This property was sold on February 26, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Guelph/Eramosa West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $798,000 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.
BUILT to LAST (honestly!) in the 1950s, this solid bungalow sits amongst mature trees back from the road, perched on the hillside overlooking the river valley and city beyond. The vintage flair with European overtones can be adapted or done away with, but there's no arguing with the degree of care and workmanship that went into building this home. Two bedrooms on the main level, while a lower level office offers the versatility of a 3rd bedroom. The gleaming original bathroom with glass block window and black ceramic tile speaks to the meticulous care and pride of ownership given this one-owner home. Need room to spread out? The one-third acre lot offers space and freedom, and the fenced yard comes in handy for kids or pets. Need space for vehicles? There's the oversized double garage with workshop, triple width drive, and a ramp leading to the detached workshop in the back yard. An oversized upper deck is entertainment size, as is the sculpted rear patio. If you're looking for a keeper, this may well be it! Country on the edge of the city, with new pathways down the hill to the nearest coffee shop!
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This detached home located at 7216 WELLINGTON RD 124 Road, Guelph/Eramosa is currently for sale and has been available on SousaSells for 577 days. This property is listed at $798,000 with an estimated mortgage of $2,656* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 7216 WELLINGTON RD 124 Road, Guelph/Eramosa is in the Rural Guelph/Eramosa West neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Fenced Yard
Other, Water Heater Owned, Central Vacuum
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 7216 WELLINGTON RD 124 Road, Guelph/Eramosa, ON N1H 6J3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph/Eramosa.
About Purchasing a Home in Guelph/Eramosa, ON
For a property listed at $798,000 in Guelph/Eramosa, the legal minimum down payment is $54,800 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 $12,435 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 $12,435.
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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.