5789 7th Line

FOR SALE
$1,399,900
5789 7th Line, Guelph/Eramosa
5789 7th Line
5789 7th Line
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3 + 3
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
8 + 4
ROOMS
X8182208
MLSID
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Property Description
Experience Country Living At Its Finest & Escape The Hustle & Bustle Of City Life. This charming Bungalow occupies of an acre adorned with mature trees .Main level comprises 3 bedrooms and 2 Washrooms, complemented by a kitchen that seamlessly connects to a deck through a w/o. Recently updated carpeting graces the bedrooms and stairs, while the master suite includes a full ensuite bathroom. 2 bedroom plus den/office Basement Apartment/in-law suite with a Separate entrance to the side. Heating is augmented by two pellet stoves, with one installed on the primary level in 2021 & the other in the basement in 2023. A standout feature of this property is the 20X30-ft workshop With Hydro & Propane Heater, boasting a 14-foot door. Also a detached 1 car garage equipped with a door opener, electricity, and propane heating, accompanied by ample parking in the generously sized driveway.Recent enhancements include the waterproofing of the block foundation, new tiling/drainage implemented 2022.
Extras
S/S Fridge, Stove, Dishwasher, OTR Microwave, Central Vacuum, Sump Pump, Water Heater Owned, Water Softener, Garage Door Opener.2 Pallet stoves. Stove, Refrigerator, OTR microwave in the basement.All Electrical light fixtures, window blinds
Property Details
Street
Property Type
Detached, Bungalow
Lot Size
139' x 235'
Acreage
.50-1.99
Lot Irregularities
42.5X 71.724 X 71.32 X 40.5 Meters
Fronting
East
Taxes
$4,994 (2024)
Basement
Apartment, W/O
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain19.59' x 11.09'Window, Wood Stove
KitchenMain11.02' x 24.70'Window, Stainless Steel Appl, Eat-In Kitchen
Prim BdrmMain11.02' x 11.32'Window, Closet, 4 Pc Ensuite
BathroomMain6.99' x 7.91'Window, 4 Pc Bath
2nd BrMain8.50' x 10.70'Window, Broadloom, Closet
3rd BrMain10.20' x 8.99'Window, Broadloom, Closet
BathroomMain7.91' x 7.71'Window, 4 Pc Bath
LaundryMain9.97' x 7.71'
KitchenBsmt10.10' x 23.10'Window, Stainless Steel Appl
BrBsmt8.53' x 10.40'Window
2nd BrBsmt10.20' x 12.50'Window
BathroomBsmt10.40' x 5.61'4 Pc Bath
Guelph/Eramosa Market Statistics
Guelph/Eramosa Price Trend
5789 7th Line is a 3-bedroom 3-bathroom home listed for sale at $1,399,900, which is $124,900 (9.8%) higher than the average sold price of $1,275,000 in the last 30 days (March 27 - April 25). 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 26 - March 26) and up $288,875 (29.3%) from the same time one year ago.
Inventory Change
There were 11 3-bedroom homes listed in Guelph/Eramosa over the last 30 days (March 27 - April 25), which is up 57.1% compared with the previous 30 day period (February 26 - March 26) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Guelph/Eramosa typically sold ($24,900) (2.0%) below asking price over the last 30 days (March 27 - April 25), which represents a $12,934 decrease compared to the previous 30 day period (February 26 - March 26) and $67,750 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 27 - April 25) stood at 9.1%, down from 42.9% over the previous 30 days (February 26 - March 26) and down from 36.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Guelph/Eramosa stood at 13 days when successfully sold over the last 30 days (March 27 - April 25), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Real Estate Centre Inc.
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