19 Gibbs Cres
Clairfields/Hanlon Business Park, Guelph, N1G 5B6
FOR SALE
$1,069,900

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Property Description
LEGAL DUPLEX PRIME SOUTH-END LOCATION! This solid brick bungalow is nestled in a highly sought-after South-end neighbourhood and features a LEGAL 2-bedroom basement apartment a fantastic opportunity for investors or multi-generational living. The main level boasts a bright and spacious layout, including a well-appointed kitchen with granite countertops and ample cupboard space, seamlessly open to the inviting living room. Hardwood flooring, a charming fireplace, and sliding doors leading to an upper deck showcase stunning views of the lush green space behind the home.This level also includes three generous bedrooms, including a large primary suite with a 4-piece ensuite, a formal dining room, a laundry room, and an additional 4-piece bathroom. Plus, the main unit enjoys extra space in the basement, featuring a large recreation room and an additional den, bedroom or storage area. A separate entrance leads to the bright walk-out basement apartment, offering an open-concept kitchen and living room, two spacious bedrooms, a 4-piece bathroom, and in-unit laundry. The fully fenced backyard includes a gate providing direct access to Gosling Gardens Park and its scenic walking trails, a rare and peaceful retreat! This versatile home is perfect for first-time buyers, investors or buyers looking for one level living. Conveniently located near HWY 401, top-rated schools, restaurants, shopping, a movie theatre, and short drive to the university of Guelph!
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
40' x 108'
Fronting
South
Taxes
$6,756 (2024)
Basement
Apartment, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Garage Type
Attached
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Guelph Market Statistics
Guelph Price Trend
19 Gibbs Cres is a 3-bedroom 3-bathroom home listed for sale at $1,069,900, which is $152,565 (16.6%) higher than the average sold price of $917,335 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Guelph increased by $32,609 (3.7%) compared to the previous 30 day period (December 22 - January 20) and up $144,263 (18.7%) from the same time one year ago.Inventory Change
There were 71 3-bedroom homes listed in Guelph over the last 30 days (January 21 - February 19), which is up 115.2% compared with the previous 30 day period (December 22 - January 20) and up 47.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Guelph typically sold $21,765 (2.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $43,187 increase compared to the previous 30 day period (December 22 - January 20) and $9,468 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 3-bedroom homes in Guelph over the last 30 days (January 21 - February 19) stood at 59.2%, down from 136.4% over the previous 30 days (December 22 - January 20) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Guelph stood at 21 days when successfully sold over the last 30 days (January 21 - February 19), compared to 89 days before being removed from the market upon being suspended or terminated.Listing contracted with M1 Real Estate Brokerage Ltd
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