241 Guelph Avenue Cambridge, Ontario N3C 1A9

5 Bedroom 3 Bathroom 2,783 sqft
Bungalow Central Air Conditioning Baseboard Heaters, In Floor Heating, Forced Air

$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:50787)

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 Sqft
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 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 17'0''
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 10'0''
Main Level Kitchen 15'4'' x 14'9''
Main Level Dining Room 14'1'' x 10'4''
Main Level Living Room 14'1'' x 15'0''

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

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