88 Glenburnie Dr
Grange Hill East, Guelph, N1E 4C6
FOR SALE
$794,900
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Property Description
Looking for a charming corner-lot bungalow in a peaceful neighborhood? This might just be the home for you!Sitting on a spacious 60x115 ft lot, this solid brick bungalow offers plenty of potential. Currently tenanted on a month-to-month basis, its perfect for investors or homeowners looking for flexibility. The home features a side entrance to the basement, making it easy to convert into a legal basement apartment. The deep basement also has a cozy gas fireplace, ideal for a future rec room or rental unit. Over the years, the main floor has seen many updates, including custom bay window replacements and several other window upgrades. Some newer appliances are included as well.Attention ADU investors! The huge backyard offers exciting potential for an Additional Dwelling Unit. Whether you're a first-time homebuyer looking to build some sweat equity or an investor seeking a great opportunity, this home is full of possibilities. Plus, the current tenants are happy to stay if desired. Dont miss outcome see the potential for yourself!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2016-10-27 | 2016-11-01 | 5 | $1,450 | $1,450 | Leased |
Property Features
Campground, Grnbelt/Conserv, Park, Part Cleared, Place Of Worship
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
62' x 116'
Acreage
Not Appl
Fronting
North
Taxes
$4,341 (2024)
Basement
Full, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Other
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 8.40' x 10.24' | |
| 2nd Br | Main | 9.97' x 12.27' | |
| 3rd Br | Main | 8.73' x 13.48' | |
| Kitchen | Main | 757.87' x 8.89' | |
| Living | Main | 12.66' x 15.49' | |
| 4th Br | Bsmt | 13.75' x 19.49' | |
| Family | Bsmt | 12.43' x 25.72' |
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Guelph Market Statistics
Guelph Price Trend
88 Glenburnie Dr is a 4-bedroom 2-bathroom home listed for sale at $794,900, which is $149,619 (15.8%) lower than the average sold price of $944,519 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 4 bedroom home in Guelph increased by $262,575 (38.5%) compared to the previous 30 day period (December 20 - January 18) and down $75,088 (7.4%) from the same time one year ago.Inventory Change
There were 23 4-bedroom homes listed in Guelph over the last 30 days (January 19 - February 17), which is up 130.0% compared with the previous 30 day period (December 20 - January 18) and up 35.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Guelph typically sold ($24,942) (2.6%) below asking price over the last 30 days (January 19 - February 17), which represents a $21,639 decrease compared to the previous 30 day period (December 20 - January 18) and ($11,785) 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 4-bedroom homes in Guelph over the last 30 days (January 19 - February 17) stood at 56.5%, down from 8,210.0% over the previous 30 days (December 20 - January 18) and down from 82.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Guelph stood at 28 days when successfully sold over the last 30 days (January 19 - February 17), compared to 36 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Neumann Real Estate
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