14 Elson Drive, Guelph

Price: $889,000

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X13529378

Beautifull 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 4 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.

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active
New Listing
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$889,000 - 14 Elson Drive, Guelph

Detached for Sale in Guelph

New — Listed yesterday

Neighbourhood: Dovercliffe Park/Old University

4Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X13529378
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Guelph
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Beautifull 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 4 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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,561.03/mo

Includes CMHC insurance ($24,803)

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5%10%50%

5-yr fixed avg.

Principal: $800,100Interest: $543,406
Mortgage Amount$824,903
Total Interest$543,406
Est. Property Tax$630/mo
Total Cost$1,368,309

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.

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Neighbourhood Guide: Dovercliffe Park/Old University

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

14 Elson Drive, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$630
Insurance (est.)-$185
Net Cash Flow+$2,385

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $808/sqft, this property is priced in line with current Guelph market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Guelph. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 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.

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    14 Elson Drive, Guelph | $889,000 | Battaglia Team