113 Elizabeth St

Two Rivers, Guelph, N1E 2X4
FOR SALE
$649,900
113 Elizabeth St, Guelph
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
113 Elizabeth St
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4 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 4
ROOMS
X11934150
MLSID
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Property Description
113 Elizabeth Street is a fantastic 6-bedroom bungalow with a separate-entry lower level that could easily be converted into an in-law suite or accessory apartment, perfectly situated in the vibrant and evolving St. Patrick's Ward neighbourhood! With its 6-bedroom layout and a prime location within walking distance to both downtown Guelph and the University of Guelph, this property is an incredible opportunity for investors seeking a high cash-flowing student rental. The main floor features 4 spacious bedrooms with large windows and 4-piece bathroom with a shower/tub combination. The eat-in kitchen offers ample cupboard and counter space, complemented by a large window that brightens the space. A side entry provides access to the lower level, which currently features a wet bar and a generous living room with laminate floors and a charming brick-feature wall, 2 sizable bedrooms and a full bathroom. Located less than a 10-minute walk from downtown Guelph, the property offers easy access to restaurants, boutique shops, nightlife and the GO Station. It's within walking distance of the University of Guelph or just a short bus ride away. Nature lovers will appreciate being mere seconds from Hooper Street Park, which features a picturesque trail along the river and a community pool. This property offers flexibility, location and excellent potential for rental income, making it a smart choice for investors.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-12-09 2025-01-21 43 $699,900 - Terminated
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Property Details
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
40' x 80'
Acreage
< .50
Fronting
South
Taxes
$3,655 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain11.15' x 12.50'
KitchenMain10.83' x 12.66'
Prim BdrmMain9.68' x 13.75'
2nd BrMain9.68' x 9.68'
3rd BrMain9.58' x 9.74'
4th BrMain9.68' x 9.68'
LivingBsmt8.50' x 16.01'
5th BrBsmt10.66' x 12.34'
BrBsmt12.17' x 17.85'
Guelph Market Statistics
Guelph Price Trend
113 Elizabeth St is a 4-bedroom 2-bathroom home listed for sale at $649,900, which is $294,162 (31.2%) lower than the average sold price of $944,062 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Guelph declined by $35,788 (3.7%) compared to the previous 30 day period (December 22 - January 20) and down $75,545 (7.4%) from the same time one year ago.
Inventory Change
There were 23 4-bedroom homes listed in Guelph over the last 30 days (January 21 - February 19), which is up 130.0% compared with the previous 30 day period (December 22 - January 20) and up 35.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Guelph typically sold ($25,145) (2.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $487 decrease compared to the previous 30 day period (December 22 - January 20) and ($11,785) less 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 (January 21 - February 19) stood at 52.2%, down from 100.0% over the previous 30 days (December 22 - January 20) and down from 82.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Guelph stood at 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 36 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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