$549,900
FOR SALE

Detached 2-Storey

Bedrooms: 3Bathrooms: 2Lot: 36.6 x 200.23 ft
2026 Taxes: $2,299.22

123 Elizabeth St
Guelph, ON N1E 2X4 | St. Patrick's Ward | Wellington

Located in the St. Patrick's Ward, offering endless possibilities for growing families, first-time home buyers, and investors, this charming 2-storey home is packed with possibilities. Acquiring the adjacent vacant lot along with the property unlocks exceptional opportunities for expansion, customization, and creativity. With two separate entrances and flexible living space, it could be transformed into a spacious family home or a multigenerational setup. Set on an impressive 200-ft deep lot, this diamond in the rough is brimming with potential, this home is ready for cosmetic updates and creative inspiration. With a little vision, updating and care, it presents an excellent opportunity for added value and future return on investment. Versatile floor plan on both levels. The main floor features an eat-in kitchen, cozy living room, primary bedroom, and a full 4-piece bathroom. Spacious second floor offers a large family room, a full 4-piece bath, and two additional bedrooms-one of which can easily serve as an office or nursery. The full basement offers exceptional flexibility with two separate staircases (front and side access) plus a walk-up from the laundry room, adding even more promise for future development. A rare opportunity to transform a solid home on a large lot into something truly special. With flexible zoning that allows for multiple uses-such as a duplex, an additional residential dwelling unit, and more, this property is an excellent investment. Some of the upgrades completed over the years include a high-efficiency gas furnace (2007), roof shingles (2007), an upgraded electrical panel and a water service to copper. Just a few blocks away, you can enjoy biking and scenic walks along the river, or take a short stroll to explore downtown and its many boutiques, cafés, and restaurants. Enjoy effortless commuting with the GO station conveniently within walking distance.
Extras
Carpet Free, In-Law Suite
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Listed By RE/MAX Real Estate Centre Inc
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13135034
Last Updated May 15, 2026
Property Summary
Property Type Detached

More like this:
PIN 713420302
Legal Description PART LOT 26 PLAN 231, PART 3 61R22889 SUBJECT TO AN EASEMENT IN GROSS AS IN WC783945 CITY OF GUELPH
Possession Date TBA
Taxes (2026) $2,299.22
Directions/Cross Streets Huron St
Neighbourhood St. Patrick's Ward
Area Wellington
Price History

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Detailed Information
Fronting On North
Special Designations Unknown
Bedrooms 3
Bathrooms 2
Lot 36.6 x 200.23 ft
Exterior Brick
Air Conditioning None
Family Room Y
Basement Unfinished, Walk-Up, Full
Garage Type None
Parking Spaces 2
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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