Massive Workshop on Deep Lot in St. Patrick's Ward

Property details for 183 Elizabeth Street, Guelph

Type: Multi-family
Style: Raised bungalow
Bedrooms: 4
Bathrooms: 2
Lot Size: 33 x 265 FT
Stories: 1
Basement: Full
Parking: Detached Garage, Garage
Heating: Baseboard heaters, Radiant heat, Natural gas
Cooling: Air exchanger, Ventilation system
Exterior: Brick, Vinyl siding
Annual Taxes: $6,024

St. Patrick's Ward, right near downtown Guelph. You're a 15-minute walk from The Sleeman Centre and 1.4 km to the Farmers' Market. This raised bungalow sits on a 33 x 265 foot lot, so the backyard is long and private, giving you room to roam. The house itself came fully renovated with a cool modern-rustic vibe. Inside it's about 2,000 sq ft across two levels, with 3 bedrooms and a full bath up top, plus a legal suite in the basement with its own bedroom and bath. The kitchen has custom knotty pine cabinets and quartz counters, an industrial fridge, and a big island. There's a gas fireplace in the living room and the main floor includes laundry and a mudroom. Downstairs, the rental unit has separate heating controls, a rec room that's perfect for movie night, and a den. Heating is electric baseboard with radiant heat, so it's efficient and cozy. Outside, the detached 800 sq ft workshop is a real standout, for a home business or serious hobby space. Parking is a no-brainer with 9 spots total, plus a detached garage. With a 2018 renovation, everything is updated, from insulation to drywall to custom doors. Taxes run $6,024 a year. This is a solid investment property in a great location.

About 183 Elizabeth Street, Guelph — Property Score

Great Location

Score: 64/100

Value

Priced 10.1% above area median of $899,000 based on 227 comparable properties nearby 55

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

2 bathrooms - 1 fewer than similarly priced properties nearby 48

8,745 sqft lot - a generous lot for the area 78

Location

$55K median household income - below the Canadian average of $70K 58

77% of residents hold postsecondary credentials - a highly educated neighbourhood 86

67% homeownership rate - a balanced mix of owners and renters 77

70% of residents commute under 30 minutes - excellent commuter accessibility 86

2,591/km² population density - a well-balanced suburban area 96

Market

Just listed - area average is 53 days on market 100

-4.8% median price change over 1 month - declining prices in the area 26

29.2 months of housing supply - 292 active listings with 10 sold last month (buyer's market) 40

Features

9-car garage - more than the area average of 4.1 spots 95

Full basement 55

premium radiant heating system 85

Air exchanger, Ventilation system 60

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.61% effective tax rate ($6,024/yr) - below the Canadian average of ~1% 82

33% renter population - moderate rental market 70

Quality

Condition

Listing

47 photos provided - 15% more than the area average of 41 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.