Who’s looking for a profitable property?
This is the Guelph deal you’ve been waiting for—move-in ready, rental-ready, and priced over $100K below market value. For just $539K, you’re getting a full 3+1 bed, 1.5 bath condo townhouse in one of Guelph’s most desirable pockets—just minutes to University of Guelph, Crane Park, Speed River trails, groceries, and medical. Located on a quiet court overlooking a peaceful park, this property also comes with super low condo fees ($262/month incl. water), a community-only private pool, and 3 parking spaces (garage + 2 surface).
Whether you’re a landlord targeting UofG students, a savvy buyer with plans for a 2-unit setup, or an end-user wanting instant equity in a great neighbourhood—this one checks all the boxes. Plus, seller may consider a 70-80% VTB at just 4.5% for qualified buyers.
Windows and sliding door were just updated (2024), appliances are newer, and the basement offers a finished open room with rear entrance already in place—an easy step toward conversion if desired.
How can you profit?
1) Buy with over $100K in instant equity— this house was purchased for $655,000 in 2023 and other nearby townhouses with newer renos sold in the high $600s and over $700k. Your price is discounted at $539k.
2) Rent to students or a small family—bike to University of Guelph in 8 minutes
3) Convert the basement to an apartment and rent—separate rear entrance already in place
4) Realtors – Bring us a buyer. We’re paying 2.5% or more commission on this one!
Not a flip – the numbers are tight for the current market.
SUMMARY:
– LOCATION: Guelph, ON (Dovercliffe Rd & Colleg Ave W)
– PURCHASE PRICE: $539,900 Or Best Offer
– AFTER REPAIR VALUE: around $700,000
– AS-IS VALUE: this was purchased for $655,000 in 2023
– CLOSING: July 16,2025 (Option to close earlier. This is an assignment sale.)
– TYPE: 2 Storey Condo Townhouse
– BEDS/BATHS: 3+1 Beds/1.5 Baths
– PARKING: 3 Parking (1 Garage + 2 Surface)
– BASEMENT: Finished (carpeted); separate rear entrance; 1 open room; potential for 2-unit conversion
– SQFT: 1,240
– AGE: 1977
– CONDO FEES: $262 (includes Water, outdoor elements)
– PROPERTY TAX: $3,378 (2024)
– POSSESSION: Vacant
RENOVATIONS NEEDED:
– This unit is move-in ready and rental-ready as-is
– Small plumbing issue from condo board side—repairs already scheduled and fully covered by condo corp
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
Recent Upgrades Include:
Rainfall shower
NEW front entry door
NEW sliding door and back window
NEW garage door opener
NEW water softener
NEW tankless water heater
NEW electrical panel
NEW stove
NEW dishwasher
NEW sink and faucet
GOOD NEWS:
– Over $100K off similar townhomes in the area
– Low maintenance fees
– 3-car parking in a condo—rare find
– New kitchen door and appliances
– Community pool access for residents only
– Potential for seller financing at 4.5% on 70-80% LTV
LISTING ID: 0525-GUE-C01
Please let us know if you want to view it or if you want the info package. (Comparable solds, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang, Josea Dussard
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get immediate access to these discounted deals as soon as they are available.
PS. Email us today for your info package. Who wants to buy this one at a discount before the market heats up again?