Re-listed 7 days ago

484 Speedvale Ave, Guelph, Ontario N1E 1P2

Other
-
2
~1007 sqft
$•••,•••
$850,000
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Other
-
2
~1007 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$844/sqft

Est. Mortgage$3,650/mo

Tax Amount (2024)$3,814/yr

Days On Market7 days

Total Days On Market41 days


Description

Don't miss this fantastic opportunity to own a legal duplex that offers incredible versatility and generates strong positive cash flow. Net income is over $4800 per month, situating this property at over 6.5% cap rate, making it an ideal addition to any investment portfolio! The main level boasts a spacious layout with 3 bedrooms and 1 full bathroom perfect for families or tenants. It also features a brand new washer and dryer unit for added convenience. The fully finished, legal basement has been newly renovated and offers incredible potential, featuring 2 spacious bedrooms and a versatile den that can easily be converted into a third bedroom or a home office, along with a full bathroom. It includes a brand new water tank, brand new appliances fridge, stove, washer, dryer, dishwasher, and microwave making it ideal for extended family, renters, or generating extra income. With a carport and 10 total parking spaces, this property is a rare gem. Conveniently located near schools, public transit, shopping, and parks, it's perfect for investors, multi-generational families, or anyone seeking flexibility and space in a thriving neighbourhood.


Property Details

StyleApartment
View-
Age of property-
SqFt~1007 SqFt
Lot Size5,900 SqFt(59 x 100)
Parking Spaces9
MLS ®NumberX12177438
Community NameWaverley
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Gas Forced Air Open
Cooling: Y

Features

Lot size: 5,900 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 9


Property History

May 28, 2025
Listed for
$850,000
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Re-listed
$•••,•••
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Re-listed - Price change
$•••,•••
7 days on market
history photo preview17
Listing by trreb®
Property listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD., Brokerage

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Market Data - Waverley

Geo Zone Map ThumbnailWaverley

Seller's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

23 days

Compared to

2024

21 days

2023

21 days

2022

9 days

New Listings

Past 30 days

21 listings

Compared to

2024

16 listings

2023

15 listings

2022

26 listings

Units sold

Past 30 days

14 units

Compared to

2024

12 units

2023

17 units

2022

14 units

Median Sold Price

Past 30 days

$797,500

Compared to

2024

$720,000

2023

$880,000

2022

$870,000


Population and Demographics

Overview

Total population 10857
Average household income $120,351

Age (%)

65 and plus
28%
50 to 64
20%
0 to 19
18%
35 to 49
18%
20 to 34
16%

Household composition (%)

Single family
61%
Single person
35%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
90%
Others
6%
Italian
2%
French
1%

House tenancy (%)

Owners
67%
Renters
33%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget