$1,200,000 - 7 Waterloo Avenue, Guelph
Detached for Sale in Guelph
Neighbourhood: Downtown
- MLS Number
- X13635878
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- Keller Williams Home Group Realty
Steeped in history and thoughtfully restored, this beautiful limestone home is a rare opportunity to own a piece of Guelph's architectural heritage-without compromising on modern comfort. Every inch of this timeless two-storey residence has been meticulously renovated, blending the enduring charm of its original stone construction with the quality and convenience of today's living.Inside you'll find a bright, welcoming interior where classic character meets contemporary design. Exposed, repointed stone walls throughout the home bring the home's exterior beauty in. Featuring 3 bedrooms with large windows, a beautifully appointed full bathroom on the upper level, a stylish main-floor powder room, and an additional full bathroom in the newly finished basement. Extensive updates including electrical, plumbing, furnace, and in-floor heating provide peace of mind while preserving the home's historic integrity. The finished basement adds valuable living space perfect for a family room, home office, or guest retreat. Outside, enjoy a fully fenced backyard that offers both privacy and a truly picturesque setting, with stunning views of the iconic Church of Our Lady creating an unforgettable backdrop. Located in the heart of downtown Guelph, you're just steps from charming cafés, acclaimed restaurants, the vibrant farmers' market, and the Go Station for convenient commuting. With parking for 2 vehicles and every major renovation already complete, this exceptional limestone home offers the perfect balance of heritage, craftsmanship, and modern living in one of the city's most sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$5,308.00/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 Downtown
Downtown 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 Downtown
- •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
Downtown 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.
7 Waterloo Avenue, Guelph
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Rental income estimator & ROI calculator
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
Competitive Pricing
At $800/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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 Downtown
I know Downtown 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.