241 Guelph AVE Cambridge, ON N3C 1A9

Welcome to a rare and versatile property offering exceptional lifestyle and income potential with front and back semi-detached bungalows under one ownership. Whether you are seeking multi-generational living, a strong real estate addition to your portfolio, or the opportunity to occupy one unit while renting the other to offset your mortgage, this property delivers outstanding flexibility. Situated on a generous 45 x 182 ft lot, this well-maintained property offers two self-contained units, each with separate entrances, separate hydro meters, and parking for up to 6 vehicles between front and rear parking areas. Soundproofing and added insulation between the units enhance privacy and comfort. The front bungalow features a spacious 3-bedroom, 1.5-bathroom layout with open-concept living, hardwood and tile flooring, and heated bathroom floors. The well-appointed kitchen offers island seating, a pantry, and excellent functionality, while a separate laundry room and ample storage add everyday convenience. The finished lower level is enhanced with engineered hardwood flooring, pot lights, and pre-wiring for surround sound. The rear bungalow offers a bright 2-bedroom layout, complete with a 4-piece bathroom featuring in-floor heating. The open-concept main level includes an updated kitchen with soft-close cabinetry and stainless steel appliances, while French doors open to an expansive covered deck and wraparound outdoor space. The lower level bedrooms offer privacy and functionality, complete with an all-in-one washer/dryer. Additional highlights include updated LED lighting throughout, smart key lock sets, tankless water heater, shed, and dual access from both the front driveway and rear city-maintained laneway. Ideally located just steps to downtown Hespeler, shopping, parks, the library, scenic walking trails, and with quick Highway 401 access for commuters, this is a rare opportunity to secure a flexible property with strong income potential in a prime location.