5832 FOURTH Line, Guelph/Eramosa, ON

$1,370,000
MLS#:X10876401
3 beds
2 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Guelph/Eramosa East. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $1,370,000 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 1500-2000 sqft
  • Features a walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

IDEAL FOR IN-LAWS TO LIVE WITH YOU HERE...!! It's not your usual 5 acre property! Over 900 ft frontage so property not narrow at front & long depth like an "airport strip". Nature is all around you in this quiet, private tranquil setting with your own spring fed pond. A beautiful perennial garden greets you at front door. Wildwinds Golf course is "around the corner". Due to a fire in 2016 the house was completely destroyed but was totally rebuilt in 2017 thus making the house only 6 years old so any replacements(roof, furnace etc) are not in near future. Huge rear deck (16x42ft) with propane BBQ hookup. Lower patio & stairs 2020. Insulated 30ftX20ft bldg (shop area 18x20Ft& sunroom/office 12x20ft) (2007). Small open concept barn with hydro & water. Well cleaned (well head upgrade)& retrofit with an in well pump Oct. 2019. Iron & sulphur filter. UV light installed 2021.Rear deck(2017)16x42 ft, lower patio and stairs completed in 2020.Gutter protection eavestroughs (2020). This style of home could easily lend itself to an in-law suite. Do walk the pathways & enjoy natural setting. Goldfish pond with waterfall. Room sizes/sq ft from iguide. PLEASE NOTE RE sq ft: most of lower (main) level is above grade. Total iguide sq ft ABOVE ground is 1850sq ft. Lower(main) level 868.84 sq ft & second level up is 981.54 sq ft. NOTE: Part of property is governed by the GRCA (Grand River Conservations Authority) and you cannot build on that area or cut down trees. Map available. 10 minutes only to Guelph or Fergus

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Property Summary

This detached home located at 5832 FOURTH Line, Guelph/Eramosa is currently for sale and has been available on SousaSells for 776 days. This property is listed at $1,370,000 with an estimated mortgage of $4,560* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 5832 FOURTH 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
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date5/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionConcrete, Brick
BasementWalk-Out, Finished
CountyWellington
Annual Tax$4,244.62
Legal DescriptionPT LT 24 CON 3 ERAMOSA PART 1 , 61R1961; GUELPH-ERAMOSA

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Fenced Yard

Interior Features

None

Security Features

Community Features

Location

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5832 FOURTH 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 5832 FOURTH 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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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$411,000 (30.0%)
* Minimum Canadian down payment required for this price is $274,000.
Amortization Period30 Years
Estimated Monthly Payment$4,560Based on a loan of $959,000 over 30 years.
Purchase Price$1,370,000
Loan Amount$959,000
Provincial Land Transfer Tax:$23,875
Total Estimated Closing Taxes:$23,875

About Purchasing a Home in Guelph/Eramosa, ON

For a property listed at $1,370,000 in Guelph/Eramosa, the legal minimum down payment is $274,000 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 $23,875 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 $23,875.

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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.