$719,000 - 52 Speedvale Avenue, Guelph
Detached for Sale in Guelph
88 days on market- MLS Number
- X12908026
- Property Type
- Detached
- Status
- active
- Days on Site
- 88
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- ICI SOURCE REAL ASSET SERVICES INC.
This beautifully updated detached bungalow has been completely renovated from top to bottom, offering the feel of a brand-new home. With everything newly finished, you can move in with confidence and focus on making it your own. The stunning new kitchen features abundant counter space and storage, highlighted by granite countertops, soft-close cabinetry, and brand-new high-end stainless steel appliances. The fully renovated bathroom is equally impressive, showcasing a large stone-top vanity with double sinks and a sleek glass-enclosed shower. Throughout the home, you'll find all-new doors, trim, flooring, and fresh paint-creating a cohesive, modern finish that truly feels like new construction. The large basement is clean, dry, and highly versatile, complete with a 3-piece bathroom and ideal for storage, a playroom, or a recreation space. Set on an impressive 65-foot-wide lot, the oversized, fully fenced yard offers exceptional space and privacy-perfect for kids, pets, and outdoor entertaining. A heated backyard bunkie with a sleeping loft adds incredible flexibility and can be used as a guest suite, private office, man cave, or yoga studio. Centrally located and just minutes from Riverside Park and Exhibition Park, this home is steps to transit and conveniently close to shopping, dining, and everyday amenities.*For Additional Property Details Click The Brochure Icon Below*
Estimate your monthly payments for this property
Estimated Payment
$3,688.84/mo
Includes CMHC insurance ($20,060)
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.
52 Speedvale Avenue, Guelph
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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 $1027/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 88 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.