20 Highview Place, Guelph, ON N1H 1M7

$1,099,900
5
BD
2
BA
700
SqFt

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List Price
$1,099,900
MLS#
X13111172
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
5
Bathrooms
2
Living Area
700-1100
Province
ON
Municipality
Guelph
Area
Wellington
Neighborhood
Exhibition Park
Subdivision
Westmount X Speedvale

Property Description

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.

Additional Information

Taxes
$4,892
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
2
Exterior
Brick
Garage Spaces
1
Garage Type
Carport
Pool
None
Parking Spaces
4

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Calculator source: Real Geeks

Listing courtesy of Royal LePage Royal City Realty.