$2,799,900 - 198 Pasmore Street, Guelph/Eramosa
Detached for Sale in Guelph/Eramosa
84 days on marketNeighbourhood: Rockwood
- MLS Number
- X13220460
- Property Type
- Detached
- Status
- active
- Days on Site
- 84
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Guelph/Eramosa
- Lot Size
- 1 sqft
- Listing Brokerage
- Coldwell Banker Neumann Real Estate
Few homes offer the quality, privacy, and setting found at 198 Pasmore Street. Set on over an acre of forest at the end of a quiet road, this remarkable property feels as though it is tucked deep within a conservation area, an experience made even more special by the fact that nearly two-thirds of the property borders protected conservation lands. Despite the incredible natural surroundings, a school is just a block away, and the amenities of Rockwood are only moments from your door. Built directly into the landscape, the home was carved 18 feet into the limestone outcroppings, allowing it to blend seamlessly with its surroundings. The grounds create a sense of escape rarely found so close to town, where mature trees, natural stone, and panoramic views provide a backdrop that changes beautifully with the seasons. The spacious bungaloft design offers flexibility for a variety of lifestyles, with a main-floor primary suite, soaring ceilings, and expansive windows that bring the beauty of the outdoors into every room. The oversized triple-car garage, complete with a vehicle lift, is a dream for hobbyists and collectors alike. The finished walkout lower level is designed for entertaining, featuring a full bar, wine cellar with an authentic jail cell door, theatre room, home gym, and direct access to the terrace and hot tub. Completing the property is a historic family cabin that was carefully relocated and rebuilt on site. Fully self-contained, it offers exceptional space for guests, extended family, a home office, or a private retreat overlooking the incredible natural setting and inspiring views. This unique addition further enhances a property already unlike anything else on the market. This is a home that delivers the feeling of a year-round getaway without sacrificing convenience. The moment you arrive, the pace slows, the surroundings take over, and it becomes clear just how rare an opportunity like this truly is.
Estimate your monthly payments for this property
Estimated Payment
$12,384.90/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 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.
198 Pasmore 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
Fair Market Value
At $1120/sqft, this property is priced in line with current Guelph/Eramosa market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 84 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.
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.