602 College Avenue W, Guelph

$619,888
602 College Avenue W

$619,888

New
7d
Semi-Detached Backsplit 3

602 College Avenue W, Guelph

Total Monthly Obligation $3,227

Beds
4
Baths
2
Park
2
Sqft
700-1100
DOM
7d
Score
17
Yield
4.2%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Semi-Detached
MLS® Number-X14086694
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-33.72 × 120.95 ft
Listed on site-Oct 16, 2026
Style-Backsplit 3
Building Type-Semi-Detached
Taxes-$4,214 (2026)
Parking-2 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Keller Williams Home Group Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-shorter preferred but flexible
Neighbourhood-Dovercliffe Park/Old University
Title-Residential Freehold

No agent assigned

FANTASTIC INVESTMENT OR FIRST TIME BUYER OPPORTUNITY: 602 College Ave W is deceiving from the street, but this is a true 4-bedroom FREEHOLD (no fees!) semi- detached home offering plenty of flexibility. The location is unbeatable, as it's on a direct bus route to the UofG and provides easy access to the Hanlon Expressway. Inside, the functional layout has a galley kitchen (new fridge 2026) with driveway side separate entrance access (future income potential?) and a large, bright west facing living/ dining room space. Up a few steps to 2 bedrooms and a full bath. Down a few steps from the main level (notice the brand new carpeting!) and you find two more bedrooms with 4pc bath, along with a huge rec room and a utility room with laundry. Outside, the home has an un updated roof (2021), soffits, fascia, eavestroughs and gutter guards (2022), and a welcoming front deck (2020). There is also a brand new shed (2026) and parking for up to 3 cars. Extensive walking trails at Crane Park nearby, as well as Dovercliffe Park and convenience store just a short walk away. And, walkable to Stone Rd Mall! This home has everything you'd want at a great price. Don't miss it!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$495,910
Land Transfer Taxes$8,873
Legal Fees (Est.)
$
Total cash required for closing$134,351

Total Monthly Obligation

$3,227/mo
Mortgage $2,500
Monthly Loss $2,569
Principal$658
Interest$1,842
Property Tax$351
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.7%17
10-Year IRR
8.1%
Returns Index
9.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$26,160/yr
NOI
$14,830/yr
Net Cash Flow
-$1,265/mo
Cash Margin
-58.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 602 College Avenue W

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.