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Dovercliffe Park/Old University, Guelph
$1,899,900
Welcome to 87 University Avenue West, a beautifully reimagined 2.5-storey home in one of Guelph's most sought-after neighbourhoods. Extensively renovated, this property seamlessly blends timeless character with modern design and high-quality upgrades throughout. Offering 3 bedrooms and 4 bathrooms, this home delivers exceptional space and functionality for families and professionals alike. Thoughtfully updated, including a new 200 amp electrical service (2025) and electrical panel, copper wiring, heat pump/AC (2025) and smart switches throughout, adding modern convenience and control. The interior showcases a complete transformation, featuring a bright, well-designed layout with engineered hardwood flooring throughout and a stunning custom Bamco kitchen that anchors the home with both style and functionality. Thoughtful finishes and updated fixtures create a cohesive and contemporary feel. The additional half-storey adds versatility-perfect for a 4th bedroom, home office, or bonus living space. Outside, the property offers a pool-sized yard with excellent potential for an ADUs (accessory dwelling unit(s)), adding flexibility for future use. Just steps from the University of Guelph and close to Stone Road Mall, along with shopping, parks, transit, and walking distance to Downtown. Location, location, location!
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,764 |
| Lot Size | 63.26 ft x 164.17 ft |
| mls© Number | X13548654 |
| Listed By | Royal LePage Royal City Realty |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,725
- Property tax
- $730
- Heat allowance
- $150
- Housing costs
- $10,605 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$326,000
gross annual household income
- Payment at 4%
- $7,995 / mo
- Cash down
- $379,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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