113 Elizabeth St
Two Rivers, Guelph, N1E 2X4
FOR SALE
$624,900
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4 + 2
BEDROOMS2
BATHROOMS1
KITCHENS7 + 4
ROOMSX12007510
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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.
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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
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Property Details
Street
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.15' x 12.50' | |
| Kitchen | Main | 10.83' x 12.66' | |
| Prim Bdrm | Main | 9.68' x 13.75' | |
| 2nd Br | Main | 9.68' x 9.68' | |
| 3rd Br | Main | 9.58' x 9.74' | |
| 4th Br | Main | 9.68' x 9.68' | |
| Living | Bsmt | 8.50' x 16.01' | |
| 5th Br | Bsmt | 10.66' x 12.34' | |
| Br | Bsmt | 12.17' x 17.85' |
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Guelph Market Statistics
Guelph Price Trend
113 Elizabeth St is a 4-bedroom 2-bathroom home listed for sale at $624,900, which is $319,162 (33.8%) 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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