6 LAMBERT Cres

College, Guelph, N1G 2R5
FOR SALE
$859,000
6 LAMBERT Cres, Guelph
6 LAMBERT Cres
6 LAMBERT Cres
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7 + 6
ROOMS
X12001042
MLSID
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Property Description
This legalized duplex with a 3 bedroom apartment on the main floor and 2 bedroom apartment in the lower level offers a fantastic opportunity in a desirable and quiet neighborhood, not far from the university, walking trails, and shopping mall. The solid brick bungalow sits on a generous 50 x 105 lot, featuring a double driveway that fits four cars, plus one additional space under the carport. The main floor consists of a bright and inviting living room with a large bay window, a separate dining area, and a kitchen with a new backsplash, recently updated. The three-piece bathroom has been renovated with a modern vanity, and the three well-sized bedrooms provide comfortable living space for a family or tenants. A separate entrance leads to the spacious basement apartment, which includes two bedrooms, a large living room that flows into the dining area, and a kitchen with a breakfast nook and new appliances. Recent new flooring in the bedrooms and a renovated three-piece bathroom make this a welcoming and functional space for renters or in-laws. The large backyard features a private garden with mature trees and a small patio, offering both tranquillity and potential. Potential for a third accessory apartment, this property presents an excellent investment opportunity to further increase rental income. Additional highlights include gas heating, central air conditioning, and a camera monitoring system for added security and peace of mind. A great opportunity to own a versatile property in a growing and in-demand area!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2016-05-11 2016-05-31 20 $384,900 $381,900 Sold
2018-06-07 2018-06-12 5 $499,000 $543,500 Sold
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
51' x 104'
Acreage
< .50
Fronting
North
Taxes
$4,671 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Other
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
FamilyMain11.48' x 17.49'Bay Window
DiningMain8.01' x 12.50'
KitchenMain11.38' x 14.14'
Prim BdrmMain10.01' x 11.98'
BrMain10.01' x 10.99'
BrMain8.99' x 11.48'
LoftMain2.99' x 14.99'
FamilyBsmt11.48' x 21.00'
KitchenBsmt11.48' x 12.50'
DiningBsmt9.51' x 11.48'
BrBsmt10.01' x 10.01'
BrBsmt10.01' x 10.01'
Guelph Market Statistics
Guelph Price Trend
6 LAMBERT Cres is a 3-bedroom 2-bathroom home listed for sale at $859,000, which is $58,335 (6.4%) lower than the average sold price of $917,335 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Guelph increased by $32,609 (3.7%) compared to the previous 30 day period (December 22 - January 20) and up $144,263 (18.7%) from the same time one year ago.
Inventory Change
There were 71 3-bedroom homes listed in Guelph over the last 30 days (January 21 - February 19), which is up 115.2% compared with the previous 30 day period (December 22 - January 20) and up 47.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Guelph typically sold $21,765 (2.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $43,187 increase compared to the previous 30 day period (December 22 - January 20) and $9,468 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 (January 21 - February 19) stood at 59.2%, down from 136.4% over the previous 30 days (December 22 - January 20) and down from 100.0% 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 21 days when successfully sold over the last 30 days (January 21 - February 19), compared to 89 days before being removed from the market upon being suspended or terminated.
Listing contracted with Fair Agent Realty
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