81 Surrey St E

FOR SALE
$1,125,000
81 Surrey St E, Guelph
81 Surrey St E
81 Surrey St E
81 Surrey St E
81 Surrey St E
81 Surrey St E
81 Surrey St E
81 Surrey St E
81 Surrey St E
81 Surrey St E
81 Surrey St E
81 Surrey St E
81 Surrey St E
81 Surrey St E
81 Surrey St E
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81 Surrey St E
81 Surrey St E
81 Surrey St E
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81 Surrey St E
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81 Surrey St E
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
9 + 3
ROOMS
X8088326
MLSID
Contact Us
Property Description
Current Use & Future Use Opportunity! Whatever path you choose today, please make note of the future value of this property as it falls under the re-development plan for Guelphs Downtown Secondary Plan. Also, another huge value add for this property is a large parking lot at the rear, capable of parking anywhere between 5 10 cars depending on the setup. The property has been completely renovated. With 4 bright bedrooms and a beautiful open concept living room kitchen. The gorgeous Paragon Kitchen is perfectly designed.The property is zoned D.2 which allows for a wide variety of uses. You name it and it can be it. This is the perfect opportunity to buy & hold while renting this as an income property. The possibilities are endless. Currently tenanted with excellent tenants.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-04-12 2023-05-11 29 $825,000 - Terminated
2023-03-27 2023-04-12 16 $925,000 - Terminated
Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
38' x 112'
Acreage
< .50
Fronting
South
Taxes
$5,210 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BrMain9.84' x 11.84'
KitchenMain11.58' x 16.34'
LivingMain12.01' x 12.60'
Prim Bdrm2nd13.09' x 13.91'
2nd Br2nd11.15' x 9.25'
3rd Br2nd11.42' x 9.32'
OtherBsmt18.83' x 15.26'
UtilityBsmt18.77' x 15.42'
Guelph Market Statistics
Guelph Price Trend
81 Surrey St E is a 4-bedroom 4-bathroom home listed for sale at $1,125,000, which is $135,867 (13.7%) higher than the average sold price of $989,133 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 4 bedroom home in Guelph declined by $91,788 (8.5%) compared to the previous 30 day period (February 29 - March 29) and down $114,024 (10.3%) from the same time one year ago.
Inventory Change
There were 33 4-bedroom homes listed in Guelph over the last 30 days (March 30 - April 28), which is up 26.9% compared with the previous 30 day period (February 29 - March 29) and up 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Guelph typically sold ($22,704) (2.3%) below asking price over the last 30 days (March 30 - April 28), which represents a $42,674 increase compared to the previous 30 day period (February 29 - March 29) and ($26,015) 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 4-bedroom homes in Guelph over the last 30 days (March 30 - April 28) stood at 63.6%, down from 73.1% over the previous 30 days (February 29 - March 29) and down from 86.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Guelph stood at 16 days when successfully sold over the last 30 days (March 30 - April 28), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Royal City Realty Ltd.
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