
123 ELIZABETH Street
Guelph, Ontario
3 bed • 2 bath • Single Family
Located in the St. Patrick's Ward, offering endless possibilities for growing families, first-time home buyers, and investors, this charming 2-storey home is packed with possibilities. With two separate entrances and flexible living space, it could be transformed into a spacious family home or a multigenerational setup. Set on an impressive 200-ft deep lot, this diamond in the rough is brimming with potential, this home is ready for cosmetic updates and creative inspiration. With a little vision, updating and care, it presents an excellent opportunity for added value and future return on investment. Versatile floor plan on both levels. The main floor features an eat-in kitchen, cozy living room, primary bedroom, and a full 4-piece bathroom. Spacious second floor offers a large family room, a full 4-piece bath, and two additional bedrooms-one of which can easily serve as an office or nursery. The full basement offers exceptional flexibility with two separate staircases (front and side access) plus a walk-up from the laundry room, adding even more promise for future development. A rare opportunity to transform a solid home on a large lot into something truly special. With flexible zoning that allows for multiple uses-such as a duplex, an additional residential dwelling unit, and more, this property is an excellent investment. Some of the upgrades completed over the years include a high-efficiency gas furnace (2007), roof shingles (2007), an upgraded electrical panel and a water service to copper. Just a few blocks away, you can enjoy biking and scenic walks along the river, or take a short stroll to explore downtown and its many boutiques, cafes, and restaurants. Enjoy effortless commuting with the GO station conveniently within walking distance. Option to acquire the adjacent vacant lot along with this home unlocks exceptional opportunities for expansion, customization, and creativity
Price History
Schools
Elementary
- Sacred Heart Catholic School0.4 km
Catholic · Wellington CDSB · 295 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 68% met the provincial standard
- Ecole Guelph Lake Public School0.6 km
Public · Upper Grand DSB · 490 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 60% met the provincial standard
- Ecole King George Public School0.8 km
Public · Upper Grand DSB · 465 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 89% met the provincial standard
Secondary
- St James Catholic School1.1 km
Catholic · Wellington CDSB · 1080 students
Grade 10 literacy: 85% met the provincial standard
- St John Bosco Catholic School1.3 km
Catholic · Wellington CDSB · 65 students
- John F Ross Collegiate and Vocational Institute1.5 km
Public · Upper Grand DSB · 2115 students
Grade 10 literacy: 90% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N1E
- Population
- 44,799
- Private dwellings
- 18,055
- Median age
- 38.4
- Average household size
- 2.5
- Median household income
- $96,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Guelph · last 12 months
- Median sold price
- $735,250
- Homes sold
- 1,542
- Median days on market
- 25
- Sale-to-list price
- 97.8%
Based on 1,542 recorded sales of single family properties in Guelph over the last 12 months.
Location
Mortgage Calculator
$109,980
Estimated Monthly Payment
$2,701
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,701/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $137/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?