Guelph, Old University, N1G 1C4
$899,900$000000
Listed by RE/MAX REAL ESTATE CENTRE INC..
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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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.