$889,000
For sale: Detached

Beautiful raised bungalow offering exceptional flexibility for families, investors, and first-time buyers. Ideally located just minutes from the University of Guelph, this home presents an outstanding opportunity for families with university-aged children, savvy investors seeking strong rental potential, or young couples looking to offset their mortgage with additional income.The bright and spacious main level features three generous bedrooms with the primary bedroom offering a large walk-in closet and a 3 piece bathroom. Gleaming hardwood floors throughout, and a large family-sized eat-in kitchen designed for everyday living and entertaining. You'll love the 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 separate entrance, a self-contained basement apartment featuring an additional bedroom, 2nd kitchen, and a warm, inviting room/ dining 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 hardwood flooring throughout, 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. Legal 1 bedroom basement apartment.
Sold data
Detached homes in Guelph (Dovercliffe Park/Old University) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 49, across 228 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.
The median sale price was $849,450.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 228 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Guelph (Dovercliffe Park/Old University) has 49 Fraser Institute–rated schools (42 elementary and 7 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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