61 Cedar Street, Guelph, ON

$899,900
MLS#:X8469822
5 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] duplex located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 65 x 101 ft lot
  • Features a ["finished", "walk-up"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater, Water Softener
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Live comfortably and invest wisely at 61 Cedar Street. This stunning bungalow offers a versatile duplex layout, providing ample living space for families and lucrative rental opportunities. The property features a legally recognized 4-bedroom main level unit and a 2-bedroom lower unit. The main floor, exquisitely renovated in 2024, boasts a beautiful kitchen, a luxurious bathroom, refinished hardwood floors, and numerous new windows that brighten the space. Located in the desirable and mature Old University neighborhood, the property offers proximity to scenic trails, river access, and Guelph's vibrant downtown core. The nearby University of Guelph campus further enhances the property's appeal, ensuring a steady stream of potential tenants for years to come. With the main floor move-in ready and the lower unit already generating income, 61 Cedar Street is designed to offer a life of comfort and ease, ready to welcome you.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 25, 2024
Sold price information is available to members only
Listed Date6/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFinished, Walk-Up
Lot Size65 × 101 Feet
CountyWellington
Annual Tax$5,357.74
Legal DescriptionPT DALY AVENUE ( FORMERLY DONNELL AVENUE ) PLAN 418, CLOSED BY BYLAW 4586 (MS3646), AS IN MS42872 ; S/T CS44598 GUELPH

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater, Water Softener

Security Features

Community Features

Location

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61 Cedar Street, Guelph, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 61 Cedar Street, Guelph, ON N1G 1C4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$719,920
Monthly Mortgage$4,183
Property Tax (Est.)$446
Utilities & Maint.$350
Total Monthly Cost$4,979

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Guelph.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Dovercliffe Parkold University, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
28%
Families with children
42%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English28%
Canadian22%
Scottish20%
Irish19%

Local Schools Guide

Elementary Schools

Central
Public97 Dublin Street North, Guelph, Ontario, N1H 4N2
7.6
John McCrae
Public189 Water Street, Guelph, Ontario, N1G 1B3
8.8
Sacred Heart
Public125 Huron Street, Guelph, Ontario, N1E 5L5
6.3
King George
Public72 Lemon Street, Guelph, Ontario, N1E 2H5
7.7
John Galt
Public50 Laurine Avenue, Guelph, Ontario, N1E 4M9
6.3

Secondary Schools

Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2
Our Lady of Lourdes
Public54 Westmount Road, Guelph, Ontario, N1H 5H7
4.6
Centennial
Public289 College Avenue West, Guelph, Ontario, N1G 1S9
8.0
John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7
College Heights
Public371 College Avenue West, Guelph, Ontario, N1G 1T3
0.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied68%
Rented32%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.