$799,000
↓ $51,000 from $850,000
Est. payment $3,538/moCalculate yours
10 Ontario Street, Guelph, ON N1E 3B1
St. Patrick's Ward, Guelph, ON N1E 3B1
- 4 + 3 Beds
- 3 Baths
- 1 Garage
- 1,500 Sq Ft
Listing courtesy of Bosley Real Estate Ltd. MLS® X13727156
About this home
Welcome to 10 Ontario Street! This property holds immense current and future value! Let’s start with its current value. This is a legal 2-unit, 7-bedroom duplex offering $6195 per month in rental income, or $74,340 annually. The main floor and basement are one unit with 5 bedrooms, and the second level is a separate, self-contained 2-bedroom unit completely detached from the lower unit and accessed via the rear deck and staircase. The lower and upper units rent for $3995 and $2200 per month, respectively. With owner’s expenses last year at approximately $16,379 (gas $1802, hydro/water $4134, internet $959, insurance $2873, taxes $6611), leaving $57,961 after owner expenses, there is ample room left to cover mortgage expense and management costs. But that’s not all! This property also has a city-approved, conditional severance in place and is at the stage where a new buyer could take over, fulfill the conditions of severance, and have two fully separated lots, allowing for a sale of the second lot to recapture some capital, or to retain the lot and build another multiplex. With stabilized revenue in place, this investment can carry itself while a new owner completes the lot severance and sale or plans their new build. Either way, this is an exceptional opportunity for the savvy investor. Get in touch with your realtor and book your private showing today!
Property details
Overview
- Property Type
- Duplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 100+
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4 + 3
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Full, Finished with Walk-Out
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Stone, Concrete Block
- Roof
- Shingles, Flat, Membrane
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 51.4 x 100.1 Feet
- Parking
- Detached garage · 3 total
- Zoning
- RL.2
Financial
- Property Taxes
- $6,231 (2026)
Location
- Neighbourhood
- St. Patrick's Ward
- Cross Street
- Neeve/Ontario
- Direction Faces
- North
Listing
- MLS® Number
- X13727156
- Days on Market
- 48
- Listed On
- 2026-08-31
- Possession
- Immediate with assumption
- Listed By
- Bosley Real Estate Ltd.
Features
Interior
- Accessory Apartment
Pool
- None
- Included
- 2 fridges, 2 stoves, 2 clothers washers, 2 clothes dryers
- Excluded
- Tenant's belongings
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$3,538 per month
- Principal and interest
- $3,538
- Property tax
- $519
- Condo fees
- $0
- Estimated monthly cost
- $4,057
Your mortgage
- Mortgage amount
- $639,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $422,140
Cash to close
- Down payment
- $159,800
- Land transfer tax
- $12,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $172,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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