$764,900 - 22 Delaware Avenue, Guelph
Detached for Sale in Guelph
65 days on market- MLS Number
- X13003190
- Property Type
- Detached
- Status
- active
- Days on Site
- 65
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- Bosley Real Estate Ltd.
Welcome to 22 Delaware Avenue in Guelph-a beautifully updated bungalow with a legal 2 bedroom basement unit and situated on a large quarter of an acre lot. This home offers exceptional versatility and value. This well-maintained home features 3 spacious bedrooms and a full bathroom on the main level, complemented by an updated kitchen with stylish butcher block countertops and updated flooring in the kitchen and dining area, creating a warm and inviting living space. Situated on a large lot (quarter of an acre), this property offers incredible outdoor space today with exciting future potential. The generous lot size may allow for the addition of a separate home or accessory unit, making it an excellent opportunity for investors, builders, or those looking to expand.A standout feature of this property is the fully legal 2-bedroom basement apartment, offering a fantastic opportunity for additional income, multigenerational living, or extended family space. With its own separate living area, this unit adds both flexibility and long-term value.Located in a desirable, family-friendly neighbourhood close to schools, parks, shopping, and amenities, this home is ideal for homeowners and investors alike.Don't miss your chance to own a turnkey property with built-in income potential and future development potential in the heart of Guelph.
Estimate your monthly payments for this property
Estimated Payment
$3,924.33/mo
Includes CMHC insurance ($21,341)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Guelph
Guelph is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Guelph
- •Convenient location in Guelph
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Guelph offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
22 Delaware Avenue, Guelph
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1093/sqft, this property is priced in line with current Guelph market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 65 days on site, this property has exceeded the typical selling timeline for Guelph. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Guelph are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Guelph.
Investment Perspective
Looking at this as an investment: Guelph properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,187 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.