56 Wilsonview Avenue, Unit 62, Guelph, ON
Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium vinyl siding and wood construction, this residence presents an exceptional opportunity offered at $499,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Floor Drain
- Efficient baseboard heating via electric
Description
Solid opportunity in a proven Guelph student rental location. This 4-bedroom, 1.5-bath home is currently tenanted by students and offers immediate rental income with strong upside for investors or parents looking to secure housing for a student while building equity.The home features four generously sized bedrooms and a functional layout well suited to shared living. The basement includes a large window that brings in natural light and contributes to a safer, more comfortable space for occupants. With the right updates, this property can be repositioned into a high-performing student rental.The condition reflects typical student wear and tear and will benefit from major cleaning, patching, and painting to restore it to prime rental condition. For those looking to maximize returns, the addition of a third bathroom in the basement would be a smart value-add and could significantly enhance rental income and long-term appeal.Estimated rental potential ranges from approximately $3,200 to $4,000 per month depending on layout, upgrades, and management approach. Priced at $499,000, this property represents strong value in a neighbourhood where comparable homes sold closer to $600,000 just one year ago.An excellent opportunity for investors seeking a value-add rental or parents planning ahead for student housing in a high-demand market. With the right vision, this property offers both immediate use and long-term upside.
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Property Summary
This townhouse located at 56 Wilsonview Avenue, Guelph is currently for sale and has been available on SousaSells for 182 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 4 beds, 2 bathrooms, and is 1000-1199 square feet. 56 Wilsonview Avenue, 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
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 56 Wilsonview Avenue, Guelph, ON N1G 2Z9
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 $499,000 in Guelph, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.