689 College Avenue
Guelph, ON
- 4 bed
- 3 bath
- approx. 1100-1500 sqft
- Semi-Detached
- 103 days on market
Rare Opportunity to Purchase Both Sides of a Semi-Detached Property in Prime South Guelph! Offered for sale alongside the attached neighbouring home by the same owner, this unique offering presents exceptional potential for investors, developers, multi-generational families, or buyers looking to maximize rental income and future value.Located in the highly desirable Dovercliffe Park/Old University neighbourhood, just minutes from the University of Guelph, Stone Road Mall, top-rated schools, parks, transit, and convenient Highway 401 access, this spacious semi-detached home offers outstanding versatility and long-term potential. Featuring 3+2 bedrooms, 3 bathrooms, and a functional two-storey layout, the home boasts a bright and inviting main floor complete with a generous living room, separate dining area, convenient powder room, and large windows that fill the space with natural light. The finished lower level provides additional living space, a fourth bedroom, and a flexible room ideal for a home office, study area, or extra storage.Outside, enjoy a large fenced yard with plenty of space for entertaining, gardening, or family activities. Whether you're an investor seeking strong rental demand from the nearby university, a family looking for a well-connected neighbourhood, or a purchaser interested in acquiring both properties for future opportunities, this is a rare chance to secure a valuable asset in one of Guelph's most sought-after communities.Both properties may be purchased together, creating a unique large-lot assembly opportunity rarely available in this established neighbourhood. Buyer to complete their own due diligence regarding future development or redevelopment potential.
Listing Details
- Taxes (2026)
- $4,296
- Listed
- May 26, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Brick, Vinyl Siding
- Roof
- Flat
- Foundation
- Concrete
- Interior
- Accessory Apartment
- Lot Size
- 81 x 62.79 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- College Ave And Stone Road
- Parcel Number
- 714880097
- Possession
- Flexible
- Occupancy
- Tenant
Schools
Elementary
- Mary Phelan Catholic School0.4 km
Catholic · Wellington CDSB · 200 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Kortright Hills Public School1.4 km
Public · Upper Grand DSB · 525 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 72% met the provincial standard
- Fred A Hamilton Public School1.4 km
Public · Upper Grand DSB · 205 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 65% 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 - ContEd1.2 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
Residential Freehold in Guelph · last 12 months
- Median sold price
- $735,000
- Homes sold
- 1,548
- Median days on market
- 25
- Sale-to-list price
- 97.8%
Based on 1,548 recorded sales of residential freehold properties in Guelph over the last 12 months.
Rooms
4-piece on Upper, 2-piece on Main, 4-piece on Lower
Upper
- Bedroom11' x 15'10"
- Bedroom 212'8" x 8'8"
- Bedroom 310'3" x 9'2"
Main
- Dining Room9'7" x 7'8"
- Kitchen7'5" x 12'9"
- Living Room10'5" x 17'6"
Lower
- Bedroom20'9" x 10'4"
- Laundry9'10" x 6'7"
- Other13'8" x 6'9"
Listed by
ENGEL & VOLKERS TORONTO CENTRAL
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Mortgage Calculator
$149,800
Estimated Monthly Payment
$3,680
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,680/mo (20% down, 5.5%)
Taxes: $358/mo · Insurance: $187/mo
Estimates only. Consult a financial advisor.
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