115 SPEEDVALE Ave W

FOR SALE
$599,999
115 SPEEDVALE Ave W, Guelph
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
115 SPEEDVALE Ave W
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 5
ROOMS
X10876313
MLSID
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Property Description
FANTASTIC OPPORTUNITY FOR INVESTORS! This charming bungalow, located in the desirable Riverside Park neighbourhood, offers a great opportunity for investors or those seeking in-law suite potential! The main floor features an open-concept, bright kitchen and living room, two spacious bedrooms, with the option to convert the current laundry room back into a third bedroom. The lower level is perfectly suited for an accessory apartment, with its ideal layout, separate entrance, large windows, in-suite laundry, and the potential to add an additional bedroom. The property currently offers 5 parking spaces, with the possibility to increase spaces by modifying the entrance ramp and carport. Enjoy the private, partially fenced backyard, complete with deck space, perfect for relaxing or entertaining. This home has also been retrofitted for accessibility, making it suitable for a wide range of needs. Conveniently located near Riverside Park and Exhibition Park, and just a short drive to the amenities in both the North and West ends of Guelph, as well as Downtown. Easy access to HWY 6 and the Hanlon. Don't miss out on this incredible opportunity - book your private showing today! *Property is being sold in as is, where is condition.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-16 2024-10-31 15 $599,999 $622,500 Sold
2024-10-16 2024-10-31 15 $599,999 $622,500 Sold
Property Features
Fenced Yard
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
63' x 126'
Acreage
< .50
Taxes
$4,068 (2023)
Basement
Sep Entrance, Walk-Up
Exterior
Stone, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Other
Room Summary
RoomLevelSizeFeatures
BathroomMain5.91' x 7.84'
BrMain8.92' x 11.58'
DiningMain6.27' x 11.52'
KitchenMain17.42' x 11.42'
LaundryMain10.66' x 8.99'
LivingMain11.68' x 11.52'
Prim BdrmMain10.66' x 11.58'
BathroomBsmt5.91' x 6.99'
BrBsmt14.93' x 10.99'
OtherBsmt16.93' x 10.99'
RecBsmt21.10' x 11.09'
UtilityBsmt10.60' x 11.15'
Guelph Market Statistics
Guelph Price Trend
115 SPEEDVALE Ave W is a 2-bedroom 2-bathroom home listed for sale at $599,999, which is $107,231 (15.2%) lower than the average sold price of $707,230 in the last 30 days (October 28 - November 26). During the last 30 days the average sold price for a 2 bedroom home in Guelph declined by $49,047 (6.5%) compared to the previous 30 day period (September 28 - October 27) and down $99,177 (12.3%) from the same time one year ago.
Inventory Change
There were 4 2-bedroom homes listed in Guelph over the last 30 days (October 28 - November 26), which is down 66.7% compared with the previous 30 day period (September 28 - October 27) and down 55.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Guelph typically sold $2,038 (0.3%) above asking price over the last 30 days (October 28 - November 26), which represents a $11,371 increase compared to the previous 30 day period (September 28 - October 27) and ($11,955) 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 homes in Guelph over the last 30 days (October 28 - November 26) stood at 325.0%, up from 75.0% over the previous 30 days (September 28 - October 27) and up from 77.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Guelph stood at 22 days when successfully sold over the last 30 days (October 28 - November 26), compared to 62 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Royal City Realty, Brokerage
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