$799,900 - 572 Woolwich Street, Guelph
Detached for Sale in Guelph
112 days on market- MLS Number
- X12787926
- Property Type
- Detached
- Status
- active
- Days on Site
- 112
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- RE/MAX Real Estate Centre Inc
You've been looking for a property that adapts to your life, not the other way around. This is it! 60 X 160 lot W/detached 2-car garage & ample parking in heart of Guelph, this century home immediately stands out. What sets the home apart is detached 2-car shop W/pit! Dream setup for car enthusiasts, contractors or anyone needing serious workspace. Combined W/ample on-site parking & effortless turnaround you'll never worry about backing onto Woolwich or squeezing in work trucks or client cars. Add in prime downtown exposure & visibility, this becomes an exceptional opportunity for at-home business. Front LR can be converted into office or space for massage therapy, physiotherapy or similar professions. For investors the upside is just as compelling! Existing floor plan allows LR & DR to be easily reconfigured into add'l bdrms creating 4 or 5-bdrms! See attach for income pro forma for 5-bdrm rental. Lot size & layout support ADU & home sits on bus route to UofG W/walkability to downtown, major draw for tenants. Red-brick exterior & front porch deliver timeless character. Inside home blends original details W/thoughtful updates. LR W/hardwood, high baseboards, fireplace & picture windows. It flows into DR creating perfect setting for family meals & entertaining. Renovated kitchen W/timeless cabinetry, quartz counters, backsplash, B/I appliances, breakfast bar & dining nook. Sun-room at rear is ideal as reading nook, office or studio. Solid wood stairs lead up to 3 bdrms W/hardwood & large windows. Updated bathroom W/glass tub-shower, vanity & backsplash. Backyard offers expansive lot for kids, pets, entertaining & relaxing. Walk to downtown shops, restaurants & nightlife. Steps from Royal Rec Trail, Exhibition & Riverside Park. This isn't just a home, it's a place where you can live, work, invest & grow! Property gives you options today & powerful upside tomorrow. Downtown homes rarely offer this level of space, parking, versatility & income potential, this one does!
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
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.
572 Woolwich Street, 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
Competitive Pricing
At $533/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 112 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.
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 $3,333 (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.