4 LAMBERT Cres

College, Guelph, N1G 2R5
FOR SALE
$739,000
4 LAMBERT Cres, Guelph
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
X11822911
MLSID
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Property Description
I love when we sell homes in our neighbourhood because we've already given the area the best review that we are able by already choosing here ourselves. This end of Old University is enclosed by the Hanlon, Stone Road, and College Ave, so there is ZERO THROUGH TRAFFIC. The only cars we ever see are our neighbours, or people visiting them. You're also close to the University, 2 minutes drive from the Hanlon for easy Toronto access, and still have a mature neighbourhood with big trees and people who say 'Hi' to you on the street. This 3 bedroom all plaster bungalow has been recently updated, repainted, and is waiting for the next family to make a lifetime of memories together. It's close to both the river and the south end walking trails, on a bus line, and near to Stone Road Mall. Its basement has already been framed in AND has a separate entrance from the garage, so there is potential to put in a second unit for either a mortgage helper or aging parent/returning kids. Believe me when I say that you'll LOVE living in this neighbourhood. We already know. New roof June 2024, new paint 2024, convertable basement, already mostly framed.
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
116' x 53'
Acreage
< .50
Lot Irregularities
115.70 ft x 52.79 ft x 115.60 ft x 54.00
Fronting
South
Taxes
$4,302 (2024)
Basement
Full, Unfinished
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Other
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
BrMain11.84' x 10.07'
BrMain8.99' x 8.99'
Prim BdrmMain11.84' x 10.50'
DiningMain9.42' x 10.50'
KitchenMain10.40' x 10.50'
LivingMain14.83' x 12.50'
Guelph Market Statistics
Guelph Price Trend
4 LAMBERT Cres is a 3-bedroom 2-bathroom home listed for sale at $739,000, which is $171,548 (18.8%) lower than the average sold price of $910,548 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 3 bedroom home in Guelph increased by $77,196 (9.3%) compared to the previous 30 day period (October 4 - November 2) and up $70,467 (8.4%) from the same time one year ago.
Inventory Change
There were 148 3-bedroom homes listed in Guelph over the last 30 days (November 3 - December 2), which is up 117.6% compared with the previous 30 day period (October 4 - November 2) and up 184.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Guelph typically sold ($13,073) (1.4%) below asking price over the last 30 days (November 3 - December 2), which represents a $1,468 increase compared to the previous 30 day period (October 4 - November 2) and ($21,918) 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 (November 3 - December 2) stood at 33.8%, down from 67.6% over the previous 30 days (October 4 - November 2) and down from 51.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Guelph stood at 26 days when successfully sold over the last 30 days (November 3 - December 2), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Home Group Realty Inc.
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