289 SPEEDVALE Avenue
Guelph, Ontario
4 bed • 2 bath • Single Family
Welcome to 289 Speedvale Ave E, charming 3+1-bedroom bungalow offering a finished basement with in-law suite, separate entrance & incredible backyard oasis W/beautiful in-ground pool! Filled with potential, this home presents an exciting opportunity for someone to update the space to reflect their personal style & truly make it their own. Step inside to inviting living room W/hardwood floors, crown moulding & oversized window that fills the space with natural light. Kitchen offers ample counter space & large window above the double sink W/scenic views of the backyard. It flows into the dining area where sliding doors lead to back deck, creating a seamless indoor-outdoor connection that is perfect for everyday living & entertaining. Main floor features 3 bedrooms each W/hardwood floors & large windows, along with a 4pc bathroom featuring a shower/tub. Downstairs the finished basement offers excellent in-law potential with its own separate entrance. Spacious recreation area offers wood stove & multiple windows that bring in lots of natural light. A wet bar could easily be converted into a second kitchen while an add'l bedroom, bathroom & laundry area complete the lower level. With some adjustments this flexible setup could be an excellent opportunity for an investor or buyer looking to create an income suite to help offset the mortgage. New AC adds further peace of mind. Outside the triple-wide driveway provides parking for more than 7 cars. Huge 2-tiered deck overlooks expansive backyard & kidney-shaped in-ground pool surrounded by concrete patio. Mature trees create private setting while a shed offers lots of room for seasonal equip & pool accessories. Short stroll to nearby shopping centre offering groceries, LCBO, pharmacy, fitness & more. Edward Johnson PS, Holy Rosary Catholic School & Bullfrog Pond Park are just around the corner. Royal Recreation Trail & scenic Speed River are also nearby. Downtown is 5-min away W/restaurants, boutiques, nightlife & GO Station
Price History
Schools
Elementary
- Edward Johnson Public School0.4 km
Public · Upper Grand DSB · 290 students
Grade 3 reading: 94% met the provincial standard · Grade 6 math: 89% met the provincial standard
- Holy Rosary Catholic School0.5 km
Catholic · Wellington CDSB · 260 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 28% met the provincial standard
- École élémentaire L'Odyssée0.5 km
French public · CS Viamonde · 150 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 87% met the provincial standard
Secondary
- John F Ross Collegiate and Vocational Institute1.1 km
Public · Upper Grand DSB · 2115 students
Grade 10 literacy: 90% met the provincial standard
- UGDSB Online Learning Program1.7 km
Public · Upper Grand DSB
- Our Lady of Lourdes Catholic School1.9 km
Catholic · Wellington CDSB · 620 students
Grade 10 literacy: 77% 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
- $735,000
- Homes sold
- 1,543
- Median days on market
- 25
- Sale-to-list price
- 97.8%
Based on 1,543 recorded sales of single family properties in Guelph over the last 12 months.
Location
Mortgage Calculator
$145,980
Estimated Monthly Payment
$3,586
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,586/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $182/mo
Estimates only. Consult a financial advisor.