486 College Ave W
Dovercliffe Park/Old University, Guelph
$1,499,000
Buy with Dwelly and Save $14,990
Home Details
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Listing Description
This amazing property, located on College Avenue W., in the heart of Guelph, measures 100ft x 150ft. It's situated in a prime location and offers a great opportunity for both investors and homeowners. The 1640.17 square foot BUNGALOW with a legal accessory apartment is situated on a beautiful piece of land, with convenient access to Hwy 6. Currently this is a tentative property. We kindly request that their privacy and study time be respected by all visitors. The property has space for 6+ cars and is a profitable investment with significant rental income that can assist in covering the mortgage costs while increasing the potential purchaser's equity. Moreover, there is potential to build additional living spaces due to the ample available space. The zoning allows for the property to be divided into two (2) x 50' lots AS IDENTIFIED IN PLANS AND CITY COMMENTS ARE AVAILABLE UPON REQUEST. The property is fully serviced with all municipal services. The lot severance based on city staff comments meets all the zoning and intensification requirements. Now's the time for developers, builders, investors, and homeowners with a dream to seize this golden opportunity for this development in a sought-after area with schools, parks, and conveniences nearby. FOR POTENTIAL HOMEOWNERS The upper floor boasts a large renovated kitchen, a laundry room, 3 updated bedrooms, 2 bathrooms, and stunning views from almost every window. The renovated basement offers even more living space with upgraded windows, high ceilings, a spacious recreational area, and a renovated 3-piece bath. Located near the University of Guelph, top-rated schools, shopping centers, and major highways, this property offers a prime setting for future homeowners who value both comfort and convenience. It includes a legal self-contained unit and a basement suite, creating strong rental income to help pay mortgage. The property is being sold "As Is Where Is" and the agents and vendor make no representations or warranties.
Carbon Monoxide Detector, Dishwasher, Dryer, Freezer, Gas Oven/Range, Refrigerator, Washer
City: Guelph
Neighborhood: Dovercliffe Park/Old University
Property History
Rooms
Room dimensions for 486 College Ave W, Guelph
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 486 College Ave W is 7976
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1499000 |
| Down Payment | $299800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1199200 |
Monthly Payment
| Mortgage Payment | $7390 |
| Property Taxes | $586 |
| Maintenance Fees | $0 |
| Monthly Payment | $7976 |
About 486 College Ave W, Guelph
Located at 486 College Ave W , this Guelph house is available for sale. This property was listed for $1,499,000 on Wed Apr 02 2025. This house's size is 100 x 150 Feet. It has 6 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 8 parking spots. 486 College Ave W, Guelph is situated in the Dovercliffe Park/Old University neighbourhood.
MLS#: X12055101 · $1,499,000 · 6 bedroom house in Dovercliffe Park/Old University, Guelph