14 Neeve St
Central West, Guelph, N1H 4B9
FOR SALE
$4,200,000
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Property Description
Downtown/Transit oriented 0.415-acre infill redevelopment opportunity. Within 1,500 feet of Guelph's central bus & train terminal. Designated Mixed Use 2 in the Downtown Secondary Plan and Zoned Downtown 2 Zone (D-2). D2 Zoning By-Law permits both residential (apartment buildings/ townhomes) and commercial uses. The Secondary Plan and Zoning indicates a maximum building height of 6 stories. Abutting an existing 18-storey high density residential development and proximal to multiple active and planned projects within the Downtown area this site is an ideal candidate for redevelopment. The property is currently improved with a 2-storey single family detached house, detached garage and small heritage barn that are currently tenanted. The Property and any fixtures, chattels and equipment included with the Property are to be purchased on an "as is, where is" basis. Buyer/Buyer's agent to conduct due diligence and verify all information.
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Property Features
Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Acreage
< .50
Lot Irregularities
0.415 Ac
Fronting
North
Taxes
$2,000 (2024)
Basement
Unfinished, W/O
Exterior
Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Detached
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Guelph Market Statistics
Guelph Price Trend
14 Neeve St is a 4-bedroom 1-bathroom home listed for sale at $4,200,000, which is $3,226,313 (331.4%) higher than the average sold price of $973,687 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Guelph increased by $1,547 (0.2%) compared to the previous 30 day period (March 15 - April 13) and down $167,808 (14.7%) from the same time one year ago.Inventory Change
There were 40 4-bedroom homes listed in Guelph over the last 30 days (April 14 - May 13), which is up 53.8% compared with the previous 30 day period (March 15 - April 13) and up 42.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Guelph typically sold ($18,618) (1.9%) below asking price over the last 30 days (April 14 - May 13), which represents a $2,654 decrease compared to the previous 30 day period (March 15 - April 13) and ($18,273) 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 (April 14 - May 13) stood at 40.0%, down from 96.2% over the previous 30 days (March 15 - April 13) and down from 82.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in Guelph stood at 16 days when successfully sold over the last 30 days (April 14 - May 13), compared to 31 days before being removed from the market upon being suspended or terminated.Listing contracted with Colliers Macaulay Nicolls Inc.
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