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137 DOVERCLIFFE Road

137 DOVERCLIFFE Road

Guelph, Ontario

4 bed • 2 bath • Single Family

$639,900

Attention investors! A turnkey investment opportunity comes with this fully rented home to add to your portfolio. Currently rented for $4,000/month + utilities (paid by tenants) with a lease in place until May '27, offering immediate and reliable returns. This is a fantastic opportunity to own a fully tenanted, income-generating property with strong cash flow. Excellent tenants in place have chosen to stay for another year. This well-maintained 3+1 bedroom, 1+1 full-bathroom townhome features a functional and spacious layout ideal for tenants. The main floor boasts a large eat-in kitchen with ample cabinetry, a separate dedicated dining area, and a bright, expansive living room with walkout access to a fully fenced private yard—perfect for outdoor enjoyment. Convenient main-floor laundry. Upstairs, you'll find three generously sized bedrooms and a 4-piece bathroom, providing comfortable living space for families or shared accommodations. The fully finished basement includes a large fourth bedroom, a 3-piece bathroom, and a utility room, maximizing rental potential. The private backyard overlooks green space and mature trees, offering peaceful views. There is also exclusive access to a community pool that provides a welcome retreat during warm summer days! Updates include: roof shingles '19, furnace '24, central air conditioning '22, water heater owned '24, and all flooring throughout all 3 levels. Bonus: The home is being sold fully furnished, making it a truly turnkey investment with minimal effort required. Don't miss this high-performing, hassle-free addition to your portfolio! Conveniently located near bus stops and quick access to Hanlon, the University of Guelph, and all the great amenities at Stone Rd Mall and the area.

Price History

Schools

Elementary

  • Mary Phelan Catholic School0.8 km

    Catholic · Wellington CDSB · 200 students

    Grade 3 reading: 67% met the provincial standard · Grade 6 math: 56% met the provincial standard

  • ÉÉC Saint-René-Goupil1.5 km

    French Catholic · CS catholique MonAvenir · 190 students

    Grade 3 reading: 72% met the provincial standard · Grade 6 math: 42% met the provincial standard

  • Priory Park Public School1.6 km

    Public · Upper Grand DSB · 210 students

    Grade 3 reading: 56% met the provincial standard · Grade 6 math: 53% met the provincial standard

Secondary

  • College Heights Secondary School1.1 km

    Public · Upper Grand DSB · 265 students

    Grade 10 literacy: 26% met the provincial standard

  • Day School -Wellington Centre - ContEd1.1 km

    Public · Upper Grand DSB · 120 students

  • Centennial Collegiate and Vocational Institute1.3 km

    Public · Upper Grand DSB · 1655 students

    Grade 10 literacy: 93% 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 N1G

Population
29,688
Private dwellings
12,853
Median age
37.6
Average household size
2.6
Median household income
$98,000

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
$735,000
Homes sold
1,544
Median days on market
24
Sale-to-list price
97.8%

Based on 1,544 recorded sales of single family properties in Guelph over the last 12 months.

Location

Mortgage Calculator

$127,980

Estimated Monthly Payment

$3,144

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,144/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $160/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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