$1,174,900

For sale

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7051 Fife Road, Guelph/Eramosa - Single Family for Sale

7051 Fife Road, Guelph/Eramosa, Ontario, N1H6J4

4 beds3 baths10 parking ft²

221 Barden Street, Guelph/Eramosa (Eden Mills), Ontario, N0B1P0

5 bd3 ba4 pk4,250 ft²Lot size 141 × 198 ft (27,805 sq ft)

Listed by REAL BROKER ONTARIO LTD.

142 Milne Place, Guelph/Eramosa (Rockwood), Ontario, N0B2K0

For saleJust listed

Today

$1.10M

142 Milne Place, Guelph/Eramosa (Rockwood), Ontario, N0B2K0

2 bd3 ba6 pk1,750 ft²Lot size 51 × 116 ft (5,911 sq ft)

Listed by Royal LePage Royal City Realty

185 Carters Lane, Guelph/Eramosa (Rockwood), Ontario, N0B2K0

For saleJust listed

Today

$600K

185 Carters Lane, Guelph/Eramosa (Rockwood), Ontario, N0B2K0

3 bd3 ba3 pk1,300 ft²Lot size 23 × 99 ft (2,247 sq ft)

Listed by RE/MAX Real Estate Centre Inc

393 Main Street South, Guelph/Eramosa (Rockwood), Ontario, N0B2K0

For saleJust listed

2 days ago

$715K

393 Main Street South, Guelph/Eramosa (Rockwood), Ontario, N0B2K0

4 bd2 ba6 pk1,750 ft²Lot size 66 × 121 ft (7,986 sq ft)

Listed by Royal LePage Royal City Realty

Investment analysis

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$1,174,900

Guelph/Eramosa

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218 × 198 ft (43,164 sq ft) lot size

Overview

This 4-bedroom, 3-bathroom home in Guelph/Eramosa is for sale offering roughly 1,750 sq ft of space. It has been on the market 9 days, fresher than the Guelph/Eramosa average of 106 days.

Houses for Sale in Guelph/Eramosa →All real estate in Guelph/Eramosa →

Description

Country space, city convenience! Welcome to 7051 Fife Road, ideally located just outside Guelph. This spacious 2,000+ sq. ft. sidesplit sits on a beautiful one-acre lot with a massive double-wide driveway and a two-car shop boasting ceiling height for a car hoist. Enjoy year-round comfort with gas boiler heating and forced-air A/C-the best of both worlds! (id:66096)

Property Details

MLS®: X14115906
Property Type: Single Family
Zoning: A
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 10
Interior Size: 1,750 ft²
Lot Size: 218 × 198 ft (43,164 sq ft)
Frontage: 218 ft
Basement: Separate entrance, Walk out, Walk-up, N/A, N/A, N/A
Heating: Natural gas, Other
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $6,773.69/yr
Listed: 9 days ago

Rooms

Main level

Dining room: 3.39 x 3.64 meters
Foyer: 3.75 x 1.8 meters
Kitchen: 3.39 x 5.03 meters
Living room: 3.63 x 6.07 meters

Second level

Bedroom: 1.35 x 1.85 meters
Bathroom: 2.79 x 3.47 meters
Bedroom: 2.56 x 4.64 meters
Bedroom: 4.53 x 3.12 meters
Bedroom: 3.11 x 3.3 meters
Primary Bedroom: 3.33 x 4.81 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Treatment, Window Coverings
Foundation: Concrete
Exterior: Brick, Vinyl siding

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Guelph/Eramosa listings, avg age

106d

Price / ft²

$671

List price

$1.17M

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.

Haho

This 4-bed single family in Guelph/Eramosa has been listed for 9 days, which is 97 days fresher than the city average of 106. Act while there is still low competition.

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Listed by M1 Real Estate Brokerage Ltd · MITCH MYERS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1H)

This home lists at $1,174,900, about 15.3× the local median household income of $77,000.

Carrying it typically needs a household income of about $229,499 (20% down, 25-yr amortization, stress-tested) — roughly 198% above the area median.

Median household income: $77,000
Population: 42,178
Median age: 41.2
Owner / renter: 54% / 46%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N1H)

$1,174,900· $671/ft²

For sale

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Full Cost Breakdown

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Down Payment7.87% · $92,490

Min 7.87%50%

Mortgage payment$6,001/mo

↳ CMHC premium ($43,296 capitalized)

Property tax (est.)$564/mo

Total monthly$6,566

Cash Needed to Close

Down payment (7.87%)$92,490

Land transfer tax$19,973

Est. closing costs$6,025

Total cash needed$118,488

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