$999,900 - 186 RIVERWALK Place, Guelph/Eramosa
Townhouse for Sale in Guelph/Eramosa
174 days on market- MLS Number
- X12763344
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 174
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Guelph/Eramosa
- Listing Brokerage
- RE/MAX Real Estate Centre Inc
Extensively renovated 2-bdrm, 2.1-bath executive townhome in heart of the picturesque community of Rockwood! Set on peaceful street just steps from the river, trails & downtown core, this is where carefree upscale living meets small-town charm. Curb appeal is undeniable W/interlock driveway, front porch, manicured gardens & attached 2-car garage. Inside the open-concept layout is impressive W/cathedral ceilings, arched entryways, sun-filled windows including skylight & seamless flow from great room to the dining area, accented by hardwood floors. In the dining area, B/I buffet cabinet/espresso bar provides ample storage blending functionality W/elegance. Garden doors offer access to back deck creating effortless indoor-outdoor flow. Renovated kitchen W/top-tier S/S appliances, custom 2-toned cabinetry, granite counters & centre island W/pendant lighting & seating. W/I pantry provides smart storage! Completing this level is laundry room & 2pc bath. Upstairs the primary bdrm features picture window, W/I closet & dbl-door entry to 5pc ensuite W/vanity with granite & dbl sinks, soaker tub & sep glass shower. Bright loft office W/custom shelving adds perfect space for working from home, reading or creative pursuits. Finished lower level offers incredible flexibility W/above-grade windows, rec room W/fireplace that could also serve as home gym or second living space. Large bdrm W/dbl closet & 3pc bath make this ideal for guests, teens or in-laws. Private backyard oasis W/new deck & spacious patio surrounded by mature landscaping. Just mins from Rockwood Conservation Area, enjoy quick access to limestone cliffs, caves, canoeing, hiking & historic Harris Woollen Mill ruins. Short walk brings you to downtown for shops, cafes & dining. Effortless commutes to Guelph, Milton, Halton Hills & Brampton. Whether you're downsizing or upgrading your lifestyle this beautiful home delivers perfect balance of luxury, comfort & community. Welcome to Riverwalk where nature meets elegance!
Estimate your monthly payments for this property
Estimated Payment
$5,130.01/mo
Includes CMHC insurance ($27,897)
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.
186 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 $667/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 174 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.
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 $4,166 (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.