Homes for sale - 486 College AVE W, Guelph, ON N1G 1T5

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Desiree King

desiree@kingsdownsizing.com +1(888) 834-8520

$ 1,499,000

Est. payment | -/mo

6 Beds

3 Baths

Save

$ 1,499,000

Est. payment | -/mo

Save

6 Beds

3 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Dovercliffe Park/Old University

MLS Listing ID X12055101

Style Bungalow

Bedrooms 6

Annual Tax Amount $7,033

Tax Year 2025

Property Sub-Type Detached

Property Description

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.

Location

Province ON

County Wellington

Community Dovercliffe Park/Old University

Area Wellington

Rooms

Family Room No

Basement Finished with Walk-Out, Full

Kitchen 2

Interior

Interior Features Accessory Apartment, Air Exchanger, Water Heater Owned, Water Heater, Water Softener

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Other, Private Double

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 100.0

Lot Depth 150.0

Total Parking Spaces 8

Building

Foundation Concrete

Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 834-8520

desiree@kingsdownsizing.com

486 College AVE W Guelph, ON N1G 1T5