$1,499,000
( $457.15Per Sq Foot )
 $8,047 est/mo Sourced by Back At You

486 College Avenue , Guelph, ON N1G 1T5

Guelph, ON N1G 1T5

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Description

This prime property on College Avenue W. in Guelph measures 100ft x 150ft and offers a great opportunity for investors and homeowners. The 3,279.01 sf bungalow includes a legal accessory basement 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. 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.

Details

MLS#X12055152
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site20
Listing Provided ByAVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP | X12055152 003204

Features

Bed(s)6
Bath(s)3
SQ Feet3,279
Acreage0.08
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 8 seconds ago
ProvinceON
CountyWellington
CityGuelph
Postal CodeN1G 1T5
AreaDovercliffe Park | Old University
Listing VS Median (In N1G 1T5)
Price:
$1,499,000
low | high
Med:
$1,499,000
50% of Average
SqFt:
3,279
low | high
Med:
3,279
50% of Average
$ / SqFt:
$457
low | high
Med:
$457
50% of Average
On site:
20
low | high
Med:
20.000000
100% of Average
Sourced by Back At You
Listing Updated: April 9, 2025 at 8:14:16 PM PDT