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Investment signal

$839,000

53 NICKLIN Crescent

Save this home

Beds

6

Baths

2

Sqft

Year

1964

Type

Multi-family

Suite

Investment signal

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

This RENOVATED LEGAL DUPLEX has two separate units with three bedrooms upstairs and three bedrooms downstairs, and is being sold completely vacant. You can live in one unit and rent the other, or rent both. The home has been fully renovated with a new 6-car asphalt driveway, porcelain tile in the entry, kitchen, and hallway, and new laminate flooring in the living room, dining room, and all three main floor bedrooms. The main unit features a new kitchen with quartz counters and stainless steel appliances, plus an updated bathroom with a new vanity, tub, and tiled surround. There is also newer trim, crown moulding, and added pot lights throughout the house. The lower unit has a private rear entrance, three large bedrooms, an updated kitchen, laminate flooring in the family room and all bedrooms, and a second fully renovated new bathroom. Both units share a self-contained laundry area with separate access for each unit. Move-in ready with nothing left to do. Located on a corner lot close to parks, jobs, and Conestoga College Guelph. A rare find! (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
9 - Riverside Park
Common interest
Freehold
Living area
2,311 square feet
Parking
6 total
Stories
1
On market
Apr 20, 2026
Status changed
Apr 22, 2026
Annual tax
$5,269
Zoning
RL1
Photos
47
MLS#
40822610
Area
GUELPH

Features and systems

Basement

FinishedFull

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Poured Concrete
Negative cash flow ~$924/mo at these assumptions

Cash on cash

-6.61%

Cap rate

3.54%

GRM

16.6

Break-even rent

$5,173

Financing

Down payment$167,800
Loan amount$671,200
Mortgage$3,401/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$385
Insurance$80
Maintenance$699
CapEx reserve$350
Vacancy loss$210

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

Estimated $3,401/mo at 4.5% with 20% down, 30-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 22, 2026.

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