$850,000
29 CRIMEA Street
Beds
2
Baths
3
Sqft
—
Year
1910
Type
Multi-family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Guelph. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Beautifully renovated duplex set on rare dbl-deep lot W/detached 720sqft garage/shop offering exceptional flexibility, income potential & future upside! Solid red brick home has been updated & configured into 2 self-contained 1-bdrm units—W/potential to add a 3rd—making it an ideal opportunity for investors or homeowners looking to offset their mtg W/rental income. Completely renovated & generating $4,310/mth in rental income this property presents a strong turnkey opportunity for investors. Front porch leads into front unit where you’ll find an updated kitchen W/white cabinetry, backsplash & S/S appliances. This level is completed by a spacious bdrm. Upstairs a loft-style living space offers incredible versatility, perfect for living room, office or creative studio—along W/4pc bath W/oversized vanity, shower/tub & in-suite laundry. Rear unit is a well-designed 1-bdrm suite on a single level W/renovated kitchen W/white cabinetry, backsplash & S/S appliances. Living space is warm & inviting W/lots of natural light while the bdrm offers generous proportions & storage. 4pc bath & in-suite laundry add everyday convenience. Adding even more value the property has sep entrance to partially finished bsmt where you’ll find a rec room/living area, bathroom & kitchen R/I presenting a strong opportunity for a potential 3rd 1-bdrm unit. Alternatively this space can be incorporated to expand the rear unit. Home has been renovated & updated throughout the yrs: roof 2023 & windows 2019. Set on rare dbl-deep lot W/rear laneway access, this property opens the door to future possibilities—whether it’s exploring a lot severance or adding an add'l dwelling unit (ADU) subject to city approvals. Detached 720sqft garage W/hydro is ideal for car enthusiasts, hobbyists or those needing serious workspace. Steps from Sunny Acres Park & short walk to Fixed Gear Brewing. Easy reach of downtown W/shops, restaurants, nightlife & GO Station. Property that works today &offers even more for tomorrow (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- 7 - Onward Willow
- Common interest
- Freehold
- Living area
- 1,516 square feet
- Parking
- 6 total
- Stories
- 1.5
- On market
- Apr 15, 2026
- Status changed
- Apr 17, 2026
- Annual tax
- $7,547.62
- Zoning
- R2
- Photos
- 26
- MLS#
- 40820848
- Area
- GUELPH
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Community
Cash on cash
-6.64%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,240
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.