Guelph, Old University, N1G 2H3
$1,000,000$000000
Listed by Real Broker Ontario Ltd..
Welcome to this charming bungalow in the highly desirable Old University neighborhood of Guelph, where timeless character and a rich history await. This well-loved home has been owned by the same family since 1959 and offers 1,752 sq ft of thoughtfully designed living space, perfect for a variety of lifestyles. With 3+1 bedrooms, including a peaceful reading nook in the primary bedroom, this home provides ample space for both relaxation and daily living. The bright and inviting living room flows effortlessly into the dining area, creating a warm atmosphere for family gatherings or quiet nights at home. The large kitchen provides plenty of counter space and storage, ideal for home cooking and entertaining. The separate entrance to the basement opens up the potential for a basement apartment, perfect for rental income or multi-generational living. The layout of the home also makes it an excellent choice for senior living, with everything on one floor for easy accessibility and convenience. Situated in one of Guelphs most sought-after neighborhoods, this property is within walking distance to local shops, cafes, parks, and just minutes from the University of Guelph. The Old University neighborhood is a vibrant community, making it a prime location for both families and students.With the growing demand for student rentals, now is a fantastic time to invest in a property with great potential for rental income.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.