299 EDINBURGH RD S Road, Guelph, ON
Property Highlights
Welcome to this remarkable Bungalow 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 $1,365,000 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 89 x 235 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, Water Purifier, Water Heater Owned
- equipped with central air central cooling and highly efficient heating via gas
Description
Welcome to an exceptional investment opportunity in the heart of Guelph, Old University, nestled on one of the city's most desirable streets. This property’s prime location is close to downtown, shopping, dining and walking distance to the University, making it a good investment . For parents seeking secure and comfortable accommodation for their child’s post-secondary education, this property is the perfect choice. It not only provides a safe living environment but also is as a robust investment opportunity. Located along a development corridor, the property(89’x235’) aligns with official plan objectives for infill development. With minimal modifications, it has the potential to generate between $8,000 to $9,000 per month in revenue. Investors will find ample opportunities here to expand their portfolio. The large backyard is perfect for additional residential dwelling units (ARDUs), a duplex, triplex, or even a multi-unit building(refer to attachments for more details). The main floor of the house features spacious rooms with abundant natural light. Hardwood floors grace the bedrooms, and the living and dining areas, currently carpeted, conceal hardwood floors underneath. An updated full bathroom adds modern comfort to the classic charm of the home. The lower level offers a Legal 2 bedroom basement apartment(attached letter) and a separate recreation area. This configuration not only provides additional living space but also offers significant income potential. The property includes an owned hot water tank and water softener, central air humidifier, water filtration system and exterior sensor lights. The expansive driveway holds 6 vehicles and easy street access. The beautifully landscaped backyard is complete with a gazebo, swing set, and vegetable garden. It's a perfect space for children & pets to play and for hosting family and friends. Schedule your private showing and discover the remarkable potential this home has to offer. Open house over the weekend!
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Property Summary
This detached home located at 299 EDINBURGH RD S Road, Guelph is currently for sale and has been available on SousaSells for 759 days. This property is listed at $1,365,000 with an estimated mortgage of $4,544* per month. It has 5 beds, 3 bathrooms, and is 1100-1500 square feet. 299 EDINBURGH RD S Road, Guelph is in the Dovercliffe Park/Old University neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Interior Features
Accessory Apartment, Water Purifier, Water Heater Owned, Water Softener
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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 299 EDINBURGH RD S Road, Guelph, ON N1G 2K3
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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 $1,365,000 in Guelph, the legal minimum down payment is $273,000 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 $23,775 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 $23,775.
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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.