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 $1,499,000 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.
This prime property on College Avenue W. in Guelph measures 100ft x 150ft and offers a great opportunity for investors and homeowners. The 1640.17 sf bungalow includes a legal accessory apartment and is conveniently accessible to Hwy 6. Currently leased to students, visitors are requested to respect their privacy and study time. The property accommodates 6+ cars and generates significant rental income, aiding in mortgage costs and increasing equity. With ample space, there's potential for additional living areas. Zoning allows division into two 50' lots, as identified in plans and city comments available upon request. Fully serviced with municipal utilities, the lot severance meets all zoning and intensification requirements. Ideal for developers, builders, investors, and homeowners, this sought-after area is near schools, parks, and conveniences. The upper floor features a renovated kitchen, laundry room, 3 updated bedrooms, 2 bathrooms, and stunning views. The renovated basement offers upgraded windows, high ceilings, a spacious recreational area, and a 3-piece bath. Close to the University of Guelph, top-rated schools, shopping centers, and major highways, this property is perfect for future homeowners valuing comfort and convenience. It includes a legal self-contained unit and basement suite, generating strong rental income to assist with mortgage payments. The property is sold "As Is Where Is," with no representations or warranties from agents or the vendor.
Contact us to schedule a private viewing of this property.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 486 College Avenue W, Guelph, ON N1G 1T5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in Guelph.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Dovercliffe Parkold University, Guelph.
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.