7121 Highway 124 Rd S
Rural Guelph/Eramosa, Guelph/Eramosa, N1H 6H7
FOR SALE
$1,449,990
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Property Description
Prime Location! Stunning Detached Home! This beautifully renovated 3-bedroom, 1-bathroom home is set on a sprawling aprox 2.2-acre property, just minutes from Guelph and Highway 401. Ideal for families or a small home office/business, it offers ample space for parking. Additional features include a new furnace and water softener. Don't miss this excellent opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-04-30 | 2019-06-04 | 35 | $2,100 | - | Terminated |
| 2019-04-22 | 2019-06-04 | 43 | $699,999 | - | Terminated |
| 2018-12-06 | 2019-03-07 | 91 | $699,000 | - | Terminated |
| 2019-03-07 | 2019-04-21 | 45 | $699,900 | - | Terminated |
| 2018-07-10 | 2018-12-09 | 152 | $699,000 | - | Terminated |
Extras
Lots Of Parking With Great Frontage. Excellent For Families/Home Business. 1 Fridge, Stove, Washer.
Property Features
Clear View
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
210' x 420'
Acreage
2-4.99
Fronting
South
Taxes
$4,798 (2023)
Basement
Crawl Space
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.06' x 14.11' | Laminate, Large Window |
| Kitchen | Main | 9.12' x 11.09' | Tile Floor, Combined W/Dining |
| Prim Bdrm | Main | 10.01' x 11.32' | Laminate, Closet |
| 2nd Br | Main | 8.01' x 10.01' | Laminate, Closet |
| 3rd Br | Main | 7.81' x 10.50' | Laminate, Closet |
| Laundry | Main | 7.02' x 9.51' | Tile Floor |
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Guelph/Eramosa Market Statistics
Guelph/Eramosa Price Trend
7121 Highway 124 Rd S is a 3-bedroom 1-bathroom home listed for sale at $1,449,990, which is $217,324 (17.6%) higher than the average sold price of $1,232,666 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in Guelph/Eramosa increased by $196,216 (18.9%) compared to the previous 30 day period (July 17 - August 15) and up $181,950 (17.3%) from the same time one year ago.Inventory Change
There were 8 3-bedroom homes listed in Guelph/Eramosa over the last 30 days (August 16 - September 14), which is up 33.3% compared with the previous 30 day period (July 17 - August 15) and down 38.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Guelph/Eramosa typically sold ($47,116) (3.8%) below asking price over the last 30 days (August 16 - September 14), which represents a $33,600 decrease compared to the previous 30 day period (July 17 - August 15) and ($40,266) 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 (August 16 - September 14) stood at 112.5%, up from 50.0% over the previous 30 days (July 17 - August 15) and up from 46.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Guelph/Eramosa stood at 38 days when successfully sold over the last 30 days (August 16 - September 14), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Realty One Group Delta
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