$1,099,900Asking Price
With the current home positioned on the short side of the lot, this property unlocks the full potential of an impressive approx. 45 x 129 ft side yard - a rare opportunity for homeowners, investors, and developers alike. Easily add an ADU (Additional Dwelling Unit) or capitalize on the existing approved severance application to build two semi-detached dwellings with the potential for up to 6 additional units. Much of the costly and time-consuming planning work has already been completed, including prior ADU approval and current severance approvals, making this a truly turnkey development opportunity. The recently renovated legal duplex features 3+2 bedrooms and offers immediate income potential, while providing the flexibility to live in one unit and thoughtfully develop the side yard over time. Whether you're looking to expand your investment portfolio, create a multi-generational living setup, or secure a high-upside redevelopment property, the possibilities here are exceptional. Located in the highly desirable Exhibition Park neighbourhood, this property is surrounded by a vibrant community atmosphere, mature trees, parks, schools, and amenities - including a newly installed park directly across the street. Rarely does a property combine immediate cash flow, future development potential, and a premier location so seamlessly. Explore the possibilities and imagine the future you can build here.
With the current home positioned on the short side of the lot, this property unlocks the full potential of an impressive approx. 45 x 129 ft side yard - a rare opportunity for homeowners, investors, and developers alike. Easily add an ADU (Additional Dwelling Unit) or capitalize on the existing approved severance application to build two semi-detached dwellings with the potential for up to 6 additional units. Much of the costly and time-consuming planning work has already been completed, including prior ADU approval and current severance approvals, making this a truly turnkey development opportunity. The recently renovated legal duplex features 3+2 bedrooms and offers immediate income potential, while providing the flexibility to live in one unit and thoughtfully develop the side yard over time. Whether you're looking to expand your investment portfolio, create a multi-generational living setup, or secure a high-upside redevelopment property, the possibilities here are exceptional. Located in the highly desirable Exhibition Park neighbourhood, this property is surrounded by a vibrant community atmosphere, mature trees, parks, schools, and amenities - including a newly installed park directly across the street. Rarely does a property combine immediate cash flow, future development potential, and a premier location so seamlessly. Explore the possibilities and imagine the future you can build here.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 14.24' x 10.14' | |
| 2 | Bathroom | Main | 6.53' x 6.23' | |
| 3 | Kitchen | Lower | 16.40' x 9.35' | |
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom on Lower | ||||
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Exhibition Park, Guelph is a west GTA neighbourhood notable for its singles, renters, university grads, executives and science and education, law & public sector professionals. Residents tend to be older with a significant number of adults aged 25 to 39, 25 to 39, 25 to 39, 25 to 39 and 25 to 39 and seniors aged 65 to 69.
Kids Per Family
0.9
kids per family
in the neighbourhood.
50%
of residents are
single and loving it.
50% singles
Guelph (44%)
55%
of residents
are renters.
55% renters
Guelph (33%)
53%
of residents are
university grads.
53% university grads
Guelph (39%)Average Household Income
$96K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Government | 14% |
| Business | 9% |
| Management | 7% |
| Sciences | 7% |
16%
of residents were
born outside of Canada.
16% immigrants
Guelph (22%)2.9% from UK
All-time
0.5% from Philippines
Recent
Foreign Languages
| French | 1% |
| German | 1% |
| Spanish | 1% |
| Italian | 1% |
| Tagalog | 1% |
Religions
| Christian | 55% |
| Jewish | 2% |
| Muslim | 2% |
| Buddhist | 1% |