$960,000 - 125 Municipal Street, Guelph
Detached for Sale in Guelph
New — Listed 4 days agoNeighbourhood: Dovercliffe Park/Old University
- MLS Number
- X13521010
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 7
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- GLOBAL BRICKS EXECUTIVE HOMES REALTY
ATTENTION; INVESTORS INVESTORS INVESTORS~ Looking for an Investor that will buy and take over the current Tenants Upstairs and Basement. Welcome to an exceptional investment opportunity in the heart of Guelph, nestled on one of the city's most desirable streets. This is your opportunity to own a lucrative income-generating property. Upstairs and downstairs rented. Very rare Solid All Brick 7 Bedrooms / 4 Washrooms Detached Bungalow - 4 Bedroom Upstairs & 3 Bedrooms In The Basement & Rec Room. ( The extra Rec Room can be used as Study Room/Office ). Basement Has a Walk- Out Door & Separate Entrance. Open-concept Kitchen & Dining with a corridor leading to a big Family Living Room upstairs with a cozy fireplace. This Solid Brick Well Maintained Bungalow Is Located In A quiet Most Sought After Neighborhood Of Guelph with an abundance of walking trails, close to all amenities including the Prestigious University Of Guelph, Highway 6, Downtown, Convenience stores, Parks and a host of other Amenities. This property comes with a big backyard and top patio to chill with friends and family especially in summer . This house is extremely perfect for Investors to generate extra dollars after mortgage. This property is currently generating $6000 plus monthly. With current lower Mortgage it is a win for the investor Buyer. This solid 7 Bedrooms Detached Bungalow will definitely appreciate a lot in the future. This is a great opportunity you do not want to miss.
Estimate your monthly payments for this property
Estimated Payment
$4,925.30/mo
Includes CMHC insurance ($26,784)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Dovercliffe Park/Old University
Dovercliffe Park/Old University is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Dovercliffe Park/Old University
- •Convenient location in Guelph
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Dovercliffe Park/Old University offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
125 Municipal Street, Guelph
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $640/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Guelph's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Guelph are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Guelph.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Dovercliffe Park/Old University
I know Dovercliffe Park/Old University well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.