$649,900 - 283 Cole Road, Guelph
Semi-Detached for Sale in Guelph
New — Listed yesterday- MLS Number
- X13435764
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- eXp Realty
Welcome to 283 Cole Road, a beautifully updated semi-detached home offering exceptional space, privacy, and a highly convenient Guelph location. Featuring 3 bedrooms on the upper level plus 2 additional bedrooms in the finished basement, along with 2 full bathrooms, this versatile home is ideal for growing families, multi-generational living, or those needing extra space for guests or a home office.The heart of the home is the stunning brand-new kitchen, completely renovated in 2025 with new cabinetry and countertops, complemented by new flooring installed throughout in 2022. Additional recent upgrades include a stylish shower renovation completed in 2023 and an energy-efficient heat pump installed in 2025, providing year-round heating and cooling.Step outside to a fully fenced backyard designed for entertaining and family gatherings. The expansive multi-tiered deck with a privacy screen overlooks a mature, tree-lined setting that creates a peaceful cottage-like atmosphere. Adding to the sense of privacy, the property borders a city-maintained water retention pond with no future development planned. Recently enhanced with fresh mulch and newly planted saplings, this natural space is set to become an even more beautiful backdrop in the years ahead.Situated on a generous lot, the home enjoys a central location with quick access to Highway 6, downtown Guelph, the city's vibrant south end, schools, parks, shopping, and everyday amenities. Offering vacant possession with no rental items to assume, this move-in-ready home combines thoughtful updates, outstanding outdoor living, and an unbeatable location.
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/mo
Includes CMHC insurance ($18,132)
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.
283 Cole Road, 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 $928/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Guelph's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.