15 Lawrence Ave
Two Rivers, Guelph, N1E 5Y4
FOR SALE
$799,000
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2 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS4
ROOMSX9382162
MLSIDContact Us
Property Description
Legal Duplex! Attention investors or first time buyers, this is your opportunity to get into the market! First time buyers, this 2 bedroom bungalow could be your way into the market. You can move in upstairs and rent out the basement to help pay your mortgage. This is a great property for investors too as both units are separate and can be rented out! There is parking for two and a great lot. Location is ideal, close to schools, transit, shopping and the downtown core, 5 minutes to the University and a short walk to the river! Upstairs features living room with large picture window, 2 bedrooms, a nice sized upgraded kitchen, ensuite laundry and a 4 piece bath. The basement unit has 2 bedrooms, a large kitchen, living room, 3 piece bathroom and separate laundry as well.
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Property Features
Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Duplex, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
50' x 100'
Acreage
< .50
Fronting
West
Taxes
$4,018 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.32' x 14.07' | Laminate, Picture Window |
| Kitchen | Main | 7.51' x 16.99' | Laminate, Window, Combined W/Laundry |
| Prim Bdrm | Main | 9.15' x 9.09' | Laminate, Window |
| 2nd Br | Main | 9.15' x 9.09' | Laminate, Window |
| Living | Bsmt | 9.15' x 16.24' | Broadloom, Window |
| Kitchen | Bsmt | 6.99' x 10.01' | Laminate, Window, Combined W/Laundry |
| Prim Bdrm | Bsmt | 10.50' x 11.32' | Laminate, Window |
| 2nd Br | Bsmt | 8.33' x 11.52' | Laminate, Window |
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Guelph Market Statistics
Guelph Price Trend
15 Lawrence Ave is a 2-bedroom 2-bathroom home listed for sale at $799,000, which is $42,616 (5.6%) higher than the average sold price of $756,384 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Guelph increased by $4,759 (0.6%) compared to the previous 30 day period (September 21 - October 20) and down $42,208 (5.3%) from the same time one year ago.Inventory Change
There were 6 2-bedroom homes listed in Guelph over the last 30 days (October 21 - November 19), which is down 53.8% compared with the previous 30 day period (September 21 - October 20) and down 60.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Guelph typically sold ($5,415) (0.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $9,935 increase compared to the previous 30 day period (September 21 - October 20) and $5,335 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 2-bedroom homes in Guelph over the last 30 days (October 21 - November 19) stood at 216.7%, up from 30.8% over the previous 30 days (September 21 - October 20) and up from 46.7% 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 23 days when successfully sold over the last 30 days (October 21 - November 19), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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