278 College Avenue, Guelph, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning < 700 sqft on a premium 91 x 140 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- Efficient other heating via other
Description
Exceptional Power of Sale development opportunity. Zoning approval for 4 storey, six (6) residential back-to-back townhomes. A rare chance for builders, developers, and investors. This property presents an excellent opportunity for future residential development. Buyers will appreciate the potential this site offers in an established area with convenient access to a variety of local amenities and services. Power of Sale - property being sold "as is, where is." Buyers are advised to conduct their own due diligence regarding permits, development charges, servicing, and all other requirements.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 278 College Avenue W, Guelph, ON N1G 4T6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Guelph, ON
For a property listed at $899,900 in Guelph, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.
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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.