118 Scots Lane

FOR SALE
$994,500
118 Scots Lane, Guelph/Eramosa
118 Scots Lane
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
11 + 3
ROOMS
X9387300
MLSID
Contact Us
Property Description
Welcome to 118 Scots Lane where charm meets country living in one of the most desirable family neighborhoods! Nestled amidst lush parks and picturesque walking trails, this home strikes the perfect balance between convenience and serene retreat. Step through the door into a beautifully crafted open concept space that blends rustic elegance with modern flair, featuring rich natural hardwood floors that add warmth and character. With 4 generously-sized bedrooms and 3.5 baths, this home is tailor-made for a growing family. The living room invites you to cozy up by the fireplace for movie nights or relaxing evenings, bathed in soft light filtered through stylish California shutters that frame the large windows. The fully finished basement brings endless possibilities whether you need a fifth bedroom, a recreation area, or a space for guests, its ready to adapt. And for the fitness-focused, the garage has been thoughtfully transformed into your very own custom gym no membership required! Outside, the backyard is built for fun and relaxation. Fire up the BBQ on the deck or gather around the firepit for s'mores-filled nights with family and friends. This home is more than just a place to live its a lifestyle. 118 Scots Lane is waiting to welcome you home don't miss your chance to experience comfort, style, and endless family moments in this incredible space!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-12 2024-10-07 25 $998,500 - Terminated
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 $994,500, which is $437,642 (30.6%) lower than the average sold price of $1,432,142 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 4 bedroom home in Guelph/Eramosa increased by $212,142 (17.4%) compared to the previous 30 day period (August 18 - September 16) and up $767,192 (115.4%) from the same time one year ago.
Inventory Change
There were 10 4-bedroom homes listed in Guelph/Eramosa over the last 30 days (September 17 - October 16), which is down 0.0% compared with the previous 30 day period (August 18 - September 16) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Guelph/Eramosa typically sold ($23,142) (1.6%) below asking price over the last 30 days (September 17 - October 16), which represents a $21,808 increase compared to the previous 30 day period (August 18 - September 16) and ($30,000) 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 (September 17 - October 16) stood at 70.0%, up from 20.0% over the previous 30 days (August 18 - September 16) and up from 40.0% 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 23 days when successfully sold over the last 30 days (September 17 - October 16), compared to 75 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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