249 Ridge Road, Guelph/Eramosa, ON

$995,000
MLS#:X12991992
3 beds
3 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rockwood. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $995,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 51 x 131 ft lot
  • Features a full, finished 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, Built-In Oven, Countertop Range
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 249 Ridge Road, a beautifully maintained 20-year-old bungalow offering exceptional curb appeal in a peaceful neighbourhood just a short walk from the heart of Rockwood. This one-owner home has been impeccably cared for and features nearly 1,800 square feet on the main floor, providing outstanding accessibility and comfort for a wide range of buyers. The thoughtfully designed layout includes a spacious primary bedroom with a walk-in closet and a private 4-piece ensuite, along with a second main floor bedroom and an additional 4-piece bathroom. The expansive open-concept living space showcases a formal living and dining room, as well as a bright eat-in kitchen that overlooks the inviting family room complete with a cozy gas fireplace. Outside, enjoy a large fully fenced yard, perfect for entertaining or relaxing, along with a double car garage and double wide driveway offering ample parking. The fully finished basement extends the living space even further, featuring a generous rec room, an additional bedroom, a third bathroom, a hobby room, and a large utility room with abundant storage. This is a fantastic opportunity to own a spacious, move-in ready home in a sought-after location.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 19, 2026
Sold price information is available to members only
Listed Date4/13/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementFull, Finished
Lot Size51 × 131 Feet
CountyWellington
Annual Tax$5,771.44
Legal DescriptionLOT 49, PLAN 61M77, GUELPH-ERAMOSA.; S/T RIGHT TO ENTER IN FAVOUR OF S EATON ROCKWOOD LIMITED FOR (7) SEVEN YEARS FROM 2003 05 15 FOR THE PUR POSES AS IN WC26428

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, Built-In Oven, Countertop Range, Primary Bedroom - Main Floor, Water Softener, Storage

Security Features

Community Features

Location

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249 Ridge Road, 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 249 Ridge Road, 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.

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Interest Rate5.25%
Down Payment$74,500 (7.5%)
* Minimum Canadian down payment required for this price is $74,500.
Amortization Period25 Years
Estimated Monthly Payment$5,485Based on a loan of $920,500 over 25 years.
Purchase Price$995,000
Loan Amount$920,500
Provincial Land Transfer Tax:$16,375
Total Estimated Closing Taxes:$16,375

About Purchasing a Home in Guelph/Eramosa, ON

For a property listed at $995,000 in Guelph/Eramosa, the legal minimum down payment is $74,500 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 $16,375 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 $16,375.

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$1,061,852

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.