We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON Greater Guelph Guelph Kortright Hills
486 COLLEGE AVENUE W
Directions Print
486 COLLEGE AVENUE W $1,499,000
$1,499,000
Hide
Favourite

486 COLLEGE AVENUE W
Guelph (Dovercliffe Park/Old University), Ontario N1G1T5

MLS® Number: X12055101
6
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing Description

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. (40159571)

Location Description

Devere Drive

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1500 - 2000 sqft
Community Name
Dovercliffe Park/Old University
Title
Freehold
Land Size
100 x 150 FT|under 1/2 acre
Annual Property Taxes
$7,033
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
8 days

Building

Bedrooms
Above Grade
6
Bathrooms
Total
3
Interior Features
Appliances Included
Water Heater, Water softener, Dishwasher, Dryer, Freezer, Oven, Range, Washer, Refrigerator
Basement Features
Walk out
Basement Type
Full (Finished)
Building Features
Foundation Type
Concrete
Style
Detached
Architecture Style
Bungalow
Heating & Cooling
Cooling
Central air conditioning, Air exchanger
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Detached Garage, Garage
Total Parking Spaces
8

Measurements

Square Footage
1500 - 2000 sqft

Land

Lot Features
Frontage
100 ft
Land Depth
150 ft
Other Property Information
Zoning Description
RL.1
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

Similar Listings

BOBBY SINGH