8 Joyce Pl
Grange Hill East, Guelph, N1E 6P8
FOR SALE
$900,000

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Property Description
Welcome to 8 Joyce Place. A Stunning, Fully Renovated Home in a Quiet Cul-de-Sac in Guelph! This meticulously updated property boasts 3 spacious bedrooms and 2 bathrooms upstairs, plus a legal 1-bedroom basement apartment perfect for generating rental income or accommodating extended family. Over the past 5 years, this home has undergone extensive upgrades, including a new roof, furnace, electrical, plumbing, and select appliances, offering peace of mind and modern comfort. An exciting bonus awaits with paid-off solar panels, generating an impressive $2934.84 per year in income. Enjoy your private balcony overlooking the tranquil cul-de-sac, providing a peaceful retreat right at home. This home also features Tesla charging capability, perfect for electric vehicle owners. As an investment property, it currently generates approximately $4,425.96 per month in rental income. The expansive pie-shaped lot offers the potential to add a backyard house (ADU), further increasing its value. This move-in-ready gem is an opportunity you don't want to miss book your showing today and make this dream home yours!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2010-04-08 | 2010-04-19 | 11 | $284,900 | $285,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
32' x 156'
Lot Irregularities
Pie Shaped lot
Fronting
North
Taxes
$6,347 (2024)
Basement
Finished, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Garage Type
Attached
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Guelph Market Statistics
Guelph Price Trend
8 Joyce Pl is a 3-bedroom 3-bathroom home listed for sale at $900,000, which is $17,335 (1.9%) 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 3-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 Keller Williams Home Group Realty
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