302 College Avenue Unit 163, Guelph

Price: $589,999

4 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13636510

Welcome to this lovely condo townhouse nestled in the sought-after Dovercliffe Park/Old University area in Guelph. This inviting home offers a wonderful opportunity to enjoy a convenient lifestyle, just a short walk to Stone Road Mall, parks, transit, and all the everyday amenities you need. Featuring 3 spacious bedrooms and 3 bathrooms, this home offers plenty of room for family living, guests, or a home office. The finished basement includes a bedroom with a large egress window, professionally installed with a permit, adding both comfort and peace of mind. The current owners have lovingly updated the home with carpet-free flooring and refreshed light fixtures, creating a bright, clean, and welcoming feel throughout. Set in a quiet and established neighbourhood near Huron Creek, this home combines comfort, convenience, and charm in one desirable package. A fantastic place to call home in a location that truly has it all.

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$589,999 - 302 College Avenue Unit 163, Guelph

Condo for Sale in Guelph

Neighbourhood: Dovercliffe Park/Old University

4Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13636510
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
4
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Guelph
Locker
Ensuite
Exposure
South
Balcony
None
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to this lovely condo townhouse nestled in the sought-after Dovercliffe Park/Old University area in Guelph. This inviting home offers a wonderful opportunity to enjoy a convenient lifestyle, just a short walk to Stone Road Mall, parks, transit, and all the everyday amenities you need. Featuring 3 spacious bedrooms and 3 bathrooms, this home offers plenty of room for family living, guests, or a home office. The finished basement includes a bedroom with a large egress window, professionally installed with a permit, adding both comfort and peace of mind. The current owners have lovingly updated the home with carpet-free flooring and refreshed light fixtures, creating a bright, clean, and welcoming feel throughout. Set in a quiet and established neighbourhood near Huron Creek, this home combines comfort, convenience, and charm in one desirable package. A fantastic place to call home in a location that truly has it all.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,027.00/mo

Includes CMHC insurance ($16,461)

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5-yr fixed avg.

Principal: $530,999Interest: $360,640
Mortgage Amount$547,460
Total Interest$360,640
Est. Property Tax$418/mo
Total Cost$908,100

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

302 College Avenue Unit 163, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$418
Insurance (est.)-$123
Net Cash Flow+$1,999

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 $492/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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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    302 College Avenue Unit 163, Guelph | $589,999 | Battaglia Team