5777 THIRD Line, Guelph/Eramosa, ON

$1,299,000
MLS#:X10422890
3 beds
2 baths
1100-1500 sqft
12.0 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 aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,299,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 135.01 x 398.47 ft lot
  • Features a unfinished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

COUNTRY CUTE! Welcome to 5777 Third Line located in the small community of Birge Mills in Guelph/Eramosa. This property has had extensive upgrades done including but not limited too; 50X60 workshop WITH HYDRO, new propane furnace & air conditioner, new septic tank, new water treatment system with a tankless (owned) water heater, new deck, patterned concrete walkway, windows and doors replaced, detached garage (with hydro) with mezzanine for storage, fresh outdoor landscaping, new well, new driveway, generator..and MORE! Three bedrooms located on the upper level as well as an updated 3-piece bathroom. Main level offering your dining and living room space with a new wood burning fireplace, great flow into your remodeled kitchen with stunning marble backsplash & granite countertops, and a cozy family room with easy access to your deck. Enjoy the 1.3 acres of peace and privacy living here! Don't miss the opportunity to come see what this property has to offer before it is gone.

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Property Summary

This detached home located at 5777 THIRD Line, Guelph/Eramosa is currently for sale and has been available on SousaSells for 678 days. This property is listed at $1,299,000 with an estimated mortgage of $4,324* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 5777 THIRD 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
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date9/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding, Vinyl Siding
BasementUnfinished, Partial Basement
Lot Size135.01 × 398.47
CountyWellington
Annual Tax$5,071.31
Legal DescriptionPART OF LOT 22, CONCESSION 3 ERAMOSA DESIGNATED AS PART 2, 61R-21350; TOWNSHIP OF GUELPH-ERAMOSA

Parking & Garage

Parking Spaces12.0
Garage Spaces11
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned, Water Softener

Security Features

Community Features

Location

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5777 THIRD 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 5777 THIRD 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$389,700 (30.0%)
* Minimum Canadian down payment required for this price is $259,800.
Amortization Period30 Years
Estimated Monthly Payment$4,324Based on a loan of $909,300 over 30 years.
Purchase Price$1,299,000
Loan Amount$909,300
Provincial Land Transfer Tax:$22,455
Total Estimated Closing Taxes:$22,455

About Purchasing a Home in Guelph/Eramosa, ON

For a property listed at $1,299,000 in Guelph/Eramosa, the legal minimum down payment is $259,800 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 $22,455 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 $22,455.

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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.