RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 self-contained rental units on 1-acre lot making it a prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning income. W/ ability to generate gross rents over $15,000/mth, vacant poss avail for setting market rents, W/ strong potential to add 4-5 units at rear of property. 3D survey & prelim architectural plans have been completed & reviewed at City Hall W/ positive feedback. Current application submitted for 5 units (in line W/ CMHC priorities) though could be adapted to 4 if desired. This groundwork provides buyers W/ confidence in immediate returns & future upside. Each unit blends historic character W/ modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. GR W/ crown moulding & bay window. Kitchen W/ lots of cabinetry & centre island. Formal DR & sep FR for entertaining. Primary bdrm W/ skylights & wall of closets. Garden doors open to deck. Renovated 3pc ensuite W/ glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to fin bsmt W/ its own entrance, office W/ exposed stone walls, wine cellar, full kitchen & flex living space-ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/ fireplace & crown moulding. DR with B/I display nook & kitchen W/ sleek cabinetry, S/S appliances, access to washer/dryer & side ent. Both bathrooms have W/ I glass showers. Units 3 & 4: 2-bdrm 1-bath has charm W/ modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen W/ in-suite laundry. Unit 4: open-concept layout & fireplace in primary bdrm. Both have 3pc bath with W/ I glass showers. Unit 5: 1-bdrm 1-bath W/ open-concept living & dining, kitchen with S/S appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from downtown & walkable to shops, dining, transit & parks
Single-familyProperty Type
11 spacesParking
Source:TREB #X12328667
Market trends in Saint Georges, ON
Last updated October 2026
Sale-to-list price
--
Median sale price
--
Avg. days on market
--
Recently sold homes
--
Provided by Redfin
Sale history for 83 King St
Date
Event
Price
TREB #X12328667
Dec 30, 2025
Delisted
—
Aug 6, 2025
Listed
$3,299,900
+45
RARE INVESTMENT OPPORTUNITY in heart of Guelph! Fully restored heritage estate offers 5 self-contained rental units on 1-acre lot making it a prime opportunity for investors seeking strong cash flow, potential to expand & option to live in luxury while earning income. W/ ability to generate gross rents over $15,000/mth, vacant poss avail for setting market rents, W/ strong potential to add 4-5 units at rear of property. 3D survey & prelim architectural plans have been completed & reviewed at City Hall W/ positive feedback. Current application submitted for 5 units (in line W/ CMHC priorities) though could be adapted to 4 if desired. This groundwork provides buyers W/ confidence in immediate returns & future upside. Each unit blends historic character W/ modern functionality. Unit 1: 3-bdrm, 2-bath perfect for owner seeking upscale living while living for free. GR W/ crown moulding & bay window. Kitchen W/ lots of cabinetry & centre island. Formal DR & sep FR for entertaining. Primary bdrm W/ skylights & wall of closets. Garden doors open to deck. Renovated 3pc ensuite W/ glass shower & floating vanity. 2 add'l bdrms & 4pc bath. Unit connects to fin bsmt W/ its own entrance, office W/ exposed stone walls, wine cellar, full kitchen & flex living space-ideal for 6th unit or expanded personal use. Unit 2: 2-bdrm & 2-bath, LR W/ fireplace & crown moulding. DR with B/I display nook & kitchen W/ sleek cabinetry, S/S appliances, access to washer/dryer & side ent. Both bathrooms have W/ I glass showers. Units 3 & 4: 2-bdrm 1-bath has charm W/ modern updates. Unit 3: floor-to-ceiling windows, brick accent wall & 2-toned kitchen W/ in-suite laundry. Unit 4: open-concept layout & fireplace in primary bdrm. Both have 3pc bath with W/ I glass showers. Unit 5: 1-bdrm 1-bath W/ open-concept living & dining, kitchen with S/S appliances, bdrm & modern 3pc bath. Interlocking brick patios & stone paths lead to outdoor seating area & kitchen. Steps from downtown & walkable to shops, dining, transit & parks
As the MLS and public records start to fill up, we'll list the details here.
Property details
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
Region: Wellington County
Home facts updated by public records on Nov 10, 2025
Around this home
Schools
0.5km
Ecole King George Public School
Public, JK-8 • Assigned
1.1km
John F Ross Collegiate And Vocational Institute
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
Sell confidently with a local market expert in Guelph. 3 minutes to get started.
Nearby similar homes
Sorry, we don't have any nearby similar homes to display. See all homes for sale in Saint Georges