



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$849,900
Guelph
14 Elson Drive, Guelph (Dovercliffe Park/Old University), Ontario, N1G4R6
This 4-bedroom, 3-bathroom home in Guelph is for sale offering roughly 1,300 sq ft of space. Listed at $849,900, it is attractively priced about 11% below the $960,000 median asking price in Guelph. It has been on the market 42 days, fresher than the Guelph average of 63 days.
This beautiful raised bungalow is ideally located just minutes from the University of Guelph, and presents an outstanding opportunity for families, investors or first-time home buyers. The bright and spacious main level features three generous bedrooms with the primary bedroom offering a large walk-in closet and a 4-piece bathroom. A large family-sized eat-in kitchen designed for everyday living and entertaining includes an abundance of cabinetry and expansive counter space, along with the oversized breakfast area that walks out to the backyard. The fully finished lower level offers incredible versatility with a self-contained basement apartment featuring a separate entrance, an additional bedroom, 2nd kitchen, and a warm, inviting living room complete with a cozy gas fireplace. Whether used for extended family, student accommodations, or as an income-generating rental suite, this space adds tremendous value and flexibility. Parking is never a concern with an oversized driveway accommodating three vehicles, plus an attached two-car garage, providing a total of five parking spaces. Offering a functional layout, excellent income potential, and a highly desirable location close to the University of Guelph, schools, parks, shopping, and major amenities, this home is a rare opportunity that combines comfortable family living with outstanding investment potential. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 42 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This 4-bed single family in Guelph (Dovercliffe Park/Old University) has been listed for 42 days, which is 21 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $849,900, about 8.7× the local median household income of $98,000.
Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 69% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1G)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice