10 Ontario Street, Guelph
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! (id:1945)
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Property details for 10 Ontario Street, Guelph
- Type
- Multi-family
- Bedrooms
- 7
- Bathrooms
- 3
- Lot Size
- 51.4 x 100.1 FT
- Stories
- 2
- Basement
- Finished, Full, Walk out
- Parking
- Detached Garage, Garage
- Heating
- Radiant heat, Natural gas
- Cooling
- None
- Exterior
- Brick
- Annual Taxes
- $6,231
Nearby Listings Stat
Estimated price and comparable properties near 10 Ontario Street
Active Listings
1
Min Price
$799,000
Max Price
$799,000
Avg Price
$799,000
Days on Market
54
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Guelph, Ontario
Population
590
Median Age
34.9
Median Income
$32,422
Dwelling Value
$299,456
Housing Tenure
Owners 50%
Renters 50%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 4,627.5/km²
Avg Shelter Cost: $1,329/mo
Owners with Mortgage: 74.2%
Owners Spending 30%+: 35.5%
Tenants Spending 30%+: 50%
English only: 83.1%
English and French: 16.9%
Neither: 0.8%
Median Household Income: $60,160
Median Employment Income: $32,480
Price History
Listed
August 31, 2026
by Bosley Real Estate Ltd.
Current Price
$799,000
-6% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $799,000 | $51,000 (-6%) |
| Oct 16, 2026 | $850,000 | Listed |