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Dovercliffe Park/Old University, Guelph
$924,900
Welcome to this charming and thoughtfully updated home in Guelph's sought-after Old University neighbourhood, just steps to Downtown and beautiful Royal City Park, where the Speed and Eramosa Rivers meet. The main level offers a newer kitchen, spacious living room, and inviting dining room with sliders leading to the back deck and private yard. Upstairs features three bedrooms, an updated bathroom, and hardwood floors throughout. The finished basement offers additional living space, a separate entrance, and a convenient 3-piece bathroom. A newer, versatile single detached garage features a side roll-up door, creating the perfect opportunity for a recreation room, workshop, or hobby space. At the rear of the property, enjoy your own private swim spa year-round. An added bonus is the solar panel system, generating approximately $1,800 in annual income. A wonderful opportunity in an exceptional location close to parks, trails, the river, and all that Guelph has to offer.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,577 |
| Lot Size | 42.4 ft x 108.44 ft |
| mls© Number | X13764362 |
| Listed By | Coldwell Banker Neumann Real Estate |
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%
- $4,734
- Property tax
- $631
- Heat allowance
- $150
- Housing costs
- $5,515 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$170,000
gross annual household income
- Payment at 4%
- $3,892 / mo
- Cash down
- $184,980
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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