$1,025,000
Guelph/Eramosa
5543 7th Line, Guelph/Eramosa, Ontario, N0B2K0
This 5-bedroom, 2-bathroom home in Guelph/Eramosa is for sale offering roughly 2,750 sq ft of space. Listed at $1,025,000, it is attractively priced about 7% below the $1,099,990 median asking price in Guelph/Eramosa. It has been on the market 40 days, fresher than the Guelph/Eramosa average of 107 days.
A Rare and Truly Special Opportunity in Picturesque Rockwood! Discover the charm, space and incredible potential of this unique property offering two separate dwelling units on an exceptional 200' x 200' lot -nearly an acre of private, scenic country living. Whether you're looking for a smart investment, a multi-generational family home, or a property with room to grow and make your own, this one-of-a-kind offering presents possibilities that are increasingly hard to find. This super-charming bungalow features two semi-style units under one address, providing exceptional flexibility for today's lifestyle. Live comfortably in one unit while generating rental income from the other, or bring extended family together while maintaining the convenience and privacy of separate living spaces. It's an ideal setup for families, investors, first-time buyers looking for additional income, or anyone seeking a property with versatile living arrangements. Set on an incredible 200' x 200' lot, the surrounding mature trees create a wonderfully private and peaceful setting, with plenty of natural beauty and space to enjoy. Natural light fills the home, adding warmth and character throughout. The expansive lot offers endless possibilities for outdoor enjoyment, gardening, entertaining, or simply relaxing and appreciating the tranquil country atmosphere. A major bonus is the impressive 24' x 32' detached garage/workshop, offering abundant room for vehicles, equipment, recreational toys, hobbies, a workshop, or additional storage - with plenty of space left over. Whether you're a car enthusiast, hobbyist, tradesperson, or simply need serious storage, this versatile structure is sure to impress. The home itself is ready for a new owner with a vision to modernize, update and personalize this solid and distinctive property, creating something truly special while taking advantage of the remarkable lot and setting. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 40 days on market, against an average age of 107 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 38 days on the market over the past year, against a median of 48 days across the markets we publish.
This 5-bed single family in Guelph/Eramosa has been listed for 40 days, which is 67 days fresher than the city average of 107. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,025,000, about 8.5× the local median household income of $120,000.
Carrying it typically needs a household income of about $200,218 (20% down, 25-yr amortization, stress-tested) — roughly 67% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0B)
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