51 PRESTON Street, Guelph, ON

$499,900
MLS#:X10876473
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1 beds
1 baths
< 700 sqft
2.0 parking
Residential Freehold
Sold property - 1 Bed, 1 Bath Home at 51 PRESTON Street Guelph ON listed at $499,900 (MLS# X10876473) - Main View
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This property was sold on September 12, 2024. Listing is for reference only.
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Added:Jul 2, 2024(805 days ago)
Updated:Sep 12, 2024(733 days ago)
Last Checked:13 minutes ago

Property Highlights

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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Downtown. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 35.9 x 147 ft lot
  • Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient outside/surface configuration
  • Notable attributes: None
  • Efficient forced air heating

Description

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Adorable cozy one bedroom cottage on a fabulous deep lot. This hidden gem is perfect for a single professional or couple who enjoys living near all that beautiful downtown Guelph has to offer. This bungalow is bright and airy with lots of natural light coming in from the front windows two back doors. The back patio door leads to a private quiet deck in the backyard with mature trees and beautiful perennial gardens. Inside, over 700 SQ FT of finished space full of character and charm. Wide plank original wood floors in the living room and bedroom. A large porch, which has been enclosed to be part of the living area, comes with heated slate flooring for your comfort. At the back of the property there is storage and a great area for relaxing under the mature trees. Here you can enjoy nature right in the middle of the city. The depth of this lot should easily allow for an addition in the future, giving it lots of potential. Investors will also find that this property highly desirable as it has been very requested on Airbnb with an average income of $2400 per month. Further, with the shortage of housing for students this may also appeal to many parents who have a student coming to U of G and whom might wish to be off-campus. Many updates, including a new Furnace (2022), Dryer (2022), Fridge (2024) and Eaves through (2023). Don't miss out and come see this beautiful property during one of the Open Houses on Sat July 6th & Sun July 7th from 1 - 3 pm.

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Property Summary

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This detached home located at 51 PRESTON Street, Guelph is currently for sale and has been available on SousaSells for 805 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 1 bed, 1 bathroom, and is < 700 square feet. 51 PRESTON Street, Guelph is in the Downtown neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Downtown, Guelph.

Great for Small Household / Couples
What We Love About This Home
  • •1 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •< 700 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

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Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

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StatusSold
Sold price information is available to members only
AddedJul 2, 2024 (805 days ago)
UpdatedSep 12, 2024 (733 days ago)
Last Checked13 minutes ago
Transaction TypeFor Sale

Property Details

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Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementUnfinished, Crawl Space
Lot Size35.9 Ă— 147
CountyWellington
Annual Tax$3,008.78
Legal DescriptionPT LOT 54 & 55, PLAN 27 , AS IN ROS403716; S/T & T/W ROS403716 CITY OF GUELPH

Parking & Garage

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Parking Total2.0
Parking Space0
Garage TypeOutside/Surface

Heating & Cooling

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Heat TypeForced Air
CoolingNone

Features

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Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Guelph Homeowner & Seller AdvisoryVerified Sold Comp

What is your house worth in Guelph?

This property at 51 PRESTON Street, Guelph, ON has closed. If you own a home on this street or nearby in Guelph, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 51 PRESTON Street, Guelph, ON

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Q.What is the asking price for 51 PRESTON Street, Guelph, ON ?

The current listing price for 51 PRESTON Street, Guelph, ON in Downtown, Guelph is $499,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately < 700 sqft.

Q.What property type and architectural style is 51 PRESTON Street, Guelph, ON ?

51 PRESTON Street, Guelph, ON is a Detached (Bungalow) featuring a Unfinished, Crawl Space basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Outside/Surface).

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via None.

Location

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51 PRESTON Street, Guelph, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Downtown, Guelph

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 51 PRESTON Street, Guelph, ON N1H 3C2

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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.

Market Trend
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Downtown, Guelph Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Downtown, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$938,547

People & Families

Age Distribution

Household Composition

One-person households
28%
Families with children
42%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English28%
Canadian22%
Scottish20%
Irish19%

Best Schools in Downtown, Guelph

Elementary Schools

Central
Public97 Dublin Street North, Guelph, Ontario, N1H 4N2
7.6
Sacred Heart
Public125 Huron Street, Guelph, Ontario, N1E 5L5
6.3
King George
Public72 Lemon Street, Guelph, Ontario, N1E 2H5
7.7
John McCrae
Public189 Water Street, Guelph, Ontario, N1G 1B3
8.8
Victory
Public135 Exhibition Street, Guelph, Ontario, N1H 4R4
7.8

Secondary Schools

Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2
Our Lady of Lourdes
Public54 Westmount Road, Guelph, Ontario, N1H 5H7
4.6
John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7

Downtown, Guelph Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied68%
Rented32%

Need more details or a custom CMA?

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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.

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