168 Parkinson Drive, Guelph/Eramosa, ON

$1,499,900
MLS#:X8473466
5 beds
5 baths
2500-3000 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 9, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Rockwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,900 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.

  • 5 Bedrooms and 5 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 49.21 x 146.82 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, In-Law Suite, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

OPEN SPACES, INGROUND POOL, IN-LAW SUITE!! Welcome to your dream retreat in Rockwood, Ontario! Nestled on a serene dead-end street, this stunning bungaloft offers the perfect blend of luxury and comfort. Step into the main floor featuring a spacious primary bedroom boasting cork flooring and a modern 4-piece ensuite, while the open concept living room with a skylight and gas fireplace creates an inviting ambiance.The separate dining room exudes elegance with hardwood flooring and a coffered ceiling, perfect for hosting intimate gatherings. Need extraspace? The main floor office easily converts into another bedroom. Entertain effortlessly in the large kitchen with vaulted ceilings, island, and an eating area overlooking the living room. Step outside to your private oasis - a raised deck with a spiral staircase leading to the patio and pool deck, all overlooking a picturesque farmer's field. Upstairs, discover two spacious bedrooms, a 4-piece bathroom, and a large family room with cork flooring. The basement boasts an in-law suite with a walk-out to the patio, complete with a bright kitchen, living room, office/hobby room, recreation room, and a large bedroom with a separate ensuite bath. Plus, enjoy sunny days by the inground pool, making every day feel like a vacation. Don't miss this opportunity to own your slice of paradise in Rockwood!

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Property Summary

This detached home located at 168 Parkinson Drive, Guelph/Eramosa is currently for sale and has been available on SousaSells for 752 days. This property is listed at $1,499,900 with an estimated mortgage of $4,993* per month. It has 5 beds, 5 bathrooms, and is 2500-3000 square feet. 168 Parkinson Drive, Guelph/Eramosa is in the Rockwood neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
5
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 9, 2024
Sold price information is available to members only
Listed Date6/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungaloft
ConstructionBrick
BasementFinished with Walk-Out, Full
Lot Size49.21 × 146.82 Feet
CountyWellington
Annual Tax$7,560.77
Legal DescriptionLOT 18, PLAN 61M128, GUELPH-ERAMOSA; S/T EASEMENT AS IN WC96343

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, In-Law Suite, Primary Bedroom - Main Floor, Sump Pump, Water Softener

Security Features

Community Features

Location

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168 Parkinson Drive, 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 168 Parkinson Drive, 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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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$449,970 (30.0%)
* Minimum Canadian down payment required for this price is $299,980.
Amortization Period30 Years
Estimated Monthly Payment$4,993Based on a loan of $1,049,930 over 30 years.
Purchase Price$1,499,900
Loan Amount$1,049,930
Provincial Land Transfer Tax:$26,473
Total Estimated Closing Taxes:$26,473

About Purchasing a Home in Guelph/Eramosa, ON

For a property listed at $1,499,900 in Guelph/Eramosa, the legal minimum down payment is $299,980 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 $26,473 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 $26,473.

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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$1,152,977

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.