Salehian.com 647-325-5000

10 Ontario Street

St. Patrick's Ward, Guelph, N1E 3B1

$799,000

Reduced $51,000 from $850,000

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  • 4+3 bedrooms
  • 3 bathrooms
  • 3 parking
  • 1500-2000 sq ft

Listed 50 days ago · MLS® X13727156

About this home

Welcome to 10 Ontario Street! This property holds immense current and future value! Let's start with its current value. This is a legal 2-unit, 7-bedroom duplex offering $6195 per month in rental income, or $74,340 annually. The main floor and basement are one unit with 5 bedrooms, and the second level is a separate, self-contained 2-bedroom unit completely detached from the lower unit and accessed via the rear deck and staircase. The lower and upper units rent for $3995 and $2200 per month, respectively. With owner's expenses last year at approximately $16,379 (gas $1802, hydro/water $4134, internet $959, insurance $2873, taxes $6611), leaving $57,961 after owner expenses, there is ample room left to cover mortgage expense and management costs. But that's not all! This property also has a city-approved, conditional severance in place and is at the stage where a new buyer could take over, fulfill the conditions of severance, and have two fully separated lots, allowing for a sale of the second lot to recapture some capital, or to retain the lot and build another multiplex. With stabilized revenue in place, this investment can carry itself while a new owner completes the lot severance and sale or plans their new build. Either way, this is an exceptional opportunity for the savvy investor. Get in touch with your realtor and book your private showing today!

Details

Type
Duplex
Style
2-Storey
Age
100+ years
Size
1500-2000 sq ft
Lot
51.4 × 100.1 ft
Basement
Full, Finished with Walk-Out
Garage
Detached
Kitchens
2
Property tax
$6,231 (2026)
Neighbourhood
St. Patrick's Ward
Municipality
Guelph

Interior

Bedrooms
4 above ground + 3 below
Bathrooms
1 × 4-piece (second), 1 × 4-piece (main), 1 × 3-piece (basement)
Rooms
8 above ground + 3 below
Family room or den
No
Fireplace
No
Features
Accessory Apartment

Heating, cooling and services

Heating
Radiant, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Shingles, Flat, Membrane
Foundation
Stone, Concrete Block
Age
100+
Faces
North

Parking

Garage spaces
1
Total parking
3
Driveway and parking
Private Double

Lot

Size
51.4 × 100.1 ft

More

Possession
Immediate with assumption
Cross street
Neeve/Ontario

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 7 grocery stores, 62 cafés and restaurants, 18 parks, 5 pharmacies. Nearest grocery: Kazem Meat & Chicken Fruit & Vegetable House (550 m). Nearest park: Riverwalk Park (200 m).

Schools nearby

Elementary

  • Sacred Heart Catholic School Catholic
    EQAO: Gr 6 reading 92%, math 68%    7 min walk
  • Central Public School
    EQAO: Gr 6 reading 96%, math 77%    16 min walk
  • John McCrae Public School
    EQAO: Gr 6 reading 97%, math 84%    1.3 km
  • King George Public School
    EQAO: Gr 6 reading 100%, math 89%    1.3 km

Secondary

  • Guelph Collegiate and Vocational Institute
    EQAO: Gr 9 math 71%, literacy test 91%    1.6 km
  • John F. Ross Collegiate and Vocational Institute
    EQAO: Gr 9 math 76%, literacy test 90%    1.9 km
  • St. James Catholic High School Catholic
    EQAO: Gr 9 math 44%, literacy test 85%    1.9 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N1E

Owners / renters
74% / 26%
Median household income
$96,000
Average age
40
Children under 15
18%
Homes
56% detached, 5% high-rise
Commute by transit
3%
Population
44,799

Languages spoken most at home besides English: Punjabi (Panjabi) 0.7%, Italian 0.7%, Tagalog (Pilipino, Filipino) 0.5%, Polish 0.5%.

Safety

Crime Severity Index for Guelph police: 58 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 23 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Bosley Real Estate Ltd..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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