264 Alma Street, Guelph/Eramosa, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Rockwood. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $460,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 800-899 sqft
- 2.0 total parking spaces available
- Notable attributes: Water Heater, Water Heater Owned
- equipped with wall unit(s) central cooling and highly efficient forced air heating via gas
Description
Welcome to 264 Alma Street, a bright and beautiful top floor corner unit in the heart of Rockwood, where privacy, natural light, and lifestyle come together. This 2 bedroom, 1 bathroom condo stands out from the moment you walk in. Positioned on the third floor with only one shared wall, and bedrooms that do not back onto any neighbouring units, this home offers a level of quiet and separation that is rarely found in condo living. Recent updates include new flooring and trim throughout, along with a newly installed owned hot water tank, providing both style and peace of mind. The west facing exposure fills the space with natural light and offers stunning sunset views that make the home feel warm and inviting year round. One of the most unique features is the inclusion of two owned parking spaces, a rare and valuable bonus that adds everyday convenience and long term value. Set in the centre of Rockwood, this location offers more than just a home, it offers a lifestyle. Just steps to the Rockwood Conservation Area, you can enjoy hiking trails, caves, scenic lookouts, and year round outdoor activities. Walk to local shops, restaurants, schools, and all the charm this tight knit community is known for, while still being within easy reach of Guelph, Acton, and commuter routes. Whether you are a first time buyer, downsizer, or investor, this is a rare opportunity to own a top floor corner unit in Rockwood.
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Pricing & Value Insights
Data-driven valuation for 264 Alma Street 301, Guelph/Eramosa, ON N0B 2K0
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About Purchasing a Home in Guelph/Eramosa, ON
For a property listed at $460,000 in Guelph/Eramosa, the legal minimum down payment is $23,000 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 $5,675 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 $5,675.
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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.