692 SPEEDVALE Avenue, Guelph/Eramosa, ON

$849,500
MLS#:X11879802
3 beds
2 baths
1100-1500 sqft
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Rural Guelph/Eramosa East. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $849,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 124 x 146 ft lot
  • Features a ["walk-up", "partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Sump Pump, Water Softener
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Enjoy country living with city amenities! Welcome to your dream bungalow nestled just outside of the Guelph boundary line, in Guelph/Eramosa. This sprawling 3 bed, 2 bath bungalow, offers nearly 2000sqft of finished living space and is situated on nearly 1/3 of an acre! As you step inside, you'll immediately appreciate the abundant natural light that fills the spacious interior. The thoughtful layout showcases an expansive living/dining area, features 2 gas fireplaces that is perfect for families and entertaining. The large bedrooms provide an abundance of space and light. One of the standout features of this property is the second driveway entrance, leading to the 550 sqft ( 15'6 x 35'6 ) workshop at the back of the property that is equipped with 30A service and a convenient garage door. Ideal for hobbyists, storage, or a home-based business. Mechanical updates include the Furnace and A/C replaced in 2021 and the roof shingles in 2024. There is a 200-amp electrical service ensuring plenty of power for all your needs. With municipal water and wastewater services, you can enjoy hassle-free living. Additionally, a basement walk-up to the oversize single garage ( 16' x 24' ), the large lot and second driveway, offer potential for one or two additional dwelling units. This home's outdoor setting is just as enticing. Enjoy the private backyard on the deck or in the sunroom and look out to your private little enclave. If you’re feeling like an adventure, a short stroll North or East will lead you to all of the recreational activities 'Pollinator Park' and 'Guelph Lake' have to offer. Enjoy outdoor adventures or peaceful walks in nature, all just moments from your doorstep. Don't miss the opportunity to own this exceptional property in a convenient location, combining modern comforts with a serene lifestyle. Schedule your viewing today and experience all that this remarkable home has to offer!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 16, 2024
Sold price information is available to members only
Listed Date11/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Aluminum Siding
Lot Size124 × 146 Acres
CountyWellington
Annual Tax$4,773.09
Legal DescriptionLOT 16, PLAN 449 ; TOWNSHIP OF GUELPH

Parking & Garage

Parking Spaces8.0
Garage Spaces7
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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692 SPEEDVALE Avenue, Guelph/Eramosa, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Rural Guelpheramosa East, Guelpheramosa.

Verified Local Data
Population165,588
Median Age39.6 Yrs
Ownership69% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
26%
Families with children
43%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English24%
Scottish21%
Irish20%
Canadian14%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 692 SPEEDVALE Avenue E, Guelph/Eramosa, ON N1E 6A1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$679,600
Monthly Mortgage$3,949
Property Tax (Est.)$398
Utilities & Maint.$350
Total Monthly Cost$4,697

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Guelph/Eramosa.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.