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289 SPEEDVALE Avenue E, Guelph, ON N1E 1M8

3+1 beds · 2 baths · 1 kitchen · 7+4 rooms · 8 parking spaces · 1100-1500 sq ft · Detached
$729,900
Property tax
$6,665 / year

Welcome to 289 Speedvale Ave E, charming 3+1-bedroom bungalow offering a finished basement with in-law suite, separate entrance &incredible backyard oasis W/beautiful in-ground pool! Filled with potential, this home presents an exciting opportunity for someone to update the space to reflect their personal style & truly make it their own. Step inside to inviting living room W/hardwood floors, crown moulding & oversized window that fills the space with natural light. Kitchen offers ample counter space & large window above the double sink W/scenic views of the backyard. It flows into the dining area where sliding doors lead to back deck, creating a seamless indoor-outdoor connection that is perfect for everyday living & entertaining. Main floor features 3 bedrooms each W/hardwood floors & large windows, along with a 4pc bathroom featuring a shower/tub. Downstairs the finished basement offers excellent in-law potential with its own separate entrance. Spacious recreation area offers wood stove & multiple windows that bring in lots of natural light. A wet bar could easily be converted into a second kitchen while an add'l bedroom, bathroom & laundry area complete the lower level. With some adjustments this flexible setup could be an excellent opportunity for an investor or buyer looking to create an income suite to help offset the mortgage. New AC adds further peace of mind. Outside the triple-wide driveway provides parking for more than 7 cars. Huge 2-tiered deck overlooks expansive backyard & kidney-shaped in-ground pool surrounded by concrete patio. Mature trees create private setting while a shed offers lots of room for seasonal equip & pool accessories. Short stroll to nearby shopping centre offering groceries, LCBO, pharmacy, fitness & more. Edward Johnson PS, Holy Rosary Catholic School & Bullfrog Pond Park are just around the corner. Royal Recreation Trail & scenic Speed River are also nearby. Downtown is 5-min away W/restaurants, boutiques, nightlife & GO Station

MLS number
X13757014
Type
Detached
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
N1E 1M8
Photos
21
4days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Edward Johnson Public School
Upper Grand DSB
Elementary362 m8.9 / 10
89% met the standard
École élémentaire L'Odyssée
CS Viamonde
Elementary479 m8.6 / 10
86% met the standard
Holy Rosary Catholic School
Wellington CDSB
Elementary487 m6.3 / 10
63% met the standard
Resurrection Christian AcademyElementary610 mNot reported
Waverley Drive Public School
Upper Grand DSB
Elementary1.0 km7.2 / 10
72% met the standard
Trillium Waldorf SchoolElementary1.1 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Guelph1,741 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$727k$798k$868k20252026this home’s asking price
$822klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
98%99%100%20252026the asking price
98%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d13d26d20252026
16dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in guelph. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 653 people.

$66,500Median household income
70.7%Own their home
66.1%Detached houses
50.4Median age
12.1%Born outside Canada
20%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35230059 — the few blocks around this address, home to 653 people. It describes the area, not this property.

653Population
49.2Average age
2.1Household size
$77,500Average household income
$66,500Median household income
71%Own their home
29%Rent
0%Condominiums
12%Born outside Canada
20%University degree
$650,000Average home value
18%Low income
82%Not in the labour force
29%Never married
$10,000 to $14,9997%
$15,000 to $19,9993%
$20,000 to $24,9994%
$25,000 to $29,9993%
$30,000 to $34,9991%
$35,000 to $39,9993%
$40,000 to $44,9994%
$45,000 to $49,9993%
$50,000 to $59,9994%
$60,000 to $69,9997%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9997%
$100,000 and over21%
$100,000 to $124,9997%
$125,000 to $149,9996%
$150,000 to $199,9997%
$200,000 and over4%

Percentages are of the 355 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$145,980 · minimum here is $47,990
$3,231.84per month
Borrowed before insurance$583,920
Total borrowed$583,920
Interest over 25 years at 4.5%$385,632

If you rented it out

-$3,787.26per month out of pocket
Rent$0.00
Everything it costs to hold$3,787.26
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX Real Estate Centre Inc. Listing data provided by the Toronto Regional Real Estate Board.