Welcome to 87 University Avenue West, a beautifully reimagined 2.5-storey home in one of Guelph's most sought-after neighbourhoods. Extensively renovated, this property seamlessly blends timeless character with modern design and high-quality upgrades throughout. Offering 3 bedrooms and 4 bathrooms, this home delivers exceptional space and functionality for families and professionals alike. Thoughtfully updated, including a new 200 amp electrical service (2025) and electrical panel, copper wiring, heat pump/AC (2025) and smart switches throughout, adding modern convenience and control. The interior showcases a complete transformation, featuring a bright, well-designed layout with engineered hardwood flooring throughout and a stunning custom Bamco kitchen that anchors the home with both style and functionality. Thoughtful finishes and updated fixtures create a cohesive and contemporary feel. The additional half-storey adds versatility-perfect for a 4th bedroom, home office, or bonus living space. Outside, the property offers a pool-sized yard with excellent potential for an ADUs (accessory dwelling unit(s)), adding flexibility for future use. Just steps from the University of Guelph and close to Stone Road Mall, along with shopping, parks, transit, and walking distance to Downtown. Location, location, location!
3 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $950 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 87 University Ave W
Every detail from the listing, in one place.
Type
Detached
Style
2 1/2 Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
3 spaces
Basement
Full, Unfinished
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Full · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Detached
87 University Ave W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13548654$1,899,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 87 University Ave W 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
$9,334
/mo
based on the purchase price of $1,899,900
$379,980 cash
$1,519,920 financed
$1,280,172 total interest
Principal54%$1,519,920
Interest46%$1,280,172
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.
For homeowners nearby
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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 2–6 bed homes for sale in Guelph around $1.9M.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings654Homes 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.
87 University Ave W is listed at $1,899,900 (MLS® X13548654). Summitly updates the price as soon as the MLS® record changes.
Is $1,899,900 a good price for 87 University Ave W?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 87 University Ave W changed?
No — 87 University Ave W is still listed at its original asking price of $1,899,900.
How many bedrooms and bathrooms does 87 University Ave W have?
87 University Ave W has 3 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Guelph.
Is 87 University Ave W 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 87 University Ave W?
About $9,334 a month — principal and interest on $1,899,900 with 20% down ($379,980), 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.
How does 87 University Ave W compare with other homes in Guelph?
Its asking price of $1,899,900 is about 156% above 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 87 University Ave W been sold before?
Summitly has no earlier MLS® sale or lease of 87 University Ave W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 87 University Ave W?
87 University Ave W is in Guelph, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 87 University Ave W been on the market?
105 days — 87 University Ave W was listed on July 10, 2026.
What is the price per square foot of 87 University Ave W?
About $760 to $950 per square foot: the asking price of $1,899,900 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 87 University Ave W have parking or a garage?
