108 SUMMIT RIDGE Dr 410
Grange Hill East, Guelph, N1E 6X2
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Property Description
Introducing 108 Summit #410 a fantastic top-floor condo featuring 1 bedroom and 1 bathroom, ideal for first-time homeowners eager to step into the housing market or savvy investors aiming to boost their rental profits. As you step inside, youre greeted by sleek white cabinetry, stunning quartz countertops, and modern stainless-steel appliances. The entire space boasts durable, stylish hard-surface flooring. Both the bedroom and living area are generously sized, filled with sunlight streaming through expansive windows that lead out to a cozy balcony perfect for a small dining setup or comfy seating. Enjoy the convenience of an upgraded front-load washer and dryer, plus the bonus of a dedicated storage locker. The building offers an impressive lineup of perks, including a professional business lounge, a top-notch gym, a spacious party room, and ample visitor parking. Nestled near schools, shops, parks, and scenic trails, this location has it all. Reach out now to learn more!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2017-10-27 | 2017-12-06 | 40 | $320,900 | - | Terminated |
| 2023-08-14 | 2023-09-20 | 37 | $449,900 | $445,000 | Sold |
| 2023-06-13 | 2023-08-14 | 62 | $474,900 | - | Terminated |
| 2023-05-31 | 2023-06-13 | 13 | $515,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Condo Apt, Other
Approximate Sq.Ft.
600-699
Taxes
$2,591 (2024)
Basement
None
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Bathroom | Main | 8.66' x 4.82' | |
| Br | Main | 12.66' x 9.84' | |
| Kitchen | Main | 12.83' x 11.84' | |
| Living | Main | 13.32' x 12.93' |
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Guelph Market Statistics
Guelph Price Trend
108 SUMMIT RIDGE Dr 410 is a 1-bedroom 1-bathroom condo listed for sale at $429,900, which is $19,975 (4.4%) lower than the average sold price of $449,875 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Guelph declined by $47,291 (9.5%) compared to the previous 30 day period (December 22 - January 20) and down $64,125 (12.5%) from the same time one year ago.Inventory Change
There were 17 1-bedroom condos listed in Guelph over the last 30 days (January 21 - February 19), which is up 30.8% compared with the previous 30 day period (December 22 - January 20) and down 10.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Guelph typically sold ($10,812) (2.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,138 increase compared to the previous 30 day period (December 22 - January 20) and ($20,225) 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 1-bedroom condos in Guelph over the last 30 days (January 21 - February 19) stood at 47.1%, up from 46.2% over the previous 30 days (December 22 - January 20) and up from 21.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Guelph stood at 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with M1 Real Estate Brokerage Ltd
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