7244 Wellington Road 124 Road, Guelph/Eramosa, ON

$699,900
MLS#:X12456011
4 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 12, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Rural Guelph/Eramosa West. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $699,900 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 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 118.62 x 438.58 ft lot
  • Features a full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • Efficient radiant heating via gas

Description

Incredible property and potential, 1.72 acre lot just outside the City limits, 1550 square foot brick storey and a half boasts 4 bedrooms, 3 bathrooms and 2 kitchens, great bones but needs work. Double garage with workshop behind, large fenced dog run, new well in 2011, new boiler 2022. Parking for 4 or 5 vehicles. 118 foot frontage on Wellington Road 124 - this 1.72 acre lot rises to a level forested area - the L shaped lot dimensions are 118x438x207x279x87x160.

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Property Summary

This detached home located at 7244 Wellington Road 124 Road, Guelph/Eramosa is currently for sale and has been available on SousaSells for 280 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 7244 Wellington Road 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.

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 12, 2025
Sold price information is available to members only
Listed Date10/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBrick, Aluminum Siding
BasementFull, Separate Entrance
Lot Size118.62 × 438.58 Feet
CountyWellington
Annual Tax$5,411
Legal DescriptionPt Lt C Con 2 Division E Guelph Township as in RO815613; Guelph-Eramosa

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingNone

Features

Property Features

Wooded/Treed

Interior Features

Primary Bedroom - Main Floor

Security Features

None

Community Features

Location

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7244 Wellington Road 124 Road, 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 7244 Wellington Road 124 Road, Guelph/Eramosa, ON N1H 6J3

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$209,970 (30.0%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,930 over 30 years.
Purchase Price$699,900
Loan Amount$489,930
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Guelph/Eramosa, ON

For a property listed at $699,900 in Guelph/Eramosa, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population13,925
City Median Age42.8 Yrs
City Ownership90% Owners
Avg Area List Price$1,405,726

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.