$799,000 - 41 Alma Street, Guelph
Multi-Family for Sale in Guelph
New — Listed 5 days ago- MLS Number
- X13215068
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 5
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Guelph
- Lot Size
- 5,100 sqft
- Listing Brokerage
- EXP REALTY
Exceptional Investment Opportunity at 41 Alma Street North, Guelph! Step into a smart, revenue-generating property nestled in one of Guelph's most established neighbourhoods. This fully legal duplex offers both comfort and strong income potential, making it ideal for investors, multigenerational families, or owner-occupiers seeking supplementary income. The main level features over 1,000 square feet of bright, welcoming living space. It includes two generous bedrooms, an open-concept living and dining area, and a well-appointed kitchen with stainless steel appliances. The entire level is carpet-free, creating a clean, low-maintenance environment perfect for everyday living. The lower level has a separate entrance and offers an excellent secondary living space. It includes two additional bedrooms, a full kitchen, a full bathroom, a spacious living room, and ample storage. Whether used as a rental suite, in-law setup, or shared family space, the layout provides both privacy and functionality. Outside, the mature backyard offers plenty of space to relax or entertain. A large deck provides a private retreat surrounded by greenery, ideal for summer gatherings, gardening, or simply enjoying quiet evenings outdoors. Located in a sought-after area, this property is within walking distance to The Junction, offering access to trendy shops, restaurants, and cafés. It's also close to parks, schools, and public transit, with quick connections to downtown Guelph's amenities, culture, and entertainment. The area's strong rental demand adds to the appeal for investors and those seeking long-term value. Whether you're building wealth, accommodating family, or looking for a flexible living arrangement, 41 Alma Street North delivers the perfect blend of comfort, location, and opportunity.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Guelph
Guelph is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Guelph
- •Convenient location in Guelph
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Guelph offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
41 Alma Street, Guelph
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1141/sqft, this property is priced above the Guelph average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Guelph's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Guelph. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Guelph properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.