6 Terrace Lane, Guelph, ON

$1,075,000
MLS#:X12288850
7 beds
5 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Sidesplit"] detached located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium brick veneer construction, this residence presents an exceptional opportunity offered at $1,075,000 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.

  • 7 Bedrooms and 5 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 80 x 110 ft lot
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 6 Terrace Lane - an exceptional 7-bedroom home perfectly situated just steps to University of Guelph, downtown Guelph, the Speed River, Royal City Park, and the scenic Royal Recreation Trail, this property is not to be missed! Whether you're looking for a spacious family home or an incredible, cash flow positive investment opportunity, this versatile property delivers. The bright, functional layout includes 7 generously sized bedrooms, 2 living areas, 2 updated kitchens, and a separate entrance to the lower levels. The spacious main floor kitchen walks out to the back deck and is open to the living room - both convenient and ideal for entertaining. Outside, enjoy a private backyard retreat with gas line for a barbecue, mature trees, a large garden shed, and proximity to parks, trails, and riverfront strolls. Transit, shops, cafes, and all of downtowns vibrant amenities are just a short walk or bike ride away. Dont miss this rare opportunity to own a large, well-located home in the heart of Guelph - ideal for families, students, or savvy investors. Windows replaced 4 years ago; furnace new in 2022.

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Key Features

Bedrooms
7
Bathrooms
5
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 14, 2025
Sold price information is available to members only
Listed Date7/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick Veneer
Lot Size80 × 110 Feet
CountyWellington
Annual Tax$6,904.64
Legal DescriptionPT LOT 4, PLAN 420 , AS IN ROS184599 ; GUELPH

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Public Transit, School, Park, River/Stream, Cul de Sac/Dead End

Community Features

Location

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6 Terrace Lane, Guelph, ON
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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 6 Terrace Lane, Guelph, ON N1G 2Y3

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$860,000
Monthly Mortgage$4,997
Property Tax (Est.)$575
Utilities & Maint.$350
Total Monthly Cost$5,922

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Guelph.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Dovercliffe Parkold University, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
28%
Families with children
42%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English28%
Canadian22%
Scottish20%
Irish19%

Local Schools Guide

Elementary Schools

Central
Public97 Dublin Street North, Guelph, Ontario, N1H 4N2
7.6
John McCrae
Public189 Water Street, Guelph, Ontario, N1G 1B3
8.8
Sacred Heart
Public125 Huron Street, Guelph, Ontario, N1E 5L5
6.3
King George
Public72 Lemon Street, Guelph, Ontario, N1E 2H5
7.7
John Galt
Public50 Laurine Avenue, Guelph, Ontario, N1E 4M9
6.3

Secondary Schools

Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2
Our Lady of Lourdes
Public54 Westmount Road, Guelph, Ontario, N1H 5H7
4.6
Centennial
Public289 College Avenue West, Guelph, Ontario, N1G 1S9
8.0
John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7
College Heights
Public371 College Avenue West, Guelph, Ontario, N1G 1T3
0.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied68%
Rented32%

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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.