509 Speedvale Ave E

Brant, Guelph, N1E 1P5
FOR SALE
$669,900
509 Speedvale Ave E, Guelph
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
509 Speedvale Ave E
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
X9263707
MLSID
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Property Description
WOW! Quarter of an acre lot in the CITY within very close proximity of shopping, schools, parks, transit! Super location! This home is nearly 1300 sq ft with two bedrooms up stairs - a room on the main level currently used as a third bedroom and a finished basement with yet another bedroom. Let's talk about potential - first the flexible floor plan will allow for 4 separate sleeping spaces. The MASSIVE lot (58 x 188) gives you all the outdoor space you have been dreaming of for summer gatherings, or a future workshop, the most stellar kids play area, or the most fabulous garden you've been imagining. It doesn't stop there - there's an unfinished back room that would work well as entry to the basement and sets the stage for the most perfect future basement apartment with a future above ground Kitchen should that be within the buyer's interest. The driveway allows for parking for 3-4 cars. Location, Square Footage, Potential, Massive Lot, Parking - it's all nicely tied together here at 509 Speedvale Ave E. This diamond in the rough won't last long. This home is being sold AS-IS.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-01 2024-08-02 63 $699,900 - Expired
Property Details
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
57' x 188'
Fronting
West
Taxes
$3,900 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain10.93' x 15.81'
DiningMain7.41' x 8.37'
KitchenMain8.53' x 12.20'
BrMain8.56' x 12.20'
Bathroom2nd5.05' x 9.28'
Prim Bdrm2nd8.96' x 13.75'
3rd Br2nd10.24' x 12.80'
BathroomBsmt4.56' x 8.46'
BrBsmt7.71' x 10.04'
RecBsmt9.84' x 23.03'
UtilityBsmt7.22' x 11.35'
Guelph Market Statistics
Guelph Price Trend
509 Speedvale Ave E is a 3-bedroom 2-bathroom home listed for sale at $669,900, which is $142,588 (17.5%) lower than the average sold price of $812,488 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Guelph increased by $4,715 (0.6%) compared to the previous 30 day period (July 21 - August 19) and down $54,345 (6.3%) from the same time one year ago.
Inventory Change
There were 67 3-bedroom homes listed in Guelph over the last 30 days (August 20 - September 18), which is up 15.5% compared with the previous 30 day period (July 21 - August 19) and up 11.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Guelph typically sold ($13,014) (1.6%) below asking price over the last 30 days (August 20 - September 18), which represents a $10,620 decrease compared to the previous 30 day period (July 21 - August 19) and ($118) 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 homes in Guelph over the last 30 days (August 20 - September 18) stood at 80.6%, down from 91.4% over the previous 30 days (July 21 - August 19) and up from 45.0% 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 25 days when successfully sold over the last 30 days (August 20 - September 18), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage House Ltd
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