20 Highview Place Guelph, Ontario N1H 1M7

$1,200,000

Create Two Homes from One Premier Exhibition Park LotLocated in one of the city's most prestigious, tree-lined neighbourhoods, this exceptional flag-shaped lot offers a rare chance to create two distinct properties from one premier site. With 98' frontage and 129' depth at its widest points, the generously proportioned side yard provides an ideal canvas for a lot severance, allowing for a second home while retaining the existing, thoughtfully renovated legal duplex (3 bedrooms up, 2 down). Positioned directly across from a brand-new park, the property combines lifestyle, recreation, and top-tier education - just 500 m from Exhibition Park's expansive green spaces, trails, and community events, and within close proximity to schools offering International Baccalaureate (IB) programs. The duplex provides immediate revenue, giving you the flexibility to plan your new build on the severed lot or reimagine the entire property. With the trees cleared and the lot ready for construction, this property presents a pristine opportunity to build a custom luxury residence on the severed lot while maintaining an income-generating property. Potential eligibility for the CMHC Affordable Construction Loan Program (ACLP) further enhances the appeal for investors or families seeking a prestigious Exhibition Park address. Don't miss this once-in-a-generation chance to live, build, and invest in one of the city's most desirable neighbourhoods with a rare side-yard severance opportunity. (id:15069)

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https://www.realtor.ca/real-estate/29000891/20-highview-place-guelph-exhibition-park-exhibition-park