108 Summit Ridge Dr 205

FOR SALE
$509,900
108 Summit Ridge Dr 205, Guelph
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
108 Summit Ridge Dr 205
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KITCHENS
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ROOMS
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Property Description
Modern elegance awaits, welcome to 205-108 Summit Ridge Dr. Step into this beautifully renovated 2-bedroom condo, where every detail has been thoughtfully curated for contemporary living. The proper foyer entrance sets the tone, leading to a stunning open-concept living space with a custom-designed kitchen. Featuring a sleek new island, stylish backsplash, and top-of-the-line appliances, the kitchen is a true showstopper. Upgraded electrical work ensures perfect lighting, with over-island fixtures adding ambiance and functionality. Relax and entertain on your private outdoor patio, complete with a lush green wall, an idyllic setting for summer nights. Inside, the cozy primary bedroom offers a peaceful retreat, enhanced with added closet organizers to maximize storage and maintain functionality. The bathroom showcases a chic design with a newly tiled walls and bold black accents in the shower, perfectly complementing the sophisticated black accents found throughout the entire unit. This home is a rare gem, combining contemporary elegance, outdoor charm, and everyday practicality. Don't miss your opportunity to experience it- book your private showing today!
Extras
The condo fees include roof, windows, private garbage removal, property management fees, snow removal, ground maintenance/landscaping and more!
Property Features
Grnbelt/Conserv, Library, Park, Place Of Worship, Public Transit, School
Property Details
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,820 (2024)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (surface)
Parking 2
None
Garage Type
None
Guelph Market Statistics
Guelph Price Trend
108 Summit Ridge Dr 205 is a 2-bedroom 1-bathroom condo listed for sale at $509,900, which is $77,661 (13.2%) lower than the average sold price of $587,561 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 2 bedroom condo in Guelph increased by $40,506 (7.4%) compared to the previous 30 day period (October 12 - November 10) and up $59,814 (11.3%) from the same time one year ago.
Inventory Change
There were 57 2-bedroom condos listed in Guelph over the last 30 days (November 11 - December 10), which is up 256.2% compared with the previous 30 day period (October 12 - November 10) and up 307.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Guelph typically sold ($20,244) (3.4%) below asking price over the last 30 days (November 11 - December 10), which represents a $13,667 decrease compared to the previous 30 day period (October 12 - November 10) and ($22,202) 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 2-bedroom condos in Guelph over the last 30 days (November 11 - December 10) stood at 28.1%, down from 56.2% over the previous 30 days (October 12 - November 10) and down from 28.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Guelph stood at 34 days when successfully sold over the last 30 days (November 11 - December 10), compared to 72 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Royal City Realty
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