Income duplex near University of Guelph

Property details for 39 Keats Crescent, Guelph

Type: Residential
Style: Bungalow
Bedrooms: 6
Bathrooms: 3
Lot Size: 50 x 110 FT
Stories: 1
Basement: Finished, Full, Separate entrance, Walk out, N/A, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: None
Exterior: Brick, Aluminum siding
Ownership: Freehold
Annual Taxes: $6,964 (2025)

Tucked into a quiet south-end street just 1.3 km from the University of Guelph, this 6-bed, 3-bath duplex is a rare find for investors. The main floor's a 4-bed bungalow with hardwood, a renovated kitchen (2019, stainless appliances), and a new bath and laundry. Step out the patio door to a deck that's been beefed up with 6x6 posts and doubled stringers. Downstairs, a fully finished walk-out basement has its own legal 2-bed apartment with a den, full kitchen, and separate laundry. Separate entrances and fenced yard make it easy to manage. Current tenants are A+ students signed until April 2027, pulling in $6,950/month, utilities included. That's a solid cash flow on a $969,900 price. Recent upgrades: new subfloor and flooring in the basement, a renovated bath, a new electrical sub-panel, hardwired smoke alarms, and pot lights. Roof and windows are from 2013/2011, furnace from 2011. The 50x110 ft lot leaves room to expand if you ever want to. Stone Road Mall and the farmers' market are a short drive, and you're a quick 5-minute bike to campus. With only 2 other active listings nearby and a median sold price of $1.045M, this one's priced to move.

About 39 Keats Crescent, Guelph — Property Score

Prime Location Hot Market

Score: 72/100

Value

Priced 16.7% below area median of $1,165,000 based on 65 comparable properties nearby 95

Stable pricing - no price changes since original listing date 50

Size

6 bedrooms - 2 more than similarly priced 4-bedroom homes nearby 84

3 bathrooms - typical for similarly priced properties 60

5,500 sqft lot - a standard lot for the area 65

Location

$104K median household income - above the Canadian average of $70K 82

92% of residents hold postsecondary credentials - a highly educated neighbourhood 99

81% homeownership rate - indicating a stable, owner-occupied community 87

72% of residents commute under 30 minutes - excellent commuter accessibility 88

2,985/km² population density - a well-balanced suburban area 100

Market

Just listed - area average is 30 days on market 100

+14.4% median price change over 1 month - rising prices in the area 100

27 months of housing supply - 324 active listings with 12 sold last month (buyer's market) 40

Features

3-car garage - area average is 4.1 spots 80

Finished, Full, Separate entrance, Walk out, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.72% effective tax rate ($6,963/yr) - below the Canadian average of ~1% 78

19% renter population - primarily owner-occupied area 53

Quality

Condition

Listing

40 photos provided - 3% more than the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.