Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
Guelph, Two Rivers, N1E 2X4
$699,900
Listed by RE/MAX Real Estate Centre Inc.
113 Elizabeth Street is a fantastic 6-bedroom bungalow with a separate-entry lower level that could easily be converted into an in-law suite or accessory apartment, perfectly situated in the vibrant and evolving St. Patrick's Ward neighbourhood! With its 6-bedroom layout and a prime location within walking distance to both downtown Guelph and the University of Guelph, this property is an incredible opportunity for investors seeking a high cash-flowing student rental. The main floor features 4 spacious bedrooms with large windows and 4-piece bathroom with a shower/tub combination. The eat-in kitchen offers ample cupboard and counter space, complemented by a large window that brightens the space. A side entry provides access to the lower level, which currently features a wet bar and a generous living room with laminate floors and a charming brick-feature wall, 2 sizable bedrooms and a full bathroom. Located less than a 10-minute walk from downtown Guelph, the property offers easy access to restaurants, boutique shops, nightlife and the GO Station. It's within walking distance of the University of Guelph or just a short bus ride away. Nature lovers will appreciate being mere seconds from Hooper Street Park, which features a picturesque trail along the river and a community pool. This property offers flexibility, location and excellent potential for rental income, making it a smart choice for investors.
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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.