7 Kay Cres 503

FOR SALE
$490,000
7 Kay Cres 503, Guelph
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
7 Kay Cres 503
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
X9295176
MLSID
Contact Us
Property Description
Experience exceptional living at the Vantage Luxury Suites in South Guelph, crafted by the award-winning Reids. It boasts 2-bedroom, 2-bathroom, Sunlight streams through oversized windows, illuminating the open-concept floor plan. The kitchen features stainless steel appliances, a breakfast bar, and sleek white cabinetry. The spacious dining area and bright living room seamlessly connect to a private balcony, perfect for enjoying peaceful views of a pond and lush greenery. With modern finishes, 9-foot ceilings, and hardwood floors throughout, this home also includes a 4-piece main bathroom and two generously sized bedrooms, including a primary suite with an ensuite bathroom. Additional upgrades such as a water softener enhance comfort in Guelph's hard water. Ideally located near grocery stores, a movie theatre, LCBO, restaurants, banks, fitness centers, and just minutes from a large shopping center and the 401, this condo offers unparalleled convenience. Golf enthusiasts will appreciate the proximity to Springfield Golf & Country Club.
Nearby Intersections
Property Features
Golf, Park, Place Of Worship, School
Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,650 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
None
Room Summary
RoomLevelSizeFeatures
2nd BrMain11.58' x 11.32'
KitchenMain7.51' x 8.76'
LivingMain11.25' x 16.50'
Prim BdrmMain12.66' x 13.16'
Guelph Market Statistics
Guelph Price Trend
7 Kay Cres 503 is a 2-bedroom 2-bathroom condo listed for sale at $490,000, which is $194,625 (28.4%) lower than the average sold price of $684,625 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom condo in Guelph increased by $8,316 (1.2%) compared to the previous 30 day period (July 21 - August 19) and up $100,042 (17.1%) from the same time one year ago.
Inventory Change
There were 18 2-bedroom condos listed in Guelph over the last 30 days (August 20 - September 18), which is up 12.5% compared with the previous 30 day period (July 21 - August 19) and down 5.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Guelph typically sold ($23,737) (3.5%) below asking price over the last 30 days (August 20 - September 18), which represents a $10,303 decrease compared to the previous 30 day period (July 21 - August 19) and ($12,866) 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 2-bedroom condos in Guelph over the last 30 days (August 20 - September 18) stood at 88.9%, down from 200.0% over the previous 30 days (July 21 - August 19) and up from 31.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Guelph stood at 40 days when successfully sold over the last 30 days (August 20 - September 18), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exp Realty
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