148 Suffolk Street W

Introducing a remarkable opportunity to acquire a Multi-Family Home for sale in Guelph , located at 148 Suffolk Street W, Guelph. This impressive semi-detached duplex stands as a testament to both versatility and prime investment potential, nestled just moments away from the vibrant heart of downtown Guelph. With its strategic positioning in the Downtown community, this property is perfectly suited for those seeking an income-generating asset or a comfortable residence with the added benefit of rental income.

The property boasts a two-storey design, constructed from sturdy brick, which not only enhances its aesthetic appeal but also ensures durability. The Multi-Family Home for sale in Guelph features two self-contained units, offering a bright and spacious 2-bedroom unit on the upper level, alongside a well-appointed 1-bedroom unit on the main floor. This arrangement is ideal for multi-generational living, providing the perfect setup for families wishing to live close while maintaining their independence, or for savvy investors looking to capitalise on rental income.

At 148 Suffolk Street W, Guelph, the main floor unit benefits from exclusive access to a full, partially finished basement. This area includes a laundry/utility room and ample storage space, presenting potential for future development or additional living space. The versatility of this Multi-Family Home for sale in Guelph cannot be overstated, as it caters to a variety of living arrangements and investment strategies.

The property comprises a total of 14 rooms, including two kitchens, which further enhances its functionality. While there is no den, family room, or central vacuum system, the layout is designed to maximise space and utility. Both bathrooms are well-maintained, ensuring comfort for residents, and the absence of a fireplace and air conditioning is offset by the property's other advantages. The heating is provided via a forced air system, and the home is connected to municipal water and sewer services.

Recent upgrades to the property add significant value and peace of mind for prospective buyers. Notably, the new shingles installed in 2018, alongside all-new electrical wiring and panel throughout the home completed in 2025, and updated windows from 2020, demonstrate a commitment to maintaining the property to a high standard.

The exterior of this Multi-Family Home for sale in Guelph features a fenced backyard adorned with mature trees, creating a tranquil outdoor space for relaxation or recreation. Additionally, the property includes a private double driveway, allowing for parking of two vehicles—a rare convenience in such a central location. With no garage space available, the driveway serves as an essential asset for both tenants and homeowners.

Set on a generous lot measuring 26 X 100 feet, this home is over 100 years old, embodying a rich history while offering modern amenities. The absence of a pool may be a consideration for some, yet the local amenities more than compensate for this. Residents of 148 Suffolk Street W, Guelph, will find themselves within walking distance of an array of boutique shops, fabulous restaurants, entertainment venues, parks, and the GO Station, making it an enviable location for both lifestyle and investment.

In summary, this Multi-Family Home for sale in Guelph at 148 Suffolk Street W, Guelph, presents an exceptional opportunity for investors and families alike. With its strategic location, versatile living arrangements, and numerous recent upgrades, this property is poised to meet a variety of needs and preferences. Don't miss out on the chance to own this fantastic investment in a thriving community.

Downtown Guelph is a vibrant and charming area that seamlessly blends historic architecture with modern amenities, making it an inviting place for residents. The streets are lined with an eclectic mix of shops, cafes, and restaurants, offering a delightful array of local and international cuisine. The community is characterised by its lively atmosphere, particularly during events held at the scenic Market Square and along the picturesque Speed River. With easy access to public transport, parks, and cultural attractions such as the Guelph Civic Museum and the River Run Centre, Downtown Guelph provides a perfect balance of urban convenience and a welcoming, small-town feel. Whether you're enjoying a leisurely stroll or participating in community events, this area offers a unique and enriching lifestyle for its residents.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Guelph Collegiate Vocational Institute, just 0.2 km away, offering secondary education for grades 9 to 12 with a commendable rating of 8.3. For younger children, Central Public School is a mere 0.5 km from the property, providing elementary education from JK to grade 6, with a solid rating of 7.2. Additionally, Victory Public School is available for grades JK to 8, located 0.9 km away, although it has a lower rating. For those seeking a Catholic education, St. Joseph Catholic School is also 0.9 km away, offering grades JK to 8, while St. John Bosco Catholic High School, located 0.7 km from the property, serves grades 9 to 12. Furthermore, John F. Ross Collegiate Vocational Institute, another secondary school, is located 2.1 km away, rated 7.2 and offering French language instruction. Overall, the proximity and variety of schools in the area provide excellent educational options for families considering this property.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 438 residents as of 2021. The average household size is 2.2, and the typical age of residents is approximately 38.8 years. With an impressive average household income of $151,000, the area showcases a low percentage of low-income households at 7.2%. The average property price stands at $900,000, indicating a relatively high real estate market. The community is characterized by a significant proportion of single individuals, comprising 44.16% of the population, while 32% of households include children. Additionally, 13.4% of residents are immigrants, contributing to the area's diversity. A notable 46.51% of the population are renters, and there are no condominiums reported in the area. Education levels are high, with 71.26% of residents holding a college or university degree. However, 19.54% of the population is not part of the labor force, suggesting a mix of working and non-working individuals. Overall, this demographic snapshot highlights a well-educated, relatively affluent community with a blend of families and singles.