—along with 4pc bath W/oversized vanity & shower/tub. The rear unit is a well-designed 1-bdrm suite on a single level W/renovated kitchen W/white cabinetry, backsplash & S/S appliances. Living space is warm & inviting W/lots of natural light while the bdrm offers generous proportions & storage. 4pc bath & in-suite laundry add everyday convenience. Adding even more value the property has sep entrance to partially finished bsmt where you’ll find a rec room/living area, bathroom & kitchen R/I presenting a strong opportunity for a potential 3rd 1-bdrm unit. Alternatively this space can be incorporated to expand the rear unit. Home has been renovated & updated throughout the yrs: roof 2023 & windows 2019. Set on rare dbl-deep lot W/rear laneway access, this property opens the door to future possibilities—whether it’s exploring a lot severance or adding an add'l dwelling unit (ADU) subject to city approvals. Detached 720sqft garage W/hydro is ideal for car enthusiasts, hobbyists or those needing serious workspace. Steps from Sunny Acres Park & short walk to Fixed Gear Brewing. Easy reach of downtown W/shops, restaurants, nightlife & GO Station. Property that works today &offers even more for tomorrow (id:19593)

Property Details

MLS® Number	40820848
Property Type	Multi-family
Amenities Near By	Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features	School Bus
Equipment Type	Water Heater
Features	Paved Driveway
Parking Space Total	6
Rental Equipment Type	Water Heater

Building

Bathroom Total	3
Bedrooms Total	2
Appliances	Water Softener
Basement Development	Partially Finished
Basement Type	Full (partially Finished)
Constructed Date	1910
Cooling Type	None
Exterior Finish	Brick, Vinyl Siding
Foundation Type	Stone
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,516 Ft2
Type	Duplex
Utility Water	Municipal Water

Parking

Detached Garage

Land

Acreage	No
Land Amenities	Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer	Municipal Sewage System
Size Depth	180 Ft
Size Frontage	47 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	R2

https://www.realtor.ca/real-estate/29609081/29-crimea-street-guelph