$850,000 - 120 Division Street, Guelph/Eramosa
Detached for Sale in Guelph/Eramosa
123 days on market- MLS Number
- X13032782
- Property Type
- Detached
- Status
- active
- Days on Site
- 123
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Guelph/Eramosa
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
This Stunning Raised Bungalow on an oversized lot in Rockwood offers a Fully Renovated Interior , paired with efficient modern living. In 2021, the Main Floor and Kitchen underwent a complete transformation. The Kitchen features Kitchen Aide Appliances (Gas Stove, Dishwasher, Fridge, )and a built in Microwave, Quartz Counters, an Island with Stools and a Wine Rack, and New Hardwood flooring throughout main level. The updated bathroom has a Glass Shower, New Vanity, and Pocket Doors leading into the Primary Suite, which has a custom walk-in closet by Closets by Design. Custom Blinds with privacy pull downs. The back room's stair railing features black spindles and solid wood, and a closet for storage, there is W/O to New Deck W/Upgraded Spindles(2023). The home is heated by a cost-efficient Geothermal system. In 2022, both the back sliding door and basement windows were replaced, adding to the home's modern appeal. The oversized drive-through Garage/Workshop includes a loft and in-floor heating, also present in the basement. The home offers a new front door, a paved driveway, and updated stone walkways and gardens. In 2020 the fence was also replaced in Backyard, it has a Gas Line for BBQ, and is fully fenced. In 2024, New Gutter Rails were installed. This move-in-ready home is close to Schools, Shopping, and Highways, offering comfort and convenience with stylish updates throughout
Estimate your monthly payments for this property
Estimated Payment
$4,360.94/mo
Includes CMHC insurance ($23,715)
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 Guelph/Eramosa
Guelph/Eramosa 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 Guelph/Eramosa
- •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
Guelph/Eramosa 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.
120 Division Street, 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
Premium Pricing
At $1214/sqft, this property is priced above the Guelph/Eramosa average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 123 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.
Detached Home Advantages
Detached homes in Guelph/Eramosa are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,542 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.