705 Eramosa Road, Guelph, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of St. George's. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $7,999,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 633.79 x 754.67 ft lot size
Description
ATTENTION DEVELOPERS! Rare ~5.99-acre corridor site in the City of Guelph with outstanding redevelopment potential. Located at 705 Eramosa Rd, this property sits along a key intensification corridor and can support a range of residential forms (subject to municipal review). Close to Downtown Guelph, Guelph Lake, schools, parks, shopping and transit - an exceptional and flexible opportunity for builders, investors and developers in one of the city's most desirable locations. Consulting planner concept and data package available upon request.
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Property Summary
This vacant land located at 705 Eramosa Road, Guelph is currently for sale and has been available on SousaSells for 254 days. This property is listed at $7,999,999 with an estimated mortgage of $26,629* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 705 Eramosa Road, Guelph is in the St. George's neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 705 Eramosa Road, Guelph, ON N1E 5Z1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Guelph, ON
For a property listed at $7,999,999 in Guelph, the legal minimum down payment is $1,600,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $186,475 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $186,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.