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687 COLLEGE AVENUE W, Guelph (Dovercliffe Park/Old University) — listed at $769,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Rare Dual-Property Opportunity in Prime Guelph Location! The attached neighbouring property is also being offered for sale by the same owner, currently used as an investment property and rent covers the mortgage and some change! creating a unique chance to acquire both sides of the property-an exceptional opportunity for investors, developers, multi-generational families, or buyers seeking expanded rental income potential and future redevelopment possibilities (buyer to conduct their own due diligence).Ideally situated just minutes from the University of Guelph, shopping, parks, transit, and convenient Highway 401 access, this well-maintained semi-detached home offers exceptional versatility for investors, families, and owner-occupiers alike. Featuring 3+1 bedrooms, 3 bathrooms, and over 1,100 sq. ft. of living space, the home has benefited from numerous updates over the years, including windows, roofing, and flooring. The functional layout provides ample room for growing families, student housing potential, or multigenerational living. Enjoy a spacious side yard backing onto parkland, offering added privacy and direct access to green space.Located in the highly desirable Dovercliffe Park/Old University neighbourhood, this is a rare opportunity to secure a property in one of Guelph's most sought-after areas. Whether you're looking to live, invest, expand your portfolio, or explore future development potential, this property offers outstanding value and long-term upside. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Basement | 3 x 2 meters |
| Bathroom | Main level | 4 x 3 meters |
| Bathroom | Second level | 3 x 2 meters |
| Kitchen | Main level | 3.83 x 2.23 meters |
| Dining room | Main level | 2.89 x 2.28 meters |
| Living room | Main level | 5.41 x 3.17 meters |
| Bedroom | Second level | 3.12 x 2.81 meters |
| Bedroom | Second level | 4.82 x 3.32 meters |
| Bedroom | Second level | 3.83 x 2.61 meters |
| Bedroom | Basement | 2.94 x 2.36 meters |
| Recreational, Games room | Basement | 3.88 x 2.79 meters |
| Kitchen | Basement | 2.87 x 2.33 meters |
Is 687 COLLEGE AVENUE W a good fit for a growing family?+
With 4 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Guelph (Dovercliffe Park/Old University) before counting on it.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,296, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2-storey single family. The 4 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What's the parking situation?+
This property includes 3 spaces — No Garage.
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