Custom 5+1 bdrm, 5.1 bath home W/2-bdrm in-law suite backing onto tree-lined park in one of the city's most convenient locations! Renovated W/major addition completed in 2018 this one-of-a-kind home blends high-end design, functionality, eco-conscious efficiency & flexibility for families, multi-generational living or professional use. Nestled between Downtown, UofG & Innovation District, it offers a park-like setting without sacrificing walkable access. Open-concept living offers 10ft ceilings, heated concrete floors, wood details from original home, oversized European tilt-&-turn windows & clear sightlines to the park. Kitchen W/custom cabinetry, quartz counters, brick backsplash from original home, P/O butcher block, premium appliances & breakfast bar W/seating for 8+. Kitchen flows into dining & living areas while large 12ft sliding doors open to backyard. 2pc bath & walk-in closet complete the level. Upstairs primary bdrm with walk-in closet & sep dressing room W/custom B/Is & makeup counter. Dbl French tilt-&-turn door opens to covered balcony overlooking backyard & mature trees. Ensuite W/dual-sink vanity, walk-in shower, water closet & programmable heated towel rack. 2nd primary bdrm has its own 3pc bath & balcony access. Space can be converted into 2 bdrms if desired! 2 add'l bdrms, 4pc bath & 2nd-floor laundry complete upper level. Original portion of the home has been converted into 2-level, 2-bdrm, 2-bath suite W/sep front ent. Main level W/living room, wet bar, bdrm & 4pc bath. Lower level has rec room, add'l bdrm, 3pc bath &laundry. Set on 62ft lot & backs onto secluded park W/mature trees, new playground & no car access. 2-tier Siberian Larch patio W/covered area & 4 quick-release natural gas hookups plus 5th on upper balcony. Landscaping is low-maintenance & tucked away is fully fenced red brick courtyard. Heated 1.5-car garage W/9ft ceilings & workshop. 15-min walk to Downtown's restaurants, cafés, nightlife, shops, trails, GO Station & 5-min drive to UofG
5 bedrooms, 5 bathrooms, about 3,500 sq ft, works out to roughly $457 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 38 Wheeler Ave
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Finished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
38 Wheeler Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14087676$1,599,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 38 Wheeler Ave Compares to the Guelph Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,860
/mo
based on the purchase price of $1,599,900
$319,980 cash
$1,279,920 financed
$1,078,029 total interest
Principal54%$1,279,920
Interest46%$1,078,029
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Guelph
Other 4–5 bed homes for sale in Guelph around $1.6M.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings661Homes for sale here right now.
Median vs prior 90 days+2.3%Compared with Apr 20 – Jul 19, 2026: prices up.
Based on 644 sales from Jul 19 – Oct 17, 2026 (445 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
38 Wheeler Ave is listed at $1,599,900 (MLS® X14087676). Summitly updates the price as soon as the MLS® record changes.
Is $1,599,900 a good price for 38 Wheeler Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Guelph. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 38 Wheeler Ave changed?
No — 38 Wheeler Ave is still listed at its original asking price of $1,599,900.
How many bedrooms and bathrooms does 38 Wheeler Ave have?
38 Wheeler Ave has 5 bedrooms and 5 bathrooms, with about 3,500–5,000 square feet of living space. It is a detached home in Guelph.
Is 38 Wheeler Ave close to transit?
The nearest rapid-transit station is Guelph Central GO Station (Kitchener GO), about 1.3 km (about a 16-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 38 Wheeler Ave?
About $7,860 a month — principal and interest on $1,599,900 with 20% down ($319,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Are there open houses at 38 Wheeler Ave?
Yes — Sunday, October 18, 12:30 PM – 2:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 38 Wheeler Ave compare with other homes in Guelph?
Its asking price of $1,599,900 is about 115% above the median sold price in Guelph over the last 90 days, $745,000, across 644 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 38 Wheeler Ave been sold before?
Summitly has no earlier MLS® sale or lease of 38 Wheeler Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 38 Wheeler Ave?
38 Wheeler Ave is in Guelph, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 38 Wheeler Ave been on the market?
1 day — 38 Wheeler Ave was listed on October 16, 2026.
What is the price per square foot of 38 Wheeler Ave?
About $320 to $457 per square foot: the asking price of $1,599,900 over the 3,500–5,000 sq ft the listing gives as its size range.