Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Guelph/Eramosa East. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $729,500 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.
This fabulous, 1.13 ACRE property offers an INCREDIBLE OPPORTUNITY with potential for renovation or reconstruction. Nestled in a quiet hamlet between Rockwood and Erin, rests this original stone bungalow with an attached garage and an addition (age unknown). The home features an open concept kitchen and living room area with a wood burning fireplace (as is). Three bedrooms plus a den, a 3 piece bathroom, and laundry also occupy the main level. The sprawling lot also includes a barn, which is in need of repair, but currently functions as additional storage space. Conveniently located ~15 minutes to Guelph, Fergus, and Acton, and adjacent to a park, this could be the project youve been waiting for!
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This detached home located at 387 Evert Street, Guelph/Eramosa is currently for sale and has been available on SousaSells for 636 days. This property is listed at $729,500 with an estimated mortgage of $2,428* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 387 Evert Street, Guelph/Eramosa is in the Rural Guelph/Eramosa East neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.School, Park, Place Of Worship
Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 387 Evert Street, Guelph/Eramosa, ON N0B 2K0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph/Eramosa.
About Purchasing a Home in Guelph/Eramosa, ON
For a property listed at $729,500 in Guelph/Eramosa, the legal minimum down payment is $47,950 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 $11,065 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 $11,065.
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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.