45 Waverley Drive, Guelph

Price: $760,000

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13445664

Rare Guelph Opportunity on Waverley Dr Near Riverside Park; This solid 4-bedroom, 2-bathroom bungalow is situated in one of the area's most sought-after neighbourhoods on a quiet, mature, tree-lined street steps from Riverside Park. Mid century home with lots of character and unmatched potential. Being offered as an estate sale, this home is ready for a visionary to restore its charm or create a modern showpiece. A separate dining room is bright and spacious, while the kitchen overlooks the backyard adjacent the sunroom. The property boasts an extra-large lot, providing plenty of room for a backyard oasis or with additional professional landscaping you'll enhance its impressive curb appeal. With two wood-burning fireplaces-one on the main level and another in the basement each offers a cozy focal point for future living areas. Whether you are an investor looking for your next project or a homeowner dreaming of customizing a home in this great neighbourhood, this property offers the "bones" and the location that are impossible to replicate. Bring your contractor and your imagination-opportunities to own a bungalow on a lot of this size in this area are few and far between.

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active
New Listing
1/39

$760,000 - 45 Waverley Drive, Guelph

Detached for Sale in Guelph

New — Listed 3 days ago
4Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13445664
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Guelph
Lot Size
9,429 sqft
Listing Brokerage
Royal LePage Royal City Realty
Description

Rare Guelph Opportunity on Waverley Dr Near Riverside Park; This solid 4-bedroom, 2-bathroom bungalow is situated in one of the area's most sought-after neighbourhoods on a quiet, mature, tree-lined street steps from Riverside Park. Mid century home with lots of character and unmatched potential. Being offered as an estate sale, this home is ready for a visionary to restore its charm or create a modern showpiece. A separate dining room is bright and spacious, while the kitchen overlooks the backyard adjacent the sunroom. The property boasts an extra-large lot, providing plenty of room for a backyard oasis or with additional professional landscaping you'll enhance its impressive curb appeal. With two wood-burning fireplaces-one on the main level and another in the basement each offers a cozy focal point for future living areas. Whether you are an investor looking for your next project or a homeowner dreaming of customizing a home in this great neighbourhood, this property offers the "bones" and the location that are impossible to replicate. Bring your contractor and your imagination-opportunities to own a bungalow on a lot of this size in this area are few and far between.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,899.19/mo

Includes CMHC insurance ($21,204)

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5-yr fixed avg.

Principal: $684,000Interest: $464,554
Mortgage Amount$705,204
Total Interest$464,554
Est. Property Tax$538/mo
Total Cost$1,169,758

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

45 Waverley Drive, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$538
Insurance (est.)-$158
Net Cash Flow+$2,504

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 $507/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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Guelph. Good resale value as demand remains consistent.

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 $3,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    45 Waverley Drive, Guelph | $760,000 | Battaglia Team