
687 College Avenue
Guelph, ON
- 4 bed
- 3 bath
- approx. 1100-1500 sqft
- Semi-Detached
- 103 days on market
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.
Location
Street View
Mortgage Calculator
$153,800
Estimated Monthly Payment
$3,778
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: $3,778/mo (20% down, 5.5%)
Taxes: $358/mo · Insurance: $192/mo
Estimates only. Consult a financial advisor.
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