Prime Opportunity in Old University! Set on a premium 75' x 115' mature lot in one of Guelph's most prestigious neighbourhoods, this solid ranch bungalow offers an expansive main-level layout plus a fully finished basement. Set among character-filled ranch bungalows and upscale newer estates, this prime pocket offers a rare combination of neighbourhood prestige and guaranteed long-term asset growth. The heart of the home is an impressive kitchen addition (1994) streaming with natural light, featuring a seldom-found kitchen gas fireplace and dual porch walkouts-perfect for sunset cocktails and hosting BBQs. The main level boasts custom stained glass and three spacious bedrooms. The fully finished basement features a separate side entrance, making it an ideal multi-generational setup or premium student/campus rental, offering a 4th bedroom, full bathroom, second gas fireplace, and a kitchenette featuring a sink, fridge, and ample space for additional appliances. Outside, the tree-lined yard features a storage barn and a rare detached double-structure: one side is a hobby workshop, while the other features custom wood paneling-ready for a vehicle or your ultimate year-round indoor/outdoor entertainment lounge. A massive driveway anchors the property, easily accommodating parking for 6 vehicles! Unbeatable lifestyle location-walk to local shops or explore the Eramosa River Trail, U of G Arboretum, or the iconic Boathouse Tea Room right from your doorstep. Whether looking for a family home, a premier investment, or a future redevelopment lot, 92 Dean Avenue delivers unmatched value! Some photos have been digitally enhanced using AI technology to illustrate the potential of the property.
All existing main floor appliances (fridge, countertop stove, built-in oven, dishwasher), basement fridge, furnace, central air conditioner (in "as-is" condition), water softener, all electrical light fixtures, all window coverings and blinds, all wall-affixed shelving, and all bathroom mirrors.
