484 Speedvale Avenue, Guelph, ON N1E 1P2
$850,000
$850,000
MLS®#:
X12177438
Property Type:
Investment
Property Style:
Area:
Wellington
Community:
Riverside Park
Taxes:
$3,814 / 2024
Added:
May 27 2025
Lot Frontage:
100
Lot Depth:
59
Status:
Active
Outside:
Year Built:
Brokerage:
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Lot :

59

100

Intersection:
Victoria St N / Speedvale Ave
Rooms:
Bedrooms:
5
Bathrooms:
2
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Open
Heating Fuel:

Listing Details

Don't miss this fantastic opportunity to own a legal duplex that offers incredible versatility and generates strong positive cash flow. Net income is over $4800 per month, situating this property at over 6.5% cap rate, making it an ideal addition to any investment portfolio! The main level boasts a spacious layout with 3 bedrooms and 1 full bathroom perfect for families or tenants. It also features a brand new washer and dryer unit for added convenience. The fully finished, legal basement has been newly renovated and offers incredible potential, featuring 2 spacious bedrooms and a versatile den that can easily be converted into a third bedroom or a home office, along with a full bathroom. It includes a brand new water tank, brand new appliances fridge, stove, washer, dryer, dishwasher, and microwave making it ideal for extended family, renters, or generating extra income. With a carport and 10 total parking spaces, this property is a rare gem. Conveniently located near schools, public transit, shopping, and parks, it's perfect for investors, multi-generational families, or anyone seeking flexibility and space in a thriving neighbourhood.

Two (2) Fridge, Two (2) Stove, range hood, Two (2) Dishwasher , Two (2) Microwave, One (1) Washer Dryer combo and One (1) Washer and One (1) Dryer , Hot Water Tank , Ac and Furnace.

Neighbourhood

Schools, amenities, travel times, and market trends near 484 Speedvale Avenue
Schools

6 public & 4 Catholic schools serve this home. Of these, 9 have catchments. There are 2 private schools nearby.

Parks & Rec

4 playgrounds, 4 basketball courts and 11 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 1 min walk away. Rail transit stop less than 3 km away.

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Riverside Park home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Riverside Park
100%
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)