$1,249,000 - 8 Harcourt Drive, Guelph
Detached for Sale in Guelph
38 days on market- MLS Number
- X13111234
- Property Type
- Detached
- Status
- active
- Days on Site
- 38
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- RE/MAX Real Estate Centre Inc
Prime 75' lot in one of Guelph's most sought-after university pockets, steps to campus and set among mature, established homes on a high-value street. Surrounded by expansive 1950s ranch bungalows and larger split-level properties, with selective high-end redevelopment emerging, this is a location where long-term value is firmly anchored. Set on a beautifully treed lot with a recently installed $25,000 custom wood fence, the property offers both privacy and presence. This solid, impeccably-maintained ranch bungalow offers more than 2400 sq ft of living space, with a flexible 6-bedroom configuration (3+3 with registered accessory apartment). The main level features hardwood flooring throughout, a bright living room with gas fireplace, formal dining area, and a kitchen with walkout to deck. The lower level is a registered 3-bedroom apartment with both 2-piece and 3-piece baths, spacious kitchen, living room, and laundry room - a rare and highly rentable layout. Fully configured and furnished, allowing for immediate occupancy or seamless income continuity. Attached garage and updated mechanicals add to the overall functionality, minimal maintenance and capital spending. This property offers multiple strategic paths: premium lot for future redevelopment, multigenerational living with income support, turnkey rental, or parental investment with built-in housing solution. Strong rental potential in a premium location.
Estimate your monthly payments for this property
Estimated Payment
$5,524.75/mo
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.
8 Harcourt Drive, Guelph
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Rental income estimator & ROI calculator
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 $1135/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.
Market Position
At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Guelph.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $5,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.