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$1,200,000
Available - For Sale
Listing ID: X12465811
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.
Price $1,200,000
Taxes: $4,892
Assessment Year: 2025
Occupancy by: Owner
Address: 20 Highview Place , Guelph, N1H 1M7, Wellington
Directions/Cross Streets: Speedvale and Westmount
Rooms: 2
Rooms +: 2
Bedrooms: 3
Bedrooms +: 2
Washrooms: 2
Family Room: F
Basement: Apartment
Walk-Up
No. of Pieces Level
Washroom 1 4 Main
Washroom 2 3 Lower
Washroom 3 0
Washroom 4 0
Washroom 5 0
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 700-1100
Property Features: Hospital
Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Royal LePage Royal City Realty

20 Highview Place , Guelph, N1H 1M7, Wellington

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Wellington
Municipality: Guelph
Neighbourhood: Exhibition Park
Style: Bungalow
Lot Size: x 64.00(Feet)
Approximate Age:
Tax: $4,892
Maintenance Fee: $0
Beds: 3+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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