61 Bellevue Street, Guelph

Price: $1,250,000

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13024014

Endless Potential on a Rare 303 ft deep lot in Old University. Welcome to 61 Bellevue Street! An exceptional opportunity in one of Guelph's most established neighbourhoods. Inside, you'll find a well-maintained home full of character and updates that has been enjoyed by the same family for over 20 years! Featuring bright principal rooms, hardwood flooring, and plenty of natural light. The functional layout includes a cozy living area, updated kitchen, and 4 generously sized bedrooms. Whether you are looking to move in as-is, renovate, or add on, the possibilities here are endless. The true standout is the park-like backyard. The deep and wide lot offering unparalleled outdoor space, perfect for gardening, a pool, or even a future addition or ADU. Mature trees and ample green space create a private escape right in the city. Enjoy the oversized single car attached garage + bonus detached double garage at the back of the property- perfect for hobbyists and car enthusiasts. Located just minutes to downtown Guelph, U of G, parks, schools, transit, and amenities, this is a unique chance to own a home on one of the larger residential lots in the area. Properties like this don't come up often! Contact today for more info

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$1,250,000 - 61 Bellevue Street, Guelph

Detached for Sale in Guelph

59 days on market
4Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13024014
Property Type
Detached
Status
active
Days on Site
59
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Guelph
Listing Brokerage
Coldwell Banker Neumann Real Estate
Description

Endless Potential on a Rare 303 ft deep lot in Old University. Welcome to 61 Bellevue Street! An exceptional opportunity in one of Guelph's most established neighbourhoods. Inside, you'll find a well-maintained home full of character and updates that has been enjoyed by the same family for over 20 years! Featuring bright principal rooms, hardwood flooring, and plenty of natural light. The functional layout includes a cozy living area, updated kitchen, and 4 generously sized bedrooms. Whether you are looking to move in as-is, renovate, or add on, the possibilities here are endless. The true standout is the park-like backyard. The deep and wide lot offering unparalleled outdoor space, perfect for gardening, a pool, or even a future addition or ADU. Mature trees and ample green space create a private escape right in the city. Enjoy the oversized single car attached garage + bonus detached double garage at the back of the property- perfect for hobbyists and car enthusiasts. Located just minutes to downtown Guelph, U of G, parks, schools, transit, and amenities, this is a unique chance to own a home on one of the larger residential lots in the area. Properties like this don't come up often! Contact today for more info

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,529.17/mo

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5-yr fixed avg.

Principal: $1,000,000Interest: $658,751
Mortgage Amount$1,000,000
Total Interest$658,751
Est. Property Tax$885/mo
Total Cost$1,658,751

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

61 Bellevue Street, 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)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$2,055

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

Fair Market Value

At $833/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 59 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.

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 $5,208 (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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    61 Bellevue Street, Guelph | $1,250,000 | Battaglia Team