
137 DOVERCLIFFE Road
Guelph, Ontario
4 bed • 2 bath • Single Family
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.
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