138 Cole Road, Guelph, ON

$679,000
MLS#:X12426190
3 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Kortright West. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $679,000 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 700-1100 sqft on a premium 31.61 x 94.06 ft lot
  • Features a ["unfinished", "development potential"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Meter, Storage
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

This well-maintained and very budget-friendly FULLY DETATCHED 3-bedroom home is ideally situated in the heart of South Guelph. Just steps from Stone Road Mall and within walking distance to the Metro grocery store, convenience is at your doorstep. Whether you're a first-time buyer looking to enter the market or an investor seeking a strong rental opportunity, this property checks all the boxes. Located on a direct bus route to the University of Guelph and surrounded by popular student amenities, it's perfectly positioned for consistent rental demand. The unfinished basement offers excellent potential to add two more bedrooms and a bathroom to transform this into a 5-bedroom income property, capable of generating +/- $5,000/month in rental income. Updates include a freshly repaired and painted back deck, and new roof completed in August 2021. Don't miss one of the best value opportunities in South Guelph!

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 10, 2025
Sold price information is available to members only
Listed Date9/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size31.61 × 94.06 Feet
CountyWellington
Annual Tax$3,748
Legal DescriptionLot 26, Plan 750 ; Guelph

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Community Features

Location

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138 Cole Road, Guelph, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Kortright West, Guelph.

Verified Local Data
Population165,588
Median Age39.6 Yrs
Ownership69% Owners
Avg Area List Price$768,908

People & Families

Age Distribution

Household Composition

One-person households
26%
Families with children
43%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English24%
Scottish21%
Irish20%
Canadian14%

Local Schools Guide

Elementary Schools

St Michael
Public9 McElderry Road, Guelph, Ontario, N1G 4W7
6.5
Rickson Ridge
Public177 Rickson Avenue, Guelph, Ontario, N1G 4Y6
7.9
Jean Little
Public56 Youngman Drive, Guelph, Ontario, N1G 4L2
7.9
Fred A Hamilton
Public160 Ironwood Road, Guelph, Ontario, N1G 3R4
6.3
Priory Park
Public275 Scottsdale Drive, Guelph, Ontario, N1G 3A1
4.6

Secondary Schools

Centennial
Public289 College Avenue West, Guelph, Ontario, N1G 1S9
8.0
College Heights
Public371 College Avenue West, Guelph, Ontario, N1G 1T3
0.0
Bishop Macdonell
Public200 Clair Road West, Guelph, Ontario, N1L 1G1
8.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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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 138 Cole Road, Guelph, ON N1G 3Z5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$543,200
Monthly Mortgage$3,156
Property Tax (Est.)$312
Utilities & Maint.$350
Total Monthly Cost$3,818

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Guelph.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.