324 EDINBURGH Rd S
Old University, Guelph, N1G 2K5
FOR SALE
$749,900
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BEDROOMS2
BATHROOMS1
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Property Description
This lovely home offers the perfect balance of convenience and comfort. Located just minutes from the University of Guelph, it's also near the area's top shopping destination, plus plenty of banks, restaurants, bars, and grocery stores. Enjoy relaxing on the spacious front porch or take advantage of the enclosed rear entry. The exterior includes parking for up to four vehicles. Inside, the main floor features an open-concept living, dining, and kitchen area. The kitchen is equipped with well-maintained appliances, a stylish tiled backsplash, a large sink with a view of the side yard, and plenty of storage space. Upstairs, you'll find two generously sized bedrooms, both with walk-in closets, and a modern bathroom with a tiled shower. The basement offers additional storage space, a second bathroom, and a laundry area with a furnace and gas water heater. This property is ideal for first-time buyers, a smart investment, or a home for students attending the nearby university.
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
49' x 79'
Acreage
< .50
Fronting
West
Taxes
$3,576 (2024)
Basement
Full, Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
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Guelph Market Statistics
Guelph Price Trend
324 EDINBURGH Rd S is a 2-bedroom 2-bathroom home listed for sale at $749,900, which is $42,670 (6.0%) higher 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 M1 Real Estate Brokerage Ltd
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