14 Chestnut Drive, Guelph/Eramosa

Price: $1,059,000

2 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: X13488084

2 BEDROOMS! 3 BATHROOMS! WALK-OUT BUNGALOW! Welcome to 14 Chestnut Drive, a beautifully maintained bungalow located in one of Rockwood's most desirable neighbourhoods. Offering 9-foot ceilings, a finished walk-out basement, and an exceptional open-concept layout, this home is ideal for downsizers, professionals, or anyone seeking comfortable main-floor living with plenty of additional space. The main floor features hardwood flooring throughout the dining and living areas, creating a warm and inviting atmosphere. The spacious kitchen is designed for both everyday living and entertaining, complete with granite countertops, a large centre island, stainless steel appliances, a dedicated coffee bar, and abundant cabinetry. Just off the kitchen, the convenient laundry room provides direct access to the attached garage. The bright living room showcases pot lights, a gas fireplace, custom built-in entertainment centre, and a walk-out to the raised deck featuring an electric awning overlooking the beautifully landscaped backyard. The primary bedroom offers a walk-in closet and a luxurious 5-piece ensuite complete with dual vanities and a glass rain shower. The finished walk-out basement is filled with natural light thanks to all above-grade windows and features a spacious family room with a second gas fireplace, a recreation room with laminate flooring and walk-out to the backyard, plus a generous second bedroom with its own private 4-piece ensuite. Outside, you'll enjoy professionally landscaped gardens, new shrubs, attractive garden pathways, an epoxy-coated stone patio, and multiple outdoor living spaces designed for relaxation and entertaining. Located close to parks, downtown Rockwood, shopping, restaurants, and offering convenient access to both the Guelph and Acton GO Stations, this exceptional home combines quality finishes, functional design, and an outstanding location.

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$1,059,000 - 14 Chestnut Drive, Guelph/Eramosa

Detached for Sale in Guelph/Eramosa

60 days on market

Neighbourhood: Rockwood

2Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
X13488084
Property Type
Detached
Status
active
Days on Site
60
Bedrooms
2
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Guelph/Eramosa
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

2 BEDROOMS! 3 BATHROOMS! WALK-OUT BUNGALOW! Welcome to 14 Chestnut Drive, a beautifully maintained bungalow located in one of Rockwood's most desirable neighbourhoods. Offering 9-foot ceilings, a finished walk-out basement, and an exceptional open-concept layout, this home is ideal for downsizers, professionals, or anyone seeking comfortable main-floor living with plenty of additional space. The main floor features hardwood flooring throughout the dining and living areas, creating a warm and inviting atmosphere. The spacious kitchen is designed for both everyday living and entertaining, complete with granite countertops, a large centre island, stainless steel appliances, a dedicated coffee bar, and abundant cabinetry. Just off the kitchen, the convenient laundry room provides direct access to the attached garage. The bright living room showcases pot lights, a gas fireplace, custom built-in entertainment centre, and a walk-out to the raised deck featuring an electric awning overlooking the beautifully landscaped backyard. The primary bedroom offers a walk-in closet and a luxurious 5-piece ensuite complete with dual vanities and a glass rain shower. The finished walk-out basement is filled with natural light thanks to all above-grade windows and features a spacious family room with a second gas fireplace, a recreation room with laminate flooring and walk-out to the backyard, plus a generous second bedroom with its own private 4-piece ensuite. Outside, you'll enjoy professionally landscaped gardens, new shrubs, attractive garden pathways, an epoxy-coated stone patio, and multiple outdoor living spaces designed for relaxation and entertaining. Located close to parks, downtown Rockwood, shopping, restaurants, and offering convenient access to both the Guelph and Acton GO Stations, this exceptional home combines quality finishes, functional design, and an outstanding location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,684.31/mo

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5-yr fixed avg.

Principal: $847,200Interest: $558,094
Mortgage Amount$847,200
Total Interest$558,094
Est. Property Tax$750/mo
Total Cost$1,405,294

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.

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Neighbourhood Guide: Rockwood

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

14 Chestnut Drive, Guelph/Eramosa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$750
Insurance (est.)-$221
Net Cash Flow+$1,429

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $706/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 60 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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $4,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    14 Chestnut Drive, Guelph/Eramosa | $1,059,000 | Battaglia Team