5719 Wellington Street, Guelph/Eramosa, ON
Property no longer active
This property was sold on September 12, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Rural Guelph/Eramosa East. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $989,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 500.68 x 2420 ft lot size
- Notable attributes: None
Description
Perfectly situated between Guelph and Fergus, this 18 acre property is ready for you to build your dream country estate. Located at the corner of Third Line and Sideroad 20, this property brings you the benefit of being on a quiet paved road while not being far away from the amenities that Guelph and Fergus have to offer. The possibilities to be found here are endless - including building a home with a walkout basement, overlooking the river that runs along the back of the property line. GRCA approved an application to construct a single residential dwelling with an attached garage, installing a septic and extending the driveway back in 2013. Opportunities to build your dream home on a lot like this don't come often, contact your realtor today for more information.
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Property Summary
This vacant land located at 5719 Wellington Street, Guelph/Eramosa is currently for sale and has been available on SousaSells for 714 days. This property is listed at $989,900 with an estimated mortgage of $3,295* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 5719 Wellington 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.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5719 Wellington Street, Guelph/Eramosa, ON K7S 3G8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Guelph/Eramosa, ON
For a property listed at $989,900 in Guelph/Eramosa, the legal minimum down payment is $73,990 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 $16,273 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 $16,273.
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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.