Property Description
SOLD!
Welcome to 62 Lambert Crescent, a charming 6-bedroom bungalow, complete with a legal 3-bedroom, 2-bathroom basement apartment, nestled on a spacious 55 x 115 ft lot in a highly sought-after, family-friendly neighbourhood. Homes with a 3-bedroom apartment are a rare find, making this the perfect property for investors or homeowners looking to offset housing costs.
Step into the bright and airy living room, featuring solid hardwood floors and expansive windows that flood the space with natural light. The eat-in kitchen boasts striking dark cabinetry, stainless steel appliances, a tiled backsplash, ample counter space, and a convenient stackable washer/dryer.
The main level offers three generously sized bedrooms, all with solid hardwood floors, large windows, and ample closet space. The 4-piece main bathroom features an oversized vanity and a shower/tub combo.
The legal three-bedroom basement apartment, with a fully separate entrance, adds exceptional value. It includes a spacious kitchen with stainless steel appliances, a tiled backsplash, and dark cabinetry, as well as a generously sized living room. This unit offers three roomy bedrooms, a 3-piece main bathroom, and a renovated ensuite. Both units have their own laundry facilities and are separately metered, making this a turnkey investment property. It is also perfect for families looking to subsidize a large portion of the mortgage or for multi-generational living!
Additional features include an oversized garage with ample driveway parking. The home has been thoughtfully updated to ensure peace of mind for years to come, including updated wiring in 2017 with 100 amps to both upper and lower units, a new roof in 2011, new eaves in 2018, a new gas furnace in 2022, a water softener in 2021, and new washer/dryers in both units in 2021.
Enjoy quick access to the Hanlon Expressway & the 401, and a prime location surrounded by amenities while being on a quiet street, steps from Dovercliffe Park and Mary Phelan Catholic School. The nearby bus stop offers direct routes to the University of Guelph. Stone Road Mall, Shoppers Drug Mart, LCBO, restaurants, banks, and more are all within walking distance, making it easy to attract University of Guelph tenants.
About The Neighbourhood
The Lifestyle
Hipster
Investment Potential
Kid & Pet-Friendly
Prestigious
As there are many families in the neighbourhood, residents in Old University-Dovercliffe Park enjoy the convenience of being close to schools including John McCrae Public School, Priory Park Public School, EEC Saint-Rene-Goupil, Centennial CVI, College Heights Secondary School, and University of Guelph. The neighbourhood is close to great amenities and Highway 401, so this area is popular among commuters as well.