24 FOREST HILL Drive, Guelph

Price: $1,695,000

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13800850

Located in Guelph's desirable Old University neighbourhood, 24 Forest Hill Dr is a rare offering. This custom home, built in 2020 by Mezcon Construction sits among mature trees on a corner lot in one of the neighbourhoods most picturesque locations. At just over 2,500 sqft, the property is full of upgrades and high-end finishes, both inside and out. The exterior has had extensive updates including iron fencing, landscaping, sunken patio w/ armour stone, retaining wall, stone steps, a flagstone path and garden shed. This home offers modern benefits while blending the character found in an older home- including the huge wrap around front porch allowing for sun exposure from sunrise to sunset. Inside the front door, you'll immediately notice how bright and airy the home feels with 9' ceilings and natural light coming from all the windows. There is a home office just inside the front door with custom built ins, followed by a 2pc powder room. The custom gourmet kitchen features upgrades including quartz countertops, soft close cabinet doors & drawers as well as a 10' kitchen island & walk-in pantry. The kitchen opens into the living room/ dining room area, creating a beautiful spot for family gatherings, fantastic views of the backyard and cozy evenings with a gas fireplace. There is also a mudroom with custom built ins that provides direct access to the attached garage. Upstairs, the 9' ceilings continue to three bedrooms including an ensuite with stand alone tub, tile/glass walk in shower & two custom vanities; two walk-in closets in the primary & 2nd floor laundry. The basement also features 9' ceilings and is actually two spaces: one side was designed to be a fully finished 1bdrm/ 1bath unit w/ laundry by the builder with a separate entrance. The other side which is connected to the rest of the house has 9' ceilings, a finished rec room, addtl bathroom and storage. This home is walkable to downtown Guelph, the UofG and so many amenities.

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active

$1,695,000 - 24 FOREST HILL Drive, Guelph

Detached for Sale in Guelph

Neighbourhood: Dovercliffe Park/Old University

4Beds
4Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
X13800850
Property Type
Detached
Status
active
Days on Site
19
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Guelph
Taxes (2026)
$12,030
Listing Brokerage
Keller Williams Home Group Realty
Description

Located in Guelph's desirable Old University neighbourhood, 24 Forest Hill Dr is a rare offering. This custom home, built in 2020 by Mezcon Construction sits among mature trees on a corner lot in one of the neighbourhoods most picturesque locations. At just over 2,500 sqft, the property is full of upgrades and high-end finishes, both inside and out. The exterior has had extensive updates including iron fencing, landscaping, sunken patio w/ armour stone, retaining wall, stone steps, a flagstone path and garden shed. This home offers modern benefits while blending the character found in an older home- including the huge wrap around front porch allowing for sun exposure from sunrise to sunset. Inside the front door, you'll immediately notice how bright and airy the home feels with 9' ceilings and natural light coming from all the windows. There is a home office just inside the front door with custom built ins, followed by a 2pc powder room. The custom gourmet kitchen features upgrades including quartz countertops, soft close cabinet doors & drawers as well as a 10' kitchen island & walk-in pantry. The kitchen opens into the living room/ dining room area, creating a beautiful spot for family gatherings, fantastic views of the backyard and cozy evenings with a gas fireplace. There is also a mudroom with custom built ins that provides direct access to the attached garage. Upstairs, the 9' ceilings continue to three bedrooms including an ensuite with stand alone tub, tile/glass walk in shower & two custom vanities; two walk-in closets in the primary & 2nd floor laundry. The basement also features 9' ceilings and is actually two spaces: one side was designed to be a fully finished 1bdrm/ 1bath unit w/ laundry by the builder with a separate entrance. The other side which is connected to the rest of the house has 9' ceilings, a finished rec room, addtl bathroom and storage. This home is walkable to downtown Guelph, the UofG and so many amenities.

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Estimated Payment

$7,497.56/mo

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5-yr fixed avg.

Principal: $1,356,000Interest: $893,267
Mortgage Amount$1,356,000
Total Interest$893,267
Est. Property Tax$1,201/mo
Total Cost$2,249,267

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

24 FOREST HILL Drive, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,201
Insurance (est.)-$353
Net Cash Flow+$1,996

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

Competitive Pricing

At $678/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.

Market Position

At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 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.

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    24 FOREST HILL Drive, Guelph | $1,695,000 | Battaglia Team