118 Scots Lane

FOR SALE
$1,050,000
118 Scots Lane, Guelph/Eramosa
118 Scots Lane
118 Scots Lane
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
11 + 3
ROOMS
X9345787
MLSID
Contact Us
Property Description
Welcome to 118 Scots Lane a stunning family home nestled in a highly sought-after, family-friendly neighborhood. Surrounded by parks and scenic walking trails, this property offers the perfect blend of convenience and tranquility. Step inside to discover a beautifully designed open-concept layout with a rustic country charm, enhanced by natural hardwood floors. The spacious home features 4 large bedrooms and 3.5bathrooms, providing ample space for a growing family. Enjoy cozy evenings in front of the fireplace, perfectly located in the living room for unwinding while watching your favorite shows. The large windows are adorned with elegant California shutters, allowing just the right amount of natural light to fill the home. The fully finished basement offers versatility with an additional bedroom or recreation space, ideal for guests or a play area. Fitness enthusiasts will love the garage, recently converted into a custom home gym. Outside, the backyard is an entertainer's dream. The deck provides the perfect spot for summer BBQs, while the firepit is ready to host evenings filled with s'mores and laughter. Don't miss out on this beautiful family home at 118Scots Lane where comfort and lifestyle await!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-08-27 2019-09-20 24 $679,000 $679,000 Sold
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School Bus Route
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Acreage
< .50
Fronting
East
Taxes
$5,330 (2024)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain13.91' x 8.43'Hardwood Floor, Wainscoting
KitchenMain15.42' x 9.42'Double Sink, Hardwood Floor, Pantry
FamilyMain25.00' x 15.32'California Shutters, Fireplace, Hardwood Floor
DiningMain9.25' x 9.42'Hardwood Floor, W/O To Deck
Prim Bdrm2nd12.93' x 15.49'
Prim Bdrm2nd12.93' x 15.49'4 Pc Ensuite, French Doors, W/I Closet
Br2nd14.07' x 13.75'California Shutters, Crown Moulding, Hardwood Floor
Br2nd14.01' x 10.66'California Shutters, Hardwood Floor
Br2nd9.58' x 10.07'Wainscoting
RecBsmt16.50' x 21.59'Crown Moulding, Vinyl Floor
LaundryBsmt10.40' x 12.40'Tile Floor
Guelph/Eramosa Market Statistics
Guelph/Eramosa Price Trend
118 Scots Lane is a 4-bedroom 4-bathroom home listed for sale at $1,050,000, which is $125,000 (10.6%) lower than the average sold price of $1,175,000 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in Guelph/Eramosa declined by $495,500 (29.7%) compared to the previous 30 day period (July 20 - August 18) and down $487,000 (29.3%) from the same time one year ago.
Inventory Change
There were 10 4-bedroom homes listed in Guelph/Eramosa over the last 30 days (August 19 - September 17), which is up 25.0% compared with the previous 30 day period (July 20 - August 18) and up 150.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Guelph/Eramosa typically sold ($34,966) (3.0%) below asking price over the last 30 days (August 19 - September 17), which represents a $106,016 decrease compared to the previous 30 day period (July 20 - August 18) and ($165,225) 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/Eramosa over the last 30 days (August 19 - September 17) stood at 30.0%, up from 25.0% over the previous 30 days (July 20 - August 18) and down from 100.0% 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/Eramosa stood at 46 days when successfully sold over the last 30 days (August 19 - September 17), compared to 66 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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