279 Geddes St
Elora/Salem, Centre Wellington, N0B 1S0
FOR SALE
$1,649,900
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BEDROOMS4
BATHROOMS1
KITCHENS12 + 8
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Property Description
Welcome to 279 Geddes, where the seamless fusion of historical charm and contemporary elegance creates a truly stunning residence. This home was meticulously reinvented in 2017 and has since received numerous enhancements that continue to captivate admirers. From the moment you arrive, youll notice the perfect blend of classic and modern design that has made this property a local landmark. Inside, the thoughtful layout offers four bedrooms above grade, including a versatile main-floor bedroom that could easily serve as a second primary suite. The open-concept living areas feature soaring ceilings that flood the space with natural light, and they overlook a completely private, professionally landscaped backyard designed for seasonal living. The oversized double car garage and large laundry/mud room emphasize the homes functional design, ensuring convenience and ease.The kitchen is a culinary enthusiasts dream, soon to be enhanced with a custom coffee bar to elevate the space even further. The second floor is a sanctuary unto itself, with a luxurious primary suite and additional bedrooms. Meanwhile, the professionally finished basement provides a flexible space perfect for a rec room, home gym, yoga studio, or art space the options are endless. Located in the heart of Elora, this home is within walking distance of all the town's charming amenities. To truly appreciate the beauty and charm of 279 Geddes, it must be seen in person. Dont miss the opportunity to experience this extraordinary home. Seeing is believing and this home has to be seen in person to be truly appreciated.
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Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
67' x 165'
Acreage
< .50
Fronting
East
Taxes
$6,551 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 11.55' x 18.31' | |
| Kitchen | Main | 16.73' x 9.97' | |
| Laundry | Main | 10.99' x 5.97' | |
| Living | Main | 16.67' x 31.89' | |
| Office | Main | 12.14' x 14.57' | |
| Br | 2nd | 11.98' x 14.63' | |
| Br | 2nd | 6.56' x 12.63' | |
| Prim Bdrm | 2nd | 13.98' x 18.80' | 5 Pc Ensuite |
| Utility | Bsmt | 3.90' x 11.25' | |
| Foyer | Main | 12.27' x 6.99' |
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Centre Wellington Market Statistics
Centre Wellington Price Trend
279 Geddes St is a 3-bedroom 4-bathroom home listed for sale at $1,649,900, which is $883,651 (115.3%) higher than the average sold price of $766,249 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 3 bedroom home in Centre Wellington declined by $7,251 (0.9%) compared to the previous 30 day period (July 9 - August 7) and down $170,103 (18.2%) from the same time one year ago.Inventory Change
There were 13 3-bedroom homes listed in Centre Wellington over the last 30 days (August 8 - September 6), which is down 0.0% compared with the previous 30 day period (July 9 - August 7) and up 30.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Centre Wellington typically sold ($24,683) (3.2%) below asking price over the last 30 days (August 8 - September 6), which represents a $4,746 decrease compared to the previous 30 day period (July 9 - August 7) and ($5,751) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Centre Wellington over the last 30 days (August 8 - September 6) stood at 92.3%, down from 123.1% over the previous 30 days (July 9 - August 7) and down from 170.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Centre Wellington stood at 29 days when successfully sold over the last 30 days (August 8 - September 6), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Royal City Realty Ltd.
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