383 Edinburgh Rd S 6

FOR SALE
$575,000
383 Edinburgh Rd S 6, Guelph
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
383 Edinburgh Rd S 6
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
X9393285
MLSID
Contact Us
Property Description
Prime 3-Bedroom Home - Walking Distance to University of Guelph - Ideal for Investors or First-Time BuyersWelcome to 383 Unit 6 Edinburgh Road, a spacious 3-bedroom home with a fully finished basement in one of Guelph's most convenient and desirable locations. Whether youre a first-time homebuyer or an investor seeking an income-generating property, this home offers fantastic potential.Generous Bedrooms + Finished Basement: The main living areas provide ample space for a family or multiple tenants. The fully finished basement adds extra living space, perfect for recreation or as a rental suite.Proximity University of Guelph: Just a short walk from campus, this property is highly attractive to university students, ensuring steady rental demand year-round.Prime Location Close to Amenities: Located near major shopping centres, grocery stores, restaurants, parks, and public transit, this home offers unparalleled convenience for both homeowners and tenants.Income Potential in a High-Demand Area Investors will appreciate the consistent rental demand, especially from university students and professionals. The finished basement further boosts rental value by offering flexible living arrangements.Perfect for First-Time Buyers: First-time buyers can secure a home in a rapidly growing area while potentially generating rental income from the basement or extra rooms.This property combines comfort, convenience, and investment potential in a high-demand location. Whether you're looking to settle in Guelph or invest in a smart income-generating property, 383 Edinburgh Road Unit 6 is a must-see. Dont miss the opportunity to own in this sought-after area, perfect for long-term value and immediate rental returns!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-04 2024-08-08 65 $590,000 - Terminated
Property Features
Clear View, Public Transit, School
Property Details
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
900-999
Taxes
$3,035 (2024)
Basement
Finished
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (parking lot)
Parking 2
Owned
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningMain21.98' x 38.39'Laminate, Combined W/Living, W/O To Yard
LivingMain29.89' x 56.76'Laminate, Combined W/Dining, Open Concept
KitchenMain26.90' x 38.39'Laminate, Window, Enclosed
Powder RmMain13.12' x 15.42'Laminate
Prim BdrmUpper29.20' x 43.01'Laminate, Window, Closet
2nd BrUpper28.54' x 43.01'Laminate, Window, Closet
3rd BrUpper29.20' x 33.46'Laminate, Window, Closet
BathroomUpper13.48' x 27.89'Laminate, Separate Rm
RecBsmt40.03' x 55.12'Laminate, Window, Open Concept
LaundryBsmt28.54' x 51.18'Concrete Floor, Enclosed
UtilityBsmt7.22' x 11.48'Concrete Floor, Enclosed
Guelph Market Statistics
Guelph Price Trend
383 Edinburgh Rd S 6 is a 3-bedroom 2-bathroom townhome listed for sale at $575,000, which is $125,356 (17.9%) lower than the average sold price of $700,356 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom townhome in Guelph declined by $43,451 (5.8%) compared to the previous 30 day period (September 1 - September 30) and down $87,644 (11.1%) from the same time one year ago.
Inventory Change
There were 40 3-bedroom townhomes listed in Guelph over the last 30 days (October 1 - October 30), which is up 11.1% compared with the previous 30 day period (September 1 - September 30) and up 48.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Guelph typically sold ($6,572) (0.9%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,723 increase compared to the previous 30 day period (September 1 - September 30) and $3,720 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 3-bedroom townhomes in Guelph over the last 30 days (October 1 - October 30) stood at 52.5%, up from 38.9% over the previous 30 days (September 1 - September 30) and up from 37.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom townhome in Guelph stood at 25 days when successfully sold over the last 30 days (October 1 - October 30), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Experts
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