24 University Ave

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24 University Ave, Guelph
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4 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
1 + 1
ROOMS
X8155798
MLSID
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Property Description
Attention Builders & Developer's! Awesome opportunity for development in Old University! Being sold is two lots, approximately 48 x 100, perfect for two new detached homes or take it to the next level and explore what you can do with the city of Guelph's plan to increase density.
Property Details
City
Property Type
Detached, Bungalow
Lot Size
96' x 102'
Fronting
South
Taxes
$6,526 (2024)
Basement
Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Prim BdrmMain10.50' x 13.58'
BrMain9.09' x 12.07'
BrMain9.42' x 11.42'
LivingMain12.34' x 23.00'
KitchenMain9.32' x 10.01'
BrBsmt10.24' x 12.01'
BrBsmt10.01' x 10.99'
LivingBsmt8.43' x 20.18'
KitchenBsmt8.17' x 12.01'
Guelph Market Statistics
Guelph Price Trend
24 University Ave is a 4-bedroom 3-bathroom home listed for sale at $1,499,900, which is $492,273 (48.9%) higher than the average sold price of $1,007,627 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 4 bedroom home in Guelph declined by $63,978 (6.0%) compared to the previous 30 day period (February 28 - March 28) and down $95,530 (8.7%) from the same time one year ago.
Inventory Change
There were 33 4-bedroom homes listed in Guelph over the last 30 days (March 29 - April 27), which is up 32.0% compared with the previous 30 day period (February 28 - March 28) and up 65.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Guelph typically sold ($23,668) (2.3%) below asking price over the last 30 days (March 29 - April 27), which represents a $39,195 increase compared to the previous 30 day period (February 28 - March 28) and ($26,015) 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 4-bedroom homes in Guelph over the last 30 days (March 29 - April 27) stood at 66.7%, down from 76.0% over the previous 30 days (February 28 - March 28) and down from 95.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Guelph stood at 16 days when successfully sold over the last 30 days (March 29 - April 27), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Coldwell Banker Neumann Real Estate
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