55 Dovercliffe Road, Guelph

Price: $579,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: X13079964

Welcome to this well-maintained 3-bedroom, 1.5-bathroom condo townhouse in the heart of Guelph, a fantastic opportunity for first-time buyers, downsizers, or investors seeking comfort, convenience, and community living. This home offers a functional and inviting layout with a bright main floor, perfect for both everyday living and entertaining. The kitchen is thoughtfully designed with ample cabinetry and workspace, flowing seamlessly into the dining and living areas. Upstairs, you'll find three generously sized bedrooms with great closet space, along with a refreshed full bathroom that adds a modern touch. The finished lower level provides valuable additional living space, ideal for a rec room, home office, gym, or even a guest area, offering flexibility to suit your lifestyle needs. Step outside to a private, low-maintenance backyard featuring a cozy deck area with the view of the pool and mature greenery, perfect for relaxing without the burden of extensive upkeep. One of the standout features of this community is the shared in-ground pool, open from June to September, just in time to enjoy the summer months. Low condo fees help simplify daily living by covering essentials such as water, lawn care, and exterior maintenance, giving you more time to enjoy the amenities. Location is key, and this home delivers. With quick access to the Hanlon Parkway, commuting is a breeze. You're also just minutes from Stone Road Mall, grocery stores, parks, and the University of Guelph, making this an ideal spot for students, professionals, and families alike. Offering a great balance of space, location, and lifestyle amenities, this condo townhouse is a place you'll be proud to call home.

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$579,900 - 55 Dovercliffe Road, Guelph

Condo for Sale in Guelph

46 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
X13079964
Property Type
Condo
Status
active
Days on Site
46
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Guelph
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
EXP REALTY
Description

Welcome to this well-maintained 3-bedroom, 1.5-bathroom condo townhouse in the heart of Guelph, a fantastic opportunity for first-time buyers, downsizers, or investors seeking comfort, convenience, and community living. This home offers a functional and inviting layout with a bright main floor, perfect for both everyday living and entertaining. The kitchen is thoughtfully designed with ample cabinetry and workspace, flowing seamlessly into the dining and living areas. Upstairs, you'll find three generously sized bedrooms with great closet space, along with a refreshed full bathroom that adds a modern touch. The finished lower level provides valuable additional living space, ideal for a rec room, home office, gym, or even a guest area, offering flexibility to suit your lifestyle needs. Step outside to a private, low-maintenance backyard featuring a cozy deck area with the view of the pool and mature greenery, perfect for relaxing without the burden of extensive upkeep. One of the standout features of this community is the shared in-ground pool, open from June to September, just in time to enjoy the summer months. Low condo fees help simplify daily living by covering essentials such as water, lawn care, and exterior maintenance, giving you more time to enjoy the amenities. Location is key, and this home delivers. With quick access to the Hanlon Parkway, commuting is a breeze. You're also just minutes from Stone Road Mall, grocery stores, parks, and the University of Guelph, making this an ideal spot for students, professionals, and families alike. Offering a great balance of space, location, and lifestyle amenities, this condo townhouse is a place you'll be proud to call home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,975.19/mo

Includes CMHC insurance ($16,179)

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5-yr fixed avg.

Principal: $521,910Interest: $354,467
Mortgage Amount$538,089
Total Interest$354,467
Est. Property Tax$411/mo
Total Cost$892,556

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

55 Dovercliffe Road, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$411
Insurance (est.)-$121
Net Cash Flow+$1,608

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 $483/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.

Negotiation Opportunity

At 46 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 $2,416 (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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    55 Dovercliffe Road, Guelph | $579,900 | Battaglia Team