$1,799,999

For sale

8554 Hwy 7 Road, Guelph/Eramosa (Rockwood) - Single Family for Sale

8554 Hwy 7 Road, Guelph/Eramosa (Rockwood), Ontario, N0B2K0

6 beds3 baths22 parking2,250 ft²188 × 251 ft (1.08 acres) lot sizeListed 29 days ago

Overview

This 6-bedroom, 3-bathroom home in Guelph/Eramosa is for sale offering roughly 2,250 sq ft of space. It has been on the market 29 days, fresher than the Guelph/Eramosa average of 122 days.

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

Description

Welcome To 8554 Hwy 7 Rockwood . Great Property Zoned Residential & 40% Industrial Delightful 5+1 Br/3 Washrooms County Home & A Legal Business/Shop On Your Own Property. Legal Non-Confirming Res + Rural Industrial M1 Zone (H). NE CornerHw7/Fellows Rd. Property Have Natural Gas. Existing Workshop Area And Future Addons Can Be Used For Any M1 Zoning Purposes. Great Exposure To HWY And Passing Traffic For Drawing Attention For Any Business Purpose. House have 150 Amps & Workshops Have 50 Amps. Total In 200 Amps service on Property, 19X35 Feet Workshop With 12 Feet Door Workshop is insulated, Concrete Floor and Wood Stove Heating. Great Well Water Quality, Mature Trees And Beautiful natural Views. Two Entrances From Front And Back. Plenty Of Parking Spaces. 20 Mins to 401 & Milton. **EXTRAS** All Elf's, Fridge, Stove, Dishwasher, Washer, Dryer, Hot Water Tank Owned, Water Softener With UV Treatment Unit, Central Vacuum, Pantry In The Kitchen. New Pump Installed In The Drill Well. (id:66096)

Property Details

MLS®: X13869750
Property Type: Single Family
Zoning: Residential/Rural Industrial M1 (H)
Bedrooms: 6
Beds (above / below): 5 above · 1 below
Bathrooms: 3
Parking: 22
Interior Size: 2,250 ft²
Lot Size: 188 × 251 ft (1.08 acres)
Frontage: 188 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 5.71 x 5 meters
Dining room: 4.68 x 3.12 meters
Kitchen: 6.36 x 3.44 meters
Family room: 4.77 x 4.65 meters

Second level

Primary Bedroom: 4.63 x 3.94 meters
Bedroom 2: 3.72 x 2.78 meters
Bedroom 3: 3.72 x 2.71 meters
Bedroom 4: 3.72 x 3.04 meters
Bedroom 5: 3.34 x 3.43 meters

Basement

Features

Appliances: Central Vacuum
Flooring: Carpeted, Vinyl
Foundation: Concrete
Exterior: Brick, Aluminum siding
Lot Features: Wooded area

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Guelph/Eramosa (Rockwood) listings, avg age

122d

Price / ft²

$800

List price

$1.80M

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 6-bed single family in Guelph/Eramosa (Rockwood) has been listed for 29 days, which is 93 days fresher than the city average of 122. Act while there is still low competition.

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Listed by HOMELIFE MAPLE LEAF REALTY LTD. · GURSHARAN BAJWA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0B)

This home lists at $1,799,999, about 15.0× the local median household income of $120,000.

Carrying it typically needs a household income of about $351,603 (20% down, 25-yr amortization, stress-tested) — roughly 193% above the area median.

Median household income: $120,000
Population: 86,919
Median age: 42.8
Owner / renter: 88% / 12%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N0B)

$1,799,999· $800/ft²

For sale

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Full Cost Breakdown

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Down Payment20.00% · $359,999.80

Min 20.00%50%

Mortgage payment$7,677/mo

Property tax (est.)$467/mo

Total monthly$8,143

Cash Needed to Close

Down payment (20.00%)$360,000

Land transfer tax$32,475

Est. closing costs$7,900

Total cash needed$400,375

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