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Property Type: Detached HouseOwnership: Freehold
318 GUELPH Avenue
Cambridge, ON N3C4A5
MLS® 40871128
$949,900
4 bed3 full, 2 half bath6 parking2,791 sqft
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Lot size
- 0.53 acres
- Frontage
- 90 feet
R2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,271
Interior
- Basement
- Unfinished, Partial
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Third level | 14'9'' x 14'11'' |
| Primary Bedroom | Second level | 10'9'' x 10'4'' |
| Family room | Second level | 10'9'' x 10'4'' |
| Bedroom | Second level | 7'4'' x 9'11'' |
| Bedroom | Second level | 13'5'' x 11'6'' |
| 4pc Bathroom | Second level | 9'9'' x 7'0'' |
| 2pc Bathroom | Second level | 16'0'' x 7'3'' |
| Pantry | Main level | 7'7'' x 7'10'' |
| Office | Main level | 12'1'' x 10'5'' |
| Living room | Main level | 21'6'' x 17'10'' |
| Laundry room | Main level | 16'6'' x 7'8'' |
| Kitchen | Main level | 14'7'' x 15'1'' |
| Dining room | Main level | 14'4'' x 15'3'' |
Description
Welcome home to 318 Guelph Avenue, acknowledged as a former home of Jacob Hespeler, making it truly a one-of-a-kind property where history, character, and everyday family living come together on a rare 0.53-acre fully serviced lot. With origins dating back to the 1840s, this remarkable home stands as a meaningful piece of Cambridge history, once part of an early farmstead and connected to the roots of the former village community. Set proudly among mature trees, established gardens, and a deep private yard, the property offers a sense of space and presence that is incredibly hard to find today. Inside, the home blends timeless charm with modern comfort, featuring generous principal rooms, warm character details, a spacious kitchen, formal dining area, inviting living room, main-floor office, convenient main-floor laundry, pantry, 4 bedrooms, 3 bathrooms, a second-floor family room, and a charming third-floor loft that can be used as a bedroom which offers even more flexible living space. From morning coffee on the covered front porch to quiet evenings tucked into one of the home’s many inviting spaces, this is a property that feels both impressive and welcoming. Whether you need room to work from home, host family gatherings, create a quiet reading retreat, or simply enjoy the feel of a home with a story, this property delivers something special at every turn. The private saltwater pool adds a rare summer lifestyle feature, perfect for relaxing, entertaining, and making memories right at home. Outside, the large lot provides beautiful green space, privacy, mature landscaping, and plenty of room to enjoy the changing seasons, while the long driveway offers parking for multiple vehicles. Located in an established Hespeler neighbourhood close to parks, schools, shopping, public transit, and 401 access, 318 Guelph Avenue is a rare opportunity to own a piece of local history with the space, warmth, and character to create lasting memories for years to come. (id:63159)
Listing Information
- MLS®
- 40871128
- Data last synced
- October 17, 2026
Peak Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Peak Realty Ltd.
MLS® Number: 40871128
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$340/sqft
Building average
—
No other active listings in this building
44 - Blackbridge/Fisher Mills/Glenchristie/Hagey/Silver Heights average
$388/sqft
14 active listing(s)
Parking: 6 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
139,163
(2021 Census)
+6.6% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 7.4% ($69,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$759,920.00
Periodic payment — Principal & Interest (monthly)$4,902.75
Additional monthly expenses (condo fees, tax, utilities, etc.)$662.58
Total monthly cost$5,565.33
Interest paid over 5-yr term$217,795.26
Balance at end of term$683,550.50
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$69,990
Stress test qualifying rate8.19%
Payment you must qualify for$6,822.59
Cash Needed at Closing
Minimum down payment$69,990
Estimated Land Transfer Tax (LTT)$15,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$86,963
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
