38 Wheeler Avenue, Guelph

Price: $1,799,900

6 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: X13119192

Custom 5+1 bdrm, 5.1 bath home W/2-bdrm in-law suite backing onto tree-lined park in one of the city's most convenient locations! Renovated W/major addition completed in 2018 this one-of-a-kind home blends high-end design, functionality, eco-conscious efficiency & flexibility for families, multi-generational living or professional use. Nestled between Downtown, UofG & Innovation District, it offers a park-like setting without sacrificing walkable access. Open-concept living offers 10ft ceilings, heated concrete floors, wood details from original home, oversized European tilt-&-turn windows & clear sightlines to the park. Kitchen W/custom cabinetry, quartz counters, brick backsplash from original home, P/O butcher block, premium appliances & breakfast bar W/seating for 8+. Kitchen flows into dining & living areas while large 12ft sliding doors open to backyard. 2pc bath & W/I closet complete the level. Upstairs primary bdrm with W/I closet & sep dressing room W/custom B/Is & makeup counter. Dbl French tilt-&-turn door opens to covered balcony overlooking backyard & mature trees. Ensuite W/dual-sink vanity, W/I shower, water closet & programmable heated towel rack. 2nd primary bdrm has its own 3pc bath & balcony access. Space can be converted into 2 bdrms if desired! 2 add'l bdrms, 4pc bath & 2nd-floor laundry complete upper level. Original portion of the home has been converted into 2-level, 2-bdrm, 2-bath suite W/sep front ent. Main level W/living room, wet bar, bdrm & 4pc bath. Lower level has rec room, add'l bdrm, 3pc bath &laundry. Set on 62ft lot & backs onto secluded park W/mature trees, new playground & no car access. 2-tier Siberian Larch patio W/covered area & 4 quick-release natural gas hookups plus 5th on upper balcony. Landscaping is low-maintenance & tucked away is fully fenced red brick courtyard. Heated 1.5-car garage W/9ft ceilings & workshop. 15-min walk to Downtown's restaurants, cafés, nightlife, shops, trails, GO Station & 5-min drive to UofG

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$1,799,900 - 38 Wheeler Avenue, Guelph

Detached for Sale in Guelph

32 days on market
6Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
X13119192
Property Type
Detached
Status
active
Days on Site
32
Bedrooms
6
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Guelph
Listing Brokerage
RE/MAX Real Estate Centre Inc
Description

Custom 5+1 bdrm, 5.1 bath home W/2-bdrm in-law suite backing onto tree-lined park in one of the city's most convenient locations! Renovated W/major addition completed in 2018 this one-of-a-kind home blends high-end design, functionality, eco-conscious efficiency & flexibility for families, multi-generational living or professional use. Nestled between Downtown, UofG & Innovation District, it offers a park-like setting without sacrificing walkable access. Open-concept living offers 10ft ceilings, heated concrete floors, wood details from original home, oversized European tilt-&-turn windows & clear sightlines to the park. Kitchen W/custom cabinetry, quartz counters, brick backsplash from original home, P/O butcher block, premium appliances & breakfast bar W/seating for 8+. Kitchen flows into dining & living areas while large 12ft sliding doors open to backyard. 2pc bath & W/I closet complete the level. Upstairs primary bdrm with W/I closet & sep dressing room W/custom B/Is & makeup counter. Dbl French tilt-&-turn door opens to covered balcony overlooking backyard & mature trees. Ensuite W/dual-sink vanity, W/I shower, water closet & programmable heated towel rack. 2nd primary bdrm has its own 3pc bath & balcony access. Space can be converted into 2 bdrms if desired! 2 add'l bdrms, 4pc bath & 2nd-floor laundry complete upper level. Original portion of the home has been converted into 2-level, 2-bdrm, 2-bath suite W/sep front ent. Main level W/living room, wet bar, bdrm & 4pc bath. Lower level has rec room, add'l bdrm, 3pc bath &laundry. Set on 62ft lot & backs onto secluded park W/mature trees, new playground & no car access. 2-tier Siberian Larch patio W/covered area & 4 quick-release natural gas hookups plus 5th on upper balcony. Landscaping is low-maintenance & tucked away is fully fenced red brick courtyard. Heated 1.5-car garage W/9ft ceilings & workshop. 15-min walk to Downtown's restaurants, cafés, nightlife, shops, trails, GO Station & 5-min drive to UofG

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,961.56/mo

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5-yr fixed avg.

Principal: $1,439,920Interest: $948,549
Mortgage Amount$1,439,920
Total Interest$948,549
Est. Property Tax$1,275/mo
Total Cost$2,388,469

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.

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Neighbourhood Guide: Guelph

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

38 Wheeler Avenue, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$1,275
Insurance (est.)-$375
Net Cash Flow+$3,200

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $514/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 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.

Bathroom Count Matters

With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    38 Wheeler Avenue, Guelph — $1,799,900 | Battaglia Team