5106 Seventh Line
Rural Guelph/Eramosa, Guelph/Eramosa, N0B 2K0
FOR SALE
$1,999,000
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3
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSX7274574
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Property Description
Pristine Raised Bungalow Nestled On A 25-Acre Farm Situated At The Corner Of Seventh Line & Wellington Road 50 in Guelph. Stunning New Kitchen With Granite Countertops And Hardwood Flooring Throughout The Home. Lots Of Natural Lighting In The House. Partially Finished Basement With Rec Room, 2 Bedroom & 2 washroom:. Barn For Arena And Paddocks For 8 Horses. Great Opportunity To Land Bank For Future Development.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-28 | 2023-11-04 | 37 | $2,199,000 | - | Terminated |
| 2021-07-15 | 2021-10-09 | 86 | $1,900,000 | - | Expired |
Property Features
Lake/Pond, School Bus Route
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
995' x 1,142'
Acreage
25-49.99
Lot Irregularities
25 Acres
Fronting
West
Taxes
$1 (2023)
Basement
Full, Part Fin
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.81' x 20.18' | Hardwood Floor, Picture Window |
| Dining | Main | 9.94' x 12.80' | Hardwood Floor, Sliding Doors |
| Kitchen | Main | 11.02' x 12.80' | Hardwood Floor, Granite Counter, Double Sink |
| Br | Main | 10.93' x 12.86' | Hardwood Floor, Double Closet |
| 2nd Br | Main | 10.43' x 12.76' | Hardwood Floor |
| 3rd Br | Main | 9.42' x 9.55' | Hardwood Floor |
| Laundry | Main | 5.94' x 9.45' | Hardwood Floor |
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Guelph/Eramosa Market Statistics
Guelph/Eramosa Price Trend
5106 Seventh Line is a 3-bedroom 2-bathroom home listed for sale at $1,999,000, which is $724,000 (56.8%) higher than the average sold price of $1,275,000 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in Guelph/Eramosa increased by $87,334 (7.4%) compared to the previous 30 day period (February 29 - March 29) and up $282,400 (28.5%) from the same time one year ago.Inventory Change
There were 8 3-bedroom homes listed in Guelph/Eramosa over the last 30 days (March 30 - April 28), which is down 11.1% compared with the previous 30 day period (February 29 - March 29) and down 46.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Guelph/Eramosa typically sold ($24,900) (2.0%) below asking price over the last 30 days (March 30 - April 28), which represents a $12,934 decrease compared to the previous 30 day period (February 29 - March 29) and $63,440 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 3-bedroom homes in Guelph/Eramosa over the last 30 days (March 30 - April 28) stood at 12.5%, down from 33.3% over the previous 30 days (February 29 - March 29) and down from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Guelph/Eramosa stood at 13 days when successfully sold over the last 30 days (March 30 - April 28), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Champions Realty Inc.
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