A RARE INVESTMENT OPPOURTUNITY in the heart of Guelph, 83 Kings St is a fully restored heritage estate offers FIVE beautifully finished, self-contained rental units on an expansive one-acre lot in prestigious St. George’s Park—making it a prime opportunity for investors seeking strong cash flow, potential to expand, and the option to live in luxury while earning passive income. With the ability to generate gross rents of over $15,000 per month, vacant possession available for setting market rents, with strong potential to add 4–5 units at the rear of the property. A 3D survey and preliminary architectural plans have already been completed and reviewed at City Hall, with positive feedback. The current application was submitted for 5 units (in line with CMHC priorities), though it could be adapted to 4 if desired. This groundwork provides buyers with confidence in both immediate returns and future upside.

Each unit has been thoughtfully designed to blend historic character with modern functionality. Unit 1 is a spacious, light-filled three-bedroom, two-bathroom suite—perfect for the owner seeking upscale living while living for free. A sun-drenched great room features soaring ceilings, elegant crown moulding and a massive bay window. The kitchen is spacious, with abundant cabinetry & a large centre island. A formal dining room and separate family room provide ample space for entertaining or relaxation. The primary bedroom suite is a luxurious retreat—vaulted ceilings, multiple skylights and a wall of closets. Garden doors open to a private deck overlooking mature trees—a sanctuary to unwind. The renovated 3‑piece ensuite boasts an oversized glass shower and sleek floating vanity. Two additional bedrooms share a well-appointed 4‑piece bathroom. This unit connects directly to the finished basement, offering its own entrance, a private office with exposed stone walls, a wine cellar, a full kitchen and flexible living space—making it an ideal candidate for a sixth rental unit or expanded personal use.

Unit 2 offers two bedrooms and two modern full baths. A spacious living room showcases hardwood floors, a charming electric fireplace & crown moulding. The formal dining room features a built-in display nook, and the stylish kitchen includes sleek cabinetry, stainless steel appliances and easy access to washer/dryer and side entrance. Both bathrooms feature walk-in glass showers and contemporary finishes.

Units 3 and 4 are stylish two-bedroom, one-bath suites that blend charm with modern updates. Unit 3 features floor-to-ceiling windows, a brick accent wall, and a trendy two-toned kitchen with in-suite laundry. Unit 4 offers an open-concept layout, classic white cabinetry, and a cozy fireplace in the primary bedroom. Both include sleek 3-piece bathrooms with walk-in glass showers.

Unit 5 is an efficient one-bedroom, one-bath home with an open-concept living and dining area, full kitchen equipped with stainless steel appliances, a spacious bedroom, and a modern 3‑piece bathroom.

The units each have separate hydro meters, making it a turn-key investment. Outside, the mature garden and exterior surroundings feel like an oasis in the city. Extensive interlocking brick patios, lush planting beds, and winding stone paths lead through private outdoor seating areas and an outdoor kitchen, perfect for shared tenant enjoyment or owner use. Tall trees and dense greenery provide privacy and natural beauty. With its massive footprint, the lot is also ideal for hosting events or further development.

Set on a tree-lined street just steps from Guelph’s vibrant downtown, this income-generating property is walkable to shops, dining, transit and park.

Combining historic heritage charm, diverse income potential across five units, a flexible lower-level area, and serene outdoor landscaping—all in an unbeatable downtown location—83 King Street is both an appealing home and a smart investment opportunity with depth, character, and lasting value.