23 Donald Fraser Lane, Guelph/Eramosa

Price: $734,000

4 bedrooms, 4 bathrooms

1,600 sqft

Property Type: Condo

MLS#: X13070102

Welcome to Village Towns in Harmony Court, an exciting new community by Charleston Homes, perfectly situated in the heart of Rockwood. This brand new townhome offers a well-designed 3+1 bedroom layout with a FINISHED BASEMENT, delivering the extra space today's buyers are looking for. With approximately 1,700 sq. ft. above grade, the home strikes the perfect balance between modern style and everyday functionality. The main level features an open-concept layout with premium hardwood flooring (or the option for upgraded plush carpet), seamlessly connecting the living and dining spaces. The kitchen is both stylish and practical, complete with quality cabinetry in your choice of finishes, stone countertops, stainless steel appliances, a pantry, and plenty of prep space. A 2pc powder room and oversized patio doors leading to the backyard round out the main floor. Upstairs, you'll find three spacious bedrooms, including a comfortable primary retreat with a walk-in closet and private ensuite. A 4pc bathroom and convenient second-floor laundry add to the home's thoughtful design. Where this home truly stands out is the finished basement, included in the purchase price, offering a large rec room, a fourth bedroom, and an additional bathroom. Whether you need space for extended family, a home office, or a potential in-law setup, this level provides flexibility and long-term value. Set just minutes from Rockwood Conservation Area and the Eramosa River, and within walking distance to schools, parks, the library, and community centre, this location blends outdoor lifestyle with everyday convenience. Plus, you're only 10 minutes to GO Transit and 12 minutes to Guelph. With a limited release of just 50 townhomes, this is a rare opportunity to own a beautifully built new home in one of Rockwood's most desirable and growing communities.

23 Donald Fraser Lane - Condo photo 1 of 5 in Guelph/Eramosa, Ontario
23 Donald Fraser Lane - Condo photo 2 of 5 in Guelph/Eramosa, Ontario
23 Donald Fraser Lane - Condo photo 3 of 5 in Guelph/Eramosa, Ontario
23 Donald Fraser Lane - Condo photo 4 of 5 in Guelph/Eramosa, Ontario
23 Donald Fraser Lane - Condo photo 5 of 5 in Guelph/Eramosa, Ontario
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$734,000 - 23 Donald Fraser Lane, Guelph/Eramosa

Condo for Sale in Guelph/Eramosa

114 days on market

Neighbourhood: Rockwood

4Beds
4Baths
1,600Sq Ft
Condo
Property Details
MLS Number
X13070102
Property Type
Condo
Status
active
Days on Site
114
Bedrooms
4
Bathrooms
4
Square Feet
1,600 sqft
Neighbourhood
Guelph/Eramosa
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
Diloreto & Co.
Description

Welcome to Village Towns in Harmony Court, an exciting new community by Charleston Homes, perfectly situated in the heart of Rockwood. This brand new townhome offers a well-designed 3+1 bedroom layout with a FINISHED BASEMENT, delivering the extra space today's buyers are looking for. With approximately 1,700 sq. ft. above grade, the home strikes the perfect balance between modern style and everyday functionality. The main level features an open-concept layout with premium hardwood flooring (or the option for upgraded plush carpet), seamlessly connecting the living and dining spaces. The kitchen is both stylish and practical, complete with quality cabinetry in your choice of finishes, stone countertops, stainless steel appliances, a pantry, and plenty of prep space. A 2pc powder room and oversized patio doors leading to the backyard round out the main floor. Upstairs, you'll find three spacious bedrooms, including a comfortable primary retreat with a walk-in closet and private ensuite. A 4pc bathroom and convenient second-floor laundry add to the home's thoughtful design. Where this home truly stands out is the finished basement, included in the purchase price, offering a large rec room, a fourth bedroom, and an additional bathroom. Whether you need space for extended family, a home office, or a potential in-law setup, this level provides flexibility and long-term value. Set just minutes from Rockwood Conservation Area and the Eramosa River, and within walking distance to schools, parks, the library, and community centre, this location blends outdoor lifestyle with everyday convenience. Plus, you're only 10 minutes to GO Transit and 12 minutes to Guelph. With a limited release of just 50 townhomes, this is a rare opportunity to own a beautifully built new home in one of Rockwood's most desirable and growing communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,765.80/mo

Includes CMHC insurance ($20,479)

$
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5-yr fixed avg.

Principal: $660,600Interest: $448,662
Mortgage Amount$681,079
Total Interest$448,662
Est. Property Tax$520/mo
Total Cost$1,129,740

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

23 Donald Fraser Lane, Guelph/Eramosa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,640/mo
Range: $3,094 - $4,186
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,640
Maintenance Fees-$1,040
Property Tax (est.)-$520
Insurance (est.)-$153
Net Cash Flow+$1,927

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 $459/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 114 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Guelph/Eramosa. Good resale value as demand remains consistent.

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.

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    23 Donald Fraser Lane, Guelph/Eramosa | $734,000 | Battaglia Team