1 Colonial Dr
Pine Ridge, Guelph, N1L 1T7
FOR SALE
$1,099,900
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Property Description
Welcome to 1 Colonial Drive! This absolutely stunning home, located in Guelphs desirable south end, features a two-bedroom basement apartment, making it perfect for families or as a mortgage helper. Surrounded by scenic parks, serene walking trails, and highly rated public and Catholic schools, this property offers the ideal combination of comfort and convenience. The main floor boasts a spacious layout with a separate dining area, a cozy living area with a gas fireplace, a bright kitchen with a breakfast area , and a convenient guest washroom. Upstairs, youll find four generously sized bedrooms and a bonus spacious family room, including a luxurious primary suite with a 5-piece ensuite, two full bathrooms. Laundry is located in mudroom which is easily accessible from the basement and the main floor( separate rough in available available in basement), The fully finished basement features a bright, open-concept two-bedroom apartment with a full kitchen and bathroom, perfect for extended family or rental income. The fully fenced backyard is beautifully landscaped, offering a private outdoor space for relaxation or entertaining. Situated in a top-rated school district and close to all major amenities, this home truly has it all. Show with confidencethis is the perfect family home!
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Nearby Intersections
Gordon & Arkell (40)
Property Features
Park, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
53' x 109'
Fronting
East
Taxes
$7,400 (2023)
Basement
Finished
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Guelph Market Statistics
Guelph Price Trend
1 Colonial Dr is a 4-bedroom 3-bathroom home listed for sale at $1,099,900, which is $212,188 (23.9%) higher than the average sold price of $887,712 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 4 bedroom home in Guelph declined by $242,480 (21.5%) compared to the previous 30 day period (September 27 - October 26) and down $145,738 (14.1%) from the same time one year ago.Inventory Change
There were 13 4-bedroom homes listed in Guelph over the last 30 days (October 27 - November 25), which is down 38.1% compared with the previous 30 day period (September 27 - October 26) and up 30.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Guelph typically sold ($8,999) (1.0%) below asking price over the last 30 days (October 27 - November 25), which represents a $1,623 increase compared to the previous 30 day period (September 27 - October 26) and ($45,519) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Guelph over the last 30 days (October 27 - November 25) stood at 123.1%, up from 61.9% over the previous 30 days (September 27 - October 26) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Guelph stood at 33 days when successfully sold over the last 30 days (October 27 - November 25), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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