59 College Avenue, Guelph, ON
Property no longer active
This property was sold on January 27, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $799,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1500-2000 sqft on a premium 54 x 138 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
**Prime Investment Opportunity: Steps from the University of Guelph!** Are you an investor, builder or homeowner with a vision? This is your chance to own a prime piece of real estate just two minutes' walk from the University of Guelph. Located in a highly sought-after neighborhood, this property is ideal for student rentals, multi-generational living, or maximizing rental income. Whether you plan to live here for personal use or as an income-generating investment, the location alone guarantees demand, ensuring high rental yields in an area with a constant flow of students and professionals. The large lot also allows for innovative architectural designs, so you can maximize space, efficiency, and style while adding significant value to the property. This property offers exceptional potential for redevelopment, with zoning options and ample room for expansion, this is more than just a home-its an opportunity to create something that works for the growing need for housing near the university. Contact us today to learn more about this incredible investment in the heart of Guelph!
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Property Summary
This detached home located at 59 College Avenue, Guelph is currently for sale and has been available on SousaSells for 542 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 3 beds, 1 bathroom, and is 1500-2000 square feet. 59 College 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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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 59 College Avenue W, Guelph, ON N1G 1S1
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 $799,000 in Guelph, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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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.