$774,900 - 115 Riverwalk Place, Guelph/Eramosa
Townhouse for Sale in Guelph/Eramosa
125 days on marketNeighbourhood: Rockwood
- MLS Number
- X13021546
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 125
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Guelph/Eramosa
- Listing Brokerage
- Your Hometown Realty Ltd
Worry-free living meets generous space in this beautifully appointed bungaloft - ideal for downsizers who don't want to compromise. Located in the Riverwalk Place community in charming Rockwood, this former model home showcases quality craftsmanship by Charleston Homes. A stone porch patio off the brick driveway - maintained for you in the winter - offers a warm welcome. Inside, the main floor features ceramic tile and hardwood flooring. The bright and airy living room boasts soaring cathedral ceilings, a stunning two-storey window wall, and a cozy gas fireplace. The main floor primary bedroom includes hardwood flooring, a spacious walk-in closet, and ensuite access to a four-piece bathroom. The large eat-in kitchen offers ample cabinetry and counter space, perfect for everyday living and entertaining. Upstairs, you'll find a second bedroom, a generous sitting area with skylight, a lofted office space, and a four-piece bathroom - an ideal retreat for guests or extended family. The finished basement adds even more versatility, with a spacious rec room and dedicated hobby area offering endless possibilities. Yes, the ping pong table can stay! Step outside to a private deck overlooking beautifully landscaped gardens - your own peaceful escape. All of this just minutes from downtown Rockwood and conveniently close to major routes for an easy commute.
Estimate your monthly payments for this property
Estimated Payment
$3,975.64/mo
Includes CMHC insurance ($21,620)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Rockwood
Rockwood is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Rockwood
- •Convenient location in Guelph/Eramosa
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Rockwood offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
115 Riverwalk Place, Guelph/Eramosa
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $517/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 125 days on site, this property has exceeded the typical selling timeline for Guelph/Eramosa. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Guelph/Eramosa have shown strong appreciation as families seek more space.
About Rockwood
I know Rockwood well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Guelph/Eramosa properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.