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$1,200,000

3+2 Beds

2 Baths

700 - 1100 FEETSQ

QuickQuoteTM: Not Available

Guelph (Exhibition Park) ON, N1H 1M7

MLS® # X12465811

Property Information:

Prime Development Opportunity in Historic Exhibition Park. Set within one of the city's most prestigious, tree-lined neighbourhoods, this flag-shaped lot spans 98' frontage by 129' depth and sits directly across from a brand new park - perfect for families and refined outdoor living. Just 500 m away, Exhibition Park offers expansive green space, scenic trails, and lively community events, while nearby schools provide International Baccalaureate (IB) programs, combining lifestyle, recreation, and top-tier education for families. Anchored by a thoughtfully renovated legal duplex (3 bedrooms up, 2 down), the property provides strong rental income potential of approximately $4,750 per month, allowing you to offset costs while planning your next masterpiece. With vacant possession available, you have the flexibility to set new market rents immediately. This extraordinary site presents limitless possibilities: reimagine the lot with a custom luxury residence, retain the duplex and sever a second lot, or capitalize on completed due diligence to pursue approvals for two attached single-family homes, each designed as a multi-unit dwelling. Combined with the duplex, the property could accommodate up to seven premium units in total. Potential eligibility for the CMHC Affordable Construction Loan Program (ACLP) further enhances flexibility for discerning investors or families seeking a prestigious address. With trees already cleared, the property offers a pristine canvas to bring your vision to life-whether as a private estate, a sophisticated multi-unit investment, or a combination of both. Several stunning luxury homes in the neighbourhood set the standard for stye, quality and value. Don't miss this once-in-a-generation opportunity to live, build, and invest in one of the city's most desirable neighbourhoods - Exhibition Park. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Type: N/A, N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 700 - 1100 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water softener, Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+2
  • Bathrooms: 2
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Features: Irregular lot size, Carpet Free
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 64.0 Feet
  • Lot Frontage: 96.1 Feet
  • Lot Size: 96.1 x 64 FT
  • Structure Type: Porch
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

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Location of 20 HIGHVIEW PLACE, Guelph (Exhibition Park), Ontario, N1H 1M7

Demographic Information of 20 HIGHVIEW PLACE, Guelph (Exhibition Park), Ontario, N1H 1M7

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$128,871.09

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.57 %

High school certificate or equivalent

26.87 %

Apprenticeship trade certificate/diploma

4.24 %

College/non-university certificate

21.64 %

University certificate (below bachelor)

1.49 %

University Degree

28.19 %

Commuter

Travel To Work

By Car

83.06 %

By Public Transit

4.75 %

By Walking

7.47 %

By Bicycle

0.14 %

By Other Methods

4.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

34.0 %

Houses

66.0 %

Own Vs. Rent