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Investment signal

$1,025,000

33 COLLEGE Avenue W

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Beds

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Baths

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Sqft

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Year

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Type

Vacant Land

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Guelph. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Prime development Land opportunity, located directly across University of Guelph and Animal Hospital. This vacant lot offers the potential to build a semi-detached dwelling, with each side accommodating up to three units, making it an excellent option for investors seeking strong rental income, particularly for student accommodations. Located in one of Guelph's most established and desirable neighbourhoods, just minutes from downtown, the property is surrounded by mature trees and well-maintained homes, offering both character and convenience. Close to parks, schools, shopping, transit, and the University of Guelph, the location appeals to both families and investors. Services are available at the lot line. A versatile property with significant potential in a high-demand area. (id:65958)

Subtype: Vacant Land
Community: 6 - Dovercliffe Park/Old University
Common interest: Freehold
On market: Apr 8, 2026
Status changed: Apr 22, 2026
Annual tax: $3,187
Zoning: R1B
Photos: 21
MLS#: 40818421
Area: GUELPH

Features and systems

Basement

None

Utilities

Natural GasCableTelephone

Negative cash flow ~$1,117/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.54%

Cap rate

3.56%

GRM

16.7

Break-even rent

$6,301

Financing

Down payment$205,000

Loan amount$820,000

Mortgage$4,155/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$470

Insurance$80

Maintenance$854

CapEx reserve$427

Vacancy loss$256

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,155/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.