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14 ELSON DRIVE, Guelph (Dovercliffe Park/Old University) — listed at $849,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
This beautiful raised bungalow is ideally located just minutes from the University of Guelph, and presents an outstanding opportunity for families, investors or first-time home buyers. The bright and spacious main level features three generous bedrooms with the primary bedroom offering a large walk-in closet and a 4-piece bathroom. A large family-sized eat-in kitchen designed for everyday living and entertaining includes an abundance of cabinetry and expansive counter space, along with the oversized breakfast area that walks out to the backyard. The fully finished lower level offers incredible versatility with a self-contained basement apartment featuring a separate entrance, an additional bedroom, 2nd kitchen, and a warm, inviting living room complete with a cozy gas fireplace. Whether used for extended family, student accommodations, or as an income-generating rental suite, this space adds tremendous value and flexibility. Parking is never a concern with an oversized driveway accommodating three vehicles, plus an attached two-car garage, providing a total of five parking spaces. Offering a functional layout, excellent income potential, and a highly desirable location close to the University of Guelph, schools, parks, shopping, and major amenities, this home is a rare opportunity that combines comfortable family living with outstanding investment potential. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 6.81 x 3.64 meters |
| Kitchen | Main level | 3.38 x 3.31 meters |
| Primary Bedroom | Main level | 3.42 x 2.88 meters |
| Bedroom 2 | Main level | 3.42 x 2.88 meters |
| Bedroom 3 | Main level | 2.87 x 3.46 meters |
| Living room | Lower level | 4.54 x 3.41 meters |
| Bedroom | Lower level | 3.41 x 3.1 meters |
| Kitchen | Lower level | 3.41 x 2.56 meters |
| Eating area | Main level | 3.38 x 2.46 meters |
Is 14 ELSON DRIVE 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.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,798.3, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, 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's the parking situation?+
This property includes 5 spaces — Attached Garage, Garage.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, Separate entrance, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
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