Prime serviced residential lot located in Guelph's highly desirable St. Patrick's Ward, offering exceptional potential for builders, developers, investors, or those looking to create a custom home. This unique property presents the opportunity to either create two residential lots, build a substantial custom home on an oversized double lot, or explore the development of multi-unit income properties (all subject to municipal approvals).The existing home may be partially demolished, and potential development credits may be available. HST is included in the purchase price. Ideally situated just minutes from downtown Guelph, parks, schools, public transit, and everyday amenities, this is a rare opportunity to secure a property with outstanding flexibility in one of the city's fastest-growing neighborhoods. Buyers are encouraged to complete their own due diligence regarding zoning, severance, permits, development charges, and all future development potential.
works out to roughly $413 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 39 Menzie Ave
Every detail from the listing, in one place.
Type
Land
Style
Other
Living space
< 700 sq ftas stated on the listing
Features & systems
Parking & garage
Parking spaces
0
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Other
Property class
Vacant Land
39 Menzie Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$1,420
/mo
based on the purchase price of $289,000
$57,800 cash
$231,200 financed
$194,731 total interest
Principal54%$231,200
Interest46%$194,731
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.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings653Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 631 sales from Jul 25 – Oct 23, 2026 (442 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
39 Menzie Ave is listed at $289,000 (MLS® X14094218). Summitly updates the price as soon as the MLS® record changes.
Is $289,000 a good price for 39 Menzie 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 39 Menzie Ave changed?
No — 39 Menzie Ave is still listed at its original asking price of $289,000.
How many bedrooms and bathrooms does 39 Menzie Ave have?
39 Menzie Ave has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Guelph.
Is 39 Menzie Ave close to transit?
The nearest rapid-transit station is Guelph Central GO Station (Kitchener GO), about 1.9 km (about a 24-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 39 Menzie Ave?
About $1,420 a month — principal and interest on $289,000 with 20% down ($57,800), 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.
How does 39 Menzie Ave compare with other homes in Guelph?
Its asking price of $289,000 is about 61% below the median sold price in Guelph over the last 90 days, $741,000, across 631 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 39 Menzie Ave been sold before?
Yes — Summitly has 2 earlier MLS® listings of 39 Menzie Ave on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 39 Menzie Ave?
39 Menzie Ave is in Guelph, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 39 Menzie Ave been on the market?
7 days — 39 Menzie Ave was listed on October 16, 2026.
What is the price per square foot of 39 Menzie Ave?
About $413 per square foot: the asking price of $289,000 over the 700 sq ft the listing gives.