About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12055101
Status	Sold
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	1,500 sq ft
Lot Size	15,522 sq ft
Beds / Baths	6 bed · 3 bath
Neighbourhood	Dovercliffe Park/Old University
City	Guelph
Postal Code	N1G 1T5
Province	ON
Listed Date	April 1, 2025
Brokerage	AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP