6 LAMBERT Cres

Guelph, Ontario, N1G 2R5

$ 859,000

6 LAMBERT Cres

$ 859,000

Guelph, Ontario, N1G 2R5

Overview

Updated On:

March 11, 2025 01:09 PM

3 Bedrooms

2 Bathrooms

$ 859,000 Price

Age:51-99

Listing Description

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!

Address

Address:  6 LAMBERT Cres

City: Guelph

State: Ontario

Zip: N1G 2R5

Area: Wellington

Community: Dovercliffe Park/Old University

Directions: Devere Dr

Details

Property Id: X12001042

Property Type: Residential

Building Type: Detached

Property Style: Bungalow

Price: $ 859,000

Bedrooms: 3

Bathrooms: 2

Rooms: 7

Age: 51-99

Structure Type: Brick

On Site: March 12, 2025

Additional Information

Tax: $ 4,671

Tax Year: 2024

Fireplace Features: Gas

Utilities Gas: Yes

Utilities Cable: Yes

Utilities Hydro: Yes

Retirement: No

Kitchens: 1

Kitchens Plus: 1

Rooms Plus: 6

Basement: Finished

Zoning: R1B

Room Information

Family

 Features: Bay Window

 Level: Main

 Dimensions: 5.33 x 3.50

Dining

 Level: Main

 Dimensions: 3.81 x 2.44

Kitchen

 Level: Main

 Dimensions: 4.31 x 3.47

Primary Bedroom

 Level: Main

 Dimensions: 3.65 x 3.05

Bedroom

 Level: Main

 Dimensions: 3.35 x 3.05

Bedroom

 Level: Main

 Dimensions: 3.50 x 2.74

Loft

 Level: Main

 Dimensions: 4.57 x 0.91

Family

 Level: Bsmt

 Dimensions: 6.40 x 3.50

Kitchen

 Level: Bsmt

 Dimensions: 3.81 x 3.50

Dining

 Level: Bsmt

 Dimensions: 3.50 x 2.90

Bedroom

 Level: Bsmt

 Dimensions: 3.05 x 3.05

Bedroom

 Level: Bsmt

 Dimensions: 3.05 x 3.05

Features

Outdoor Details

 Other Drive

Heating

 Gas

 Forced Air

Water

 Municipal Water

Appliances

 Laundry Level: Lower

Parking

 Parking Spaces: 4

 Garage Spaces: 0

Utilities

 Central Vacuum Cleaning

 Family Room Available

 Telephone Available

 Sewers

Map

Walkscore

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