$1,199,900 - 141 Gamble Lane, Guelph/Eramosa
Detached for Sale in Guelph/Eramosa
138 days on market- MLS Number
- X12965310
- Property Type
- Detached
- Status
- active
- Days on Site
- 138
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Guelph/Eramosa
- Lot Size
- 5,683 sqft
- Listing Brokerage
- Royal Lepage Real Estate Associates
This meticulously maintained home offers a rare opportunity for those looking to downsize or accommodate a multigenerational family with ease. The main level features a stunning updated kitchen with granite countertops, stainless steel appliances, and a bright breakfast area that flows into a cozy family room anchored by a gas fireplace. Large picture windows showcase flows into a cozy family room anchored by a gas fireplace, surrounded by built-in cabinets. Large picture windows showcase serene views of the lush gardens and open space, as there are no neighbors behind the property. The primary suite is a private retreat with bamboo flooring, California shutters, and a 4-piece ensuite, complemented by two additional main-floor bedrooms and a separate dining room. Adding incredible value is the bright lower level, which features above-grade windows that ensure the space never feels like a basement. This level is fully equipped with a second kitchen, a large living area, two more bedrooms, rough-in for laundry, and a full bath-making it the perfect setup for in-laws or guests. Outside, the property is an entertainer's dream, featuring a walk-out gazebo with a retractable roof and sunshades, and a lawn serviced by a state of the art irrigation system. The exterior is rounded out by an aggregate/asphalt driveway with French curbs providing parking for six, all located on a premium lot with no sidewalks to maintain. Completing this exceptional property is a two-car garage that is truly a car lover's dream, featuring finished floors, custom wall cabinets for organization, and a dedicated gas heater for year-round comfort, plus a storage loft.
Estimate your monthly payments for this property
Estimated Payment
$5,307.56/mo
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.
141 Gamble Lane, 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 $800/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 138 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Guelph/Eramosa.
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.
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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.