7091 Fife Road, Guelph/Eramosa, ON
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Property Highlights
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 $1,250,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a spacious lot (Acres)
- Features a walk-up 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: Water Heater, Water Softener
- Efficient forced air heating via gas
Description
Properties of this size, this close to Guelph rarely come to market! 4.68 Acres of land comprised of a house and yard, two small outbuildings, paddocks, and rear farmland. The house is a four-bedroom bungalow measuring 1384 square feet with a double car garage, so the footprint is there if you bring some updating ideas to the interior of the home. The main floor has 4 bedrooms and 1.5 bathrooms, and the basement is mostly finished with a large family room, laundry room, plumbing rough-ins for a future bathroom, and a separate walk-up into the garage. Notable features: 200 feet of frontage along Fife Road, natural gas heat source, septic and weeping replaced in 2021, 311 sq ft workshop with power, over 2 acres of rentable farmland at the back of the property, and a drilled well. Easy highway access to Cambridge and KW, and less than one KM from the west end of Guelph where you will find great schools, shopping and all other amenities.
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Pricing & Value Insights
Data-driven valuation for 7091 Fife Road, Guelph/Eramosa, ON N1H 6J4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Guelph/Eramosa, ON
For a property listed at $1,250,000 in Guelph/Eramosa, the legal minimum down payment is $250,000 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 $21,475 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 $21,475.
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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.
