5776 7th Line, Guelph/Eramosa, ON

$1,419,900
MLS#:X9375795
4 beds
4 baths
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Rural Guelph/Eramosa East. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,419,900 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.

  • 4 Bedrooms and 4 Bathrooms
  • Premium 150 x 325 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, In-Law Capability, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Fabulous, private country retreat on 1.12 acres with perennial gardens, and mature trees. Over 3300 sq feet of finished space in this custom, quality built bungaloft. This home has been updated top to bottom. Bright and inviting Kitchen with newer stainless appliances, breakfast bar and large pantry. Here you have the flexibility of both a dining space in the Kitchen, plus breakfast bar and the current office space could be a formal dining room - or keep it as a home office. The impressive Living room boasts soaring high ceilings and fireplace with stone work that extends to the cathedral ceiling. Extra tall windows allow the daylight to flood the space. A Main floor primary suite with a gorgeous 5 pc ensuite, and walk in closet with custom organizers. Finishing off this level is a 2 pc powder room, a front door entry with foyer and a side door entry with a convenient 12 ft 9 by 5 ft 10 mudroom. The second level offers a newly updated 4 pc bath and two large bedrooms. The Basement provides for a 4th bedroom, welcoming family room with fireplace, 3pc bath, a finished laundry room and a massive recreation room that could have a multitude of uses - movie room, games room, gym, or even a 5th bedroom. Outside you'll love the gardens, wide open grassy spaces, two tiered rear deck with motorized awning! There is an incredible 2 year old swim spa with hot tub and lots of space for all your guests to kick back and relax. Need a break from the sun, there is an enclosed 3 season gazebo too. Don't forget the fire pit, great for the evening part of your gatherings and also a large shed. So much to list! There is even an oversized 2 car garage and extra long paved driveway for plenty of parking. This beautiful jewel is ready, book your showing today.

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Property Summary

This detached home located at 5776 7th Line, Guelph/Eramosa is currently for sale and has been available on SousaSells for 658 days. This property is listed at $1,419,900 with an estimated mortgage of $4,726* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 5776 7th Line, 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

Bedrooms
4
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 12, 2024
Sold price information is available to members only
Listed Date9/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBrick, Vinyl Siding
BasementFinished
Lot Size150 × 325 Feet
CountyWellington
Annual Tax$6,404.66
Legal DescriptionPT LT 22 CON 6 ERAMOSA PT2, 61R3815; GUELPH-REAMOSA

Parking & Garage

Parking Spaces10.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, In-Law Capability, Primary Bedroom - Main Floor, Propane Tank, Sump Pump, Water Heater

Security Features

Community Features

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Location

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5776 7th Line, 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 5776 7th Line, 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 Rate4.00%
Down Payment$425,970 (30.0%)
* Minimum Canadian down payment required for this price is $283,980.
Amortization Period30 Years
Estimated Monthly Payment$4,726Based on a loan of $993,930 over 30 years.
Purchase Price$1,419,900
Loan Amount$993,930
Provincial Land Transfer Tax:$24,873
Total Estimated Closing Taxes:$24,873

About Purchasing a Home in Guelph/Eramosa, ON

For a property listed at $1,419,900 in Guelph/Eramosa, the legal minimum down payment is $283,980 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 $24,873 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 $24,873.

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City & Neighborhood Guide

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

Verified Local Data
City Population13,925
City Median Age42.8 Yrs
City Ownership90% Owners
Avg Area List Price$1,664,428

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.