$879,000 - 174 Riverwalk Place, Guelph/Eramosa
Townhouse for Sale in Guelph/Eramosa
65 days on marketNeighbourhood: Rockwood
- MLS Number
- X13467160
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 65
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Guelph/Eramosa
- Listing Brokerage
- RIGHT AT HOME REALTY
In this beautiful charming town of Rockwood, this unique yet spacious cozy home is an opportunity to a lifestyle of natural beauty and comfort, perfect for a young family or exactly what would be defined as great retirement lifestyle. Sprinkled around the area by picturesque rivers, serene lakes, and unique conservation parks and trails, yet just minutes from the vibrant city of Guelph, this property offers the perfect balance of tranquility and convenience. From the moment you arrive, the enclosed front porch invites you to slow down with a hot beverage and soak in the warmth of this unique neighbourhood, where beautifully crafted homes line peaceful streets and turnabouts. Step inside and be greeted by a grand entrance with soaring vaulted ceilings and along with skylights & pot-lights that floods the home with ample lighting throughout, creating an atmosphere that is both airy and welcoming. The open-concept living, dining, and family room flow effortlessly together - perfect for entertaining or simply enjoying everyday life without feeling at a distance. The beautiful kitchen shines as a true centre piece, featuring elegant feature lighting along with lots of natural sunlight that makes it as stylish as it is functional. Completing the main floor is a conveniently located primary bedroom, offering easy accessibility and peaceful simplicity leaving no stairs as a challenge. Plenty of parking for guests as well as 2 car garage for the car enthusiast. Priced at over $120k in renovations, this is a rare opportunity to jump into a home that is simply ready to enjoy and feel right at home.
Estimate your monthly payments for this property
Estimated Payment
$4,509.73/mo
Includes CMHC insurance ($24,524)
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.
174 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 $586/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 65 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.
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.
Bathroom Count Matters
With 4 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.