$2,695,000 - 54 Forest Street, Guelph
Detached for Sale in Guelph
Popular ListingNeighbourhood: Dovercliffe Park/Old University
- MLS Number
- X13499936
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- Eve Claxton Realty Inc
Situated on a private 66 x 150 ft. lot in Guelph's prestigious Old University neighbourhood, this exceptional custom-built bungalow offers a rare opportunity to own one of the areas finest residences. Located on a quiet, tree-lined street just minutes from downtown Guelph, parks, trails, shopping, dining, top-rated schools, and GO Transit, the home combines luxury, privacy, and convenience.Offering nearly 6,000 sq. ft. of beautifully finished living space, the residence showcases soaring ceilings up to 14 feet, premium finishes, custom millwork, and integrated smart home technology. Thoughtfully designed for both everyday living and entertaining, every detail reflects exceptional craftsmanship and quality.The chef-inspired kitchen features premium built-in appliances, an oversized island, walk-in pantry, and dedicated servery. The open-concept layout flows seamlessly into expansive living and dining spaces highlighted by a dramatic linear fireplace, Legrand lighting controls, surround sound, wireless Hunter Douglas blinds, and a stunning open-tread staircase with glass railings.The fully finished lower level offers oversized windows, radiant in-floor heating, a spacious recreation room, dedicated gym with indoor sauna, private office, theatre room, two additional bedrooms and a full bathroom. This versatile space is ideal for growing families, guests, or multi-generational living.Outside, the professionally landscaped and fully fenced backyard provides a private retreat featuring a covered patio, extensive concrete hardscaping, and a premium hot tub, creating the perfect setting for relaxation and entertaining.Additional upgrades exceeding $100,000 include approximately $80,000 in premium home theatre equipment, epoxy garage flooring, hot tub, and sauna. Immaculately maintained and completely move-in ready, this remarkable property represents luxury bungalow living in one of Guelph's most sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$11,920.89/mo
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.
54 Forest 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
Fair Market Value
At $898/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.
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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.