400 WILSON Street, Guelph/Eramosa, ON

$999,000
MLS#:X10875518
5 beds
2 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Other detached located in the coveted neighborhood of Eden Mills. Expertly crafted featuring premium aluminum siding and wood construction, this residence presents an exceptional opportunity offered at $999,000 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.

  • 5 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2500-3000 sqft
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Central Vacuum
  • Efficient forced air heating via oil

Description

Welcome to this eclectic 4+ bedroom home, situated on the banks of the Eramosa River and set upon a huge pie-shaped lot with western exposure in the quiet village of Eden Mills. South-facing great room and a large eat-in kitchen. This is the ultimate spot for nature lovers, as you can enjoy your morning cup while listening to the soothing sounds of the river or birds chirping, spot the many animals that pay a visit to this part of the county, or catch those gorgeous Ontario sunsets over the trees. Eden Mills is home to the annual Writer's Festival, an event that brings together young and old, which showcases Canadian authors and their works! If you are looking for a project where you can explore your ideas, and truly "create" a place to call your own, or if you are looking for a project that can be transformed into a wonderful home/studio/office, this might be the place for you! Potential is not just a word here, it is reality!

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Property Summary

This detached home located at 400 WILSON Street, Guelph/Eramosa is currently for sale and has been available on SousaSells for 659 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 5 beds, 2 bathrooms, and is 2500-3000 square feet. 400 WILSON Street, Guelph/Eramosa is in the Eden Mills neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 31, 2024
Sold price information is available to members only
Listed Date9/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionAluminum Siding, Wood
BasementNone
CountyWellington
Annual Tax$4,798.95
Legal DescriptionLT 1 PL 69 DAVIDSON'S SURVEY ERAMOSA; GUELPH-ERAMOSA

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceOil
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Water Heater Owned, Central Vacuum

Security Features

Smoke Detector

Community Features

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Location

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400 WILSON 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 400 WILSON Street, Guelph/Eramosa, ON N0B 1P0

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$299,700 (30.0%)
* Minimum Canadian down payment required for this price is $74,900.
Amortization Period30 Years
Estimated Monthly Payment$3,325Based on a loan of $699,300 over 30 years.
Purchase Price$999,000
Loan Amount$699,300
Provincial Land Transfer Tax:$16,455
Total Estimated Closing Taxes:$16,455

About Purchasing a Home in Guelph/Eramosa, ON

For a property listed at $999,000 in Guelph/Eramosa, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.

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City & Neighborhood Guide

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

Verified Local Data
City Population13,925
City Median Age42.8 Yrs
City Ownership90% Owners
Avg Area List Price$1,270,084

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.