302 College Avenue Unit 21, Guelph

Price: $589,000

4 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13585326

Whether you are beginning home ownership, looking to downsize or thinking of investing, this 3 bedroom, 3 bathroom freshly painted townhome covers all the bases. Greet your guests in the foyer that has new closet doors, open views to the kitchen and the convenience of an updated 2 piece bath. The kitchen is bright and airy with loads of cupboards, new countertops, stainless steel appliances. The living room offers space to relax while watching TV and is also enhanced with new flooring and a walkout to the back patio. Upstairs the primary bedroom has elements that you normally see in large homes... a big closet and an updated 3 piece ensuite! The basement offers even more possibilities...the finished recreation room would be an ideal bedroom for a student with access to a private 3 piece bathroom. The single garage and driveway offers private parking for 2 cars in this well run condo complex that is just blocks from the University of Guelph, Stone Road Mall, schools and all that the south end of Guelph has to offer. The Sellers have taken great pride in making its space beautiful and now it is your opportunity to reap its benefits. Have a look today!

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$589,000 - 302 College Avenue Unit 21, Guelph

Condo for Sale in Guelph

34 days on market

Neighbourhood: Dovercliffe Park/Old University

4Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13585326
Property Type
Condo
Status
active
Days on Site
34
Bedrooms
4
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Guelph
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
ROYAL LEPAGE CERTIFIED REALTY
Description

Whether you are beginning home ownership, looking to downsize or thinking of investing, this 3 bedroom, 3 bathroom freshly painted townhome covers all the bases. Greet your guests in the foyer that has new closet doors, open views to the kitchen and the convenience of an updated 2 piece bath. The kitchen is bright and airy with loads of cupboards, new countertops, stainless steel appliances. The living room offers space to relax while watching TV and is also enhanced with new flooring and a walkout to the back patio. Upstairs the primary bedroom has elements that you normally see in large homes... a big closet and an updated 3 piece ensuite! The basement offers even more possibilities...the finished recreation room would be an ideal bedroom for a student with access to a private 3 piece bathroom. The single garage and driveway offers private parking for 2 cars in this well run condo complex that is just blocks from the University of Guelph, Stone Road Mall, schools and all that the south end of Guelph has to offer. The Sellers have taken great pride in making its space beautiful and now it is your opportunity to reap its benefits. Have a look today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,021.88/mo

Includes CMHC insurance ($16,433)

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5-yr fixed avg.

Principal: $530,100Interest: $360,029
Mortgage Amount$546,533
Total Interest$360,029
Est. Property Tax$417/mo
Total Cost$906,563

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 21, 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.)-$417
Insurance (est.)-$123
Net Cash Flow+$2,000

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 $491/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 34 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 21, Guelph | $589,000 | Battaglia Team