No photos available
Investment signal

$850,000

29 CRIMEA STREET

Beds

2

Baths

3

Sqft

Year

Location

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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
Junction/Onward Willow
Lot dimensions
47.2 x 180 FT
Bedrooms
2 above grade
Parking
6 total
Stories
1.5
On market
Apr 15, 2026
Status changed
Apr 17, 2026
Annual tax
$7,547.62 (2025)
Zoning
R2
Photos
26
MLS#
X13003048
Area
GUELPH_(JUNCTION/ONWARD_WILLOW)

Features and systems

Parking

Detached GarageGarage

Basement

Partially finishedFull

Appliances

RefrigeratorWater softenerDishwasherStove

Heating

Forced airNatural gas

Cooling

None

Exterior

BrickVinyl siding

Foundation

Stone

Lot

Irregular lot size

Community

Community Centre
Negative cash flow ~$1,666/mo at these assumptions

Cash on cash

-11.76%

Cap rate

3.54%

GRM

16.7

Break-even rent

$6,004

Financing

Down payment$170,000
Loan amount$680,000
Mortgage$4,172/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$390
Insurance$80
Maintenance$708
CapEx reserve$354
Vacancy loss$213

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Guelph (Junction/Onward Willow). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,172/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

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.

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