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687 College Avenue

687 College Avenue

Guelph, ON

  • 4 bed
  • 3 bath
  • approx. 1100-1500 sqft
  • Semi-Detached
  • 103 days on market
$769,000

Rare Dual-Property Opportunity in Prime Guelph Location! The attached neighbouring property is also being offered for sale by the same owner, currently used as an investment property and rent covers the mortgage and some change! creating a unique chance to acquire both sides of the property-an exceptional opportunity for investors, developers, multi-generational families, or buyers seeking expanded rental income potential and future redevelopment possibilities (buyer to conduct their own due diligence).Ideally situated just minutes from the University of Guelph, shopping, parks, transit, and convenient Highway 401 access, this well-maintained semi-detached home offers exceptional versatility for investors, families, and owner-occupiers alike. Featuring 3+1 bedrooms, 3 bathrooms, and over 1,100 sq. ft. of living space, the home has benefited from numerous updates over the years, including windows, roofing, and flooring. The functional layout provides ample room for growing families, student housing potential, or multigenerational living. Enjoy a spacious side yard backing onto parkland, offering added privacy and direct access to green space.Located in the highly desirable Dovercliffe Park/Old University neighbourhood, this is a rare opportunity to secure a property in one of Guelph's most sought-after areas. Whether you're looking to live, invest, expand your portfolio, or explore future development potential, this property offers outstanding value and long-term upside.

Listing Details

Taxes (2026)
$4,296
Originally Listed
$749,000
Listed
May 28, 2026

Price History

Property

Style
2-Storey
Age
16-30
Construction
Aluminum Siding, Brick
Roof
Asphalt Shingle
Foundation
Poured Concrete
Interior
Accessory Apartment
Lot Size
55.09 x 74.9 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
3

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Flanders Road
Zoning
R.2
Parcel Number
714880098
Possession
Flexible
Occupancy
Owner

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

  • Priory Park Public School1.4 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 - ContEd1.2 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
24
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 Basement, 2-piece on Main, 4-piece on Second

Second

  • Bathroom9'10" x 6'7"
  • Bedroom10'3" x 9'3"
  • Bedroom15'10" x 10'11"
  • Bedroom12'7" x 8'7"

Main

  • Bathroom13'1" x 9'10"
  • Dining Room9'6" x 7'6"
  • Kitchen12'7" x 7'4"
  • Living Room17'9" x 10'5"

Basement

  • Bathroom9'10" x 6'7"
  • Bedroom9'8" x 7'9"
  • Kitchen9'5" x 7'8"
  • Recreation12'9" x 9'2"

Listed by

ENGEL & VOLKERS TORONTO CENTRAL

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$153,800

Estimated Monthly Payment

$3,778

Land transfer tax

Estimated land transfer tax$11,855

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: $3,778/mo (20% down, 5.5%)

Taxes: $358/mo · Insurance: $192/mo

Estimates only. Consult a financial advisor.

R

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