278 College St W

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278 College St W, Guelph
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
X4276281
MLSID
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Property Description
Remarkable Infill Land For Building 6 Back-To-Back Townhouses. Perfect For Investors And Small Builders. Zoning Approval In Progress. Townhouse Designed For Young Professionals With Indoor Parking And Private Entrance.
Property Details
Community
City
Property Type
Detached, 2-Storey
Lot Size
80' x 150'
Acreage
< .50
Fronting
South
Taxes
$4,252 (2018)
Basement
Finished
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Guelph Market Statistics
Guelph Price Trend
278 College St W is a 2-bedroom 1-bathroom home listed for sale at $938,000, which is $195,680 (26.4%) higher than the average sold price of $742,320 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom home in Guelph declined by $205,655 (21.7%) compared to the previous 30 day period (February 19 - March 19) and down $8,580 (1.1%) from the same time one year ago.
Inventory Change
There were 19 2-bedroom homes listed in Guelph over the last 30 days (March 20 - April 18), which is up 137.5% compared with the previous 30 day period (February 19 - March 19) and up 137.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Guelph typically sold $19,728 (2.7%) above asking price over the last 30 days (March 20 - April 18), which represents a $10 increase compared to the previous 30 day period (February 19 - March 19) and $33,540 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 2-bedroom homes in Guelph over the last 30 days (March 20 - April 18) stood at 68.4%, down from 87.5% over the previous 30 days (February 19 - March 19) and up from 62.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Guelph stood at 13 days when successfully sold over the last 30 days (March 20 - April 18), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife New World Realty Inc., Brokerage
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