Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $889,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Beautiful raised bungalow offering exceptional flexibility for families, investors, and first-time buyers. Ideally located just minutes from the University of Guelph, this home presents an outstanding opportunity for families with university-aged children, savvy investors seeking strong rental potential, or young couples looking to offset their mortgage with additional income.The bright and spacious main level features three generous bedrooms with the primary bedroom offering a large walk-in closet and a 4 piece bathroom. Gleaming hardwood floors throughout, and a large family-sized eat-in kitchen designed for everyday living and entertaining. You'll love the abundance of cabinetry and expansive counter space, along with the oversized breakfast area that walks out to the backyard. The fully finished lower level offers incredible versatility with a separate entrance, a self-contained basement apartment featuring an additional bedroom, 2nd kitchen, and a warm, inviting room/ dining room complete with a cozy gas fireplace. Whether used for extended family, student accommodations, or as an income-generating rental suite, this space adds tremendous value and flexibility.Parking is never a concern with an oversized driveway accommodating three vehicles, plus an attached two-car garage, providing a total of five parking spaces. Offering hardwood flooring throughout, a functional layout, excellent income potential, and a highly desirable location close to the University of Guelph, schools, parks, shopping, and major amenities, this home is a rare opportunity that combines comfortable family living with outstanding investment potential. Legal 1 bedroom basement apartment.
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Fenced Yard, Hospital, Library, Place Of Worship, Public Transit, School
Carpet Free, In-Law Suite
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 14 Elson Drive, Guelph, ON N1G 4R6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph.
About Purchasing a Home in Guelph, ON
For a property listed at $889,000 in Guelph, the legal minimum down payment is $63,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,255 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,255.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.