7121 Wellington Rd 124 Road, Guelph/Eramosa, ON
Property Highlights
Welcome to this remarkable farm located in the coveted neighborhood of Rural Guelph/Eramosa West. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,199,000 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
- Premium 210 x 420 ft lot size
- Convenient double detached garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Prime Location! Approx 2 Acre Land Detached Home! 3-bedroom Bungalow, 1.5-bathroom home is set on a sprawling aprox 2-acre Sub Prime Land property, just minutes from Guelph and Highway 401. Please review 2 Addendum Attachments .Use for small home office/business, Hobby farm, (Live Stock) it offers ample space for parking. Additional features include Gas furnace, water softener. Owned HWT, Don't miss this excellent opportunity! Current taken photos are on MLS.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 7121 Wellington Rd 124 Road S, Guelph/Eramosa, ON N1H 6H7
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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 $1,199,000 in Guelph/Eramosa, the legal minimum down payment is $239,800 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 $20,455 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 $20,455.
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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.
