689 College Avenue, Guelph, ON
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $749,000 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 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 81 x 62.79 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare Opportunity to Purchase Both Sides of a Semi-Detached Property in Prime South Guelph! Offered for sale alongside the attached neighbouring home by the same owner, this unique offering presents exceptional potential for investors, developers, multi-generational families, or buyers looking to maximize rental income and future value.Located in the highly desirable Dovercliffe Park/Old University neighbourhood, just minutes from the University of Guelph, Stone Road Mall, top-rated schools, parks, transit, and convenient Highway 401 access, this spacious semi-detached home offers outstanding versatility and long-term potential. Featuring 3+2 bedrooms, 3 bathrooms, and a functional two-storey layout, the home boasts a bright and inviting main floor complete with a generous living room, separate dining area, convenient powder room, and large windows that fill the space with natural light. The finished lower level provides additional living space, a fourth bedroom, and a flexible room ideal for a home office, study area, or extra storage.Outside, enjoy a large fenced yard with plenty of space for entertaining, gardening, or family activities. Whether you're an investor seeking strong rental demand from the nearby university, a family looking for a well-connected neighbourhood, or a purchaser interested in acquiring both properties for future opportunities, this is a rare chance to secure a valuable asset in one of Guelph's most sought-after communities.Both properties may be purchased together, creating a unique large-lot assembly opportunity rarely available in this established neighbourhood. Buyer to complete their own due diligence regarding future development or redevelopment potential.
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Property Summary
This detached home located at 689 College Avenue, Guelph is currently for sale and has been available on SousaSells for 48 days. This property is listed at $749,000 with an estimated mortgage of $2,493* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 689 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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Accessory Apartment
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 689 College Avenue W, Guelph, ON N1G 2Y2
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 $749,000 in Guelph, the legal minimum down payment is $49,900 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 $11,455 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 $11,455.
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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.