$1,070,000 - 25 Chestnut Drive, Guelph/Eramosa
Detached for Sale in Guelph/Eramosa
135 days on market- MLS Number
- X12986386
- Property Type
- Detached
- Status
- active
- Days on Site
- 135
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Guelph/Eramosa
- Listing Brokerage
- Royal Lepage Real Estate Associates
Welcome to 25 Chestnut Drive, This Charleston Built Bungaloft with over 3000 square feet of Finished Living Space is Located in the Charming Village of Rockwood. This Beautifully Maintained Home Features a Stunning Barzoti Kitchen with Granite Counters, Back Splash, Large Centre Island and Stainless Steel Appliances. The Primary Bedroom Located on the Main Floor has a Large Walk in Closet and 5 pc Bath, Open Concept Living/ Dining Room with Plenty of Light and a Gas Fireplace. Main Floor Laundry Room with Garage Access, Upstairs to 2 Great Size Bedrooms, Downstairs to a Cozy Rec Room and second Gas Fireplace. No sidewalk and walking distance to all Amenities. The low monthly common Elements Fee of $165.00 covers all road maintenance, snow clearing , and landscaping.
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Estimated Payment
$4,732.97/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.
25 Chestnut Drive, 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 $535/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 135 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.
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 $4,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.