17 Heath Road Sold 5 months ago

Guelph, Onward Willow, N1H 6G8

$949,000$000000

Description

Listed by TRILLIUMWEST REAL ESTATE.

Buy land! and if it happens to come with a huge 1,746 square foot "they don't build them like they used to" bungalow, then you are ahead of the game! 67 x 155 foot lot with TWO full driveways is a rare and wonderful find within the city. It affords you space to expand. The existing house does need a little work and updating. Currently, this massive bungalow is divided into two units. You could easily convert it back into a 5-bedroom single-family home, as that is what it was originally built for, a large family. The current setup is one 2-bedroom unit and one 1-bedroom unit. The city now allows three units on a property, so the potential to add a third unit is high. Rough math basing value on income potential: Unit 1 estimated value $480,000 + Unit 2 est. value $360,000 + Unit 3 est. value $360,000 = $1,200,000.00 subtract $250,000 in renovations = today's value of $950,000. Are you ready to invest in real estate?

Location

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  • Address: 17 Heath Road
  • Neighborhood: Onward Willow
  • City: Guelph
  • State: Ontario
  • Postal Code: N1H 6G8

Property Video

Property Details

  • Property ID: X9368813
  • Property Price: $949,000
  • Style: Detached, Bungalow-Raised
  • Rooms: 11+5
  • Bedrooms: 3
  • Bath: 3
  • Garages Spaces: 1
  • Garage: Attached
  • Parking Spaces: 5
  • A/C: Central Air
  • Basement: Part Fin
  • Den: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: Y
  • Taxes: $6,175.00 (2024)
  • Lot: 155.00x67.00 (Feet)

Room details and dimensions

Statistics for similar Detached homes in Onward Willow

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.

Average days on market for similar Detached homes in Onward Willow

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.

Number of transactions for similar Detached homes in Onward Willow

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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