137 Dovercliffe Road

Nestled in the charming community of Dovercliffe Park/Old University, this delightful townhouse for sale in Guelph at 137 Dovercliffe Road, Guelph, presents an exceptional opportunity for investors seeking a turnkey property. This well-maintained condo townhouse, with its attractive brick and vinyl siding exterior, boasts a two-storey design that is both functional and inviting.

As you enter this lovely abode, you are greeted by a spacious layout that features a total of eight rooms, including three generous bedrooms and a den, perfect for a home office or study. The main floor is designed with convenience in mind, showcasing a large eat-in kitchen that is well-equipped with ample cabinetry, allowing for easy meal preparation and entertaining. Adjacent to the kitchen, there is a dedicated dining area, ideal for family gatherings or hosting friends. The bright and expansive living room provides a welcoming atmosphere, with walkout access to a fully fenced private yard, perfect for outdoor enjoyment and relaxation.

One of the standout features of this townhouse for sale in Guelph is the convenience of main-floor laundry, making daily chores a breeze. As you ascend to the upper level, you will find three generously sized bedrooms, which offer comfortable living space for families or shared accommodations. The well-appointed 4-piece bathroom on this floor ensures that everyone has easy access to essential amenities.

The fully finished basement is an added bonus, featuring a large fourth bedroom and a 3-piece bathroom, maximising the rental potential of this property. This additional living space is perfect for guests or can be utilised as a private retreat for tenants. The utility room in the basement provides extra storage, ensuring that the home remains clutter-free.

The private backyard of this townhouse for sale in Guelph overlooks green space and mature trees, offering peaceful views that create a serene environment for relaxation. Moreover, residents will enjoy exclusive access to a community pool, providing a refreshing escape during the warm summer months.

This property is not only well-appointed but also boasts several recent updates, ensuring that it is in excellent condition for its next owner. The roof shingles were replaced in 2019, and the furnace is brand new as of 2024. The central air conditioning system was installed in 2022, and the water heater is owned and was updated in 2024. Additionally, all flooring throughout the three levels has been refreshed, enhancing the overall appeal of the home.

Currently rented for an impressive $4,000 per month plus utilities (which are paid by tenants), this townhouse for sale in Guelph comes with a lease in place until May 2027, offering immediate and reliable returns for investors. The excellent tenants currently in place have expressed their desire to stay for another year, providing peace of mind for the new owner.

Conveniently located near bus stops and with quick access to the Hanlon Expressway, the University of Guelph, and the fantastic amenities at Stone Road Mall, this property is ideally situated for those seeking a vibrant community lifestyle.

In summary, 137 Dovercliffe Road, Guelph, is a high-performing, hassle-free addition to any investment portfolio. With its spacious layout, excellent rental potential, and desirable location, this townhouse for sale in Guelph is a must-see for anyone looking to invest in a property that offers both comfort and convenience. Don’t miss out on this fantastic opportunity!

Dovercliffe Park/Old University is a charming and tranquil neighbourhood nestled in the heart of Guelph, characterised by its lush green spaces and historic architecture. This area is known for its picturesque tree-lined streets, where quaint homes exude a sense of warmth and character. The proximity to the University of Guelph adds a vibrant energy to the locale, fostering a diverse and welcoming atmosphere. Residents can enjoy easy access to parks, walking trails, and local amenities, making it an ideal spot for those who appreciate a blend of nature and urban convenience. With its strong sense of community spirit and rich cultural heritage, Dovercliffe Park/Old University offers a delightful setting for anyone looking to settle in this lovely city.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. Within a 1.9 km radius, you will find a variety of schools under the Upper Grand District School Board, including Priory Park Public School (1.4 km, rating 1.3), Gateway Drive Public School (1.5 km, rating 3.4), and Fred A. Hamilton Public School (1.9 km, rating 7.6), offering programs in both English and French for grades JK to 8. For secondary education, College Heights Secondary School is just 1.1 km away, with a rating of 2.3, catering to grades 9 to 12. Additionally, Mary Phelan Catholic School (0.9 km, rating 0) and St. John Bosco Catholic High School (3.4 km, rating 0) provide Catholic education options. The proximity to these schools not only supports educational needs but also enhances the community feel of the neighborhood. Overall, this area is well-equipped for families seeking quality education for their children, with a mix of public and Catholic schools available nearby.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 511 residents, with an average household size of 2.6. The demographic profile indicates a relatively young community, with an average age of 37.6 years. Economic conditions appear favorable, as the average household income is $94,000, and only 5.6% of the population is classified as low-income. The average property price in the area is $590,000, reflecting a robust real estate market. Socially, the community is diverse, with 52.27% of residents being single and 44% living in households with children. The area is home to a significant immigrant population, comprising 18.75% of residents. Renting is common, with 47.62% of the population identified as renters, while 35.71% of the housing stock consists of condominiums. Education levels are high, with nearly 49% of residents holding a college or university degree. However, 25.53% of the population is not in the labor force, indicating a mix of employment statuses. Overall, this community presents a blend of youthful energy, educational attainment, and a stable economic environment, making it an attractive location for potential homebuyers and investors.