118 Alma Street, Guelph/Eramosa, ON

$1,299,000
MLS#:X11946945
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable investment located in the coveted neighborhood of Rockwood. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,299,000 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
  • Spacious lot size measured in Feet
  • Convenient outside/surface garage included
  • equipped with yes central cooling and highly efficient gas forced air closed heating

Description

+/- 2,400 sf Commercial/Retail/Office space in Guelph/Eramosa. Garage can be built (Extra). Hwy 7 exposure in the Downtown area. C2 Village Service commercial zoning allows for many uses. Fully renovated. **EXTRAS** Please Review Available Marketing Materials Before Booking A Showing. Please Do Not Walk The Property Without An Appointment.

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Key Features

Property Type
Commercial

Additional Details

StatusPrice Change
Listed Date1/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
CountyWellington
Annual Tax$7,412
Legal DescriptionLT 19 BLK B PL 150 STRANGE'S SURVEY ROCKWOOD ERAMOSA; PT LT 15 BLK B PL 150 STRANGE'S SURVEY ROCKWOOD ERAMOSA; PT LT 16 BLK B PL 150 STRANGE'S SURVEY ROCKWOOD ERAMOSA AS IN ROS568933; GUELPH-ERAMOSA

Parking & Garage

Garage Spaces10
Garage TypeOutside/Surface

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingYes

Features

Property Features

Interior Features

Security Features

No

Community Features

Public Transit

Location

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118 Alma Street, Guelph/Eramosa, ON
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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 118 Alma Street, Guelph/Eramosa, ON N0B 2K0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph/Eramosa.

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Interest Rate5.25%
Down Payment$259,800 (20.0%)
* Minimum Canadian down payment required for this price is $259,800.
Amortization Period25 Years
Estimated Monthly Payment$6,193Based on a loan of $1,039,200 over 25 years.
Purchase Price$1,299,000
Loan Amount$1,039,200
Provincial Land Transfer Tax:$22,455
Total Estimated Closing Taxes:$22,455

About Purchasing a Home in Guelph/Eramosa, ON

For a property listed at $1,299,000 in Guelph/Eramosa, the legal minimum down payment is $259,800 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 $22,455 for this transaction. As this listing is in Guelph/Eramosa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,455.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rockwood, Guelph/Eramosa.

Verified Local Data
City Population13,925
City Median Age42.8 Yrs
City Ownership90% Owners
Avg Area List Price$1,059,590

People & Families

Age Distribution

Household Composition

One-person households
14%
Families with children
52%
Couples without children
32%
Other households
2%

Top Ethnic Origins

English32%
Canadian26%
Scottish24%
Irish23%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied90%
Rented10%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.