March 25, 2024
- 10 min read
20 Highview Place Guelph, Ontario N1H 1M7
$1,200,000
5 Bedroom
2 Bathroom
700 - 1,100 ft2
Bungalow
Central Air Conditioning
Forced Air
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:36109)
Property Details
| MLS® Number | X12465811 |
| Property Type | Single Family |
| Community Name | Exhibition Park |
| Amenities Near By | Hospital, Park, Public Transit, Schools |
| Equipment Type | Water Heater |
| Features | Irregular Lot Size, Carpet Free, In-law Suite |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Water Softener, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Architectural Style | Bungalow |
| Basement Features | Apartment In Basement, Walk-up |
| Basement Type | N/a |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 64 Ft |
| Size Frontage | 96 Ft ,1 In |
| Size Irregular | 96.1 X 64 Ft |
| Size Total Text | 96.1 X 64 Ft |
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20 Highview Place
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Royal LePage Royal City Realty
October 16 2025 05:25:41
