285 Main Street, Guelph/Eramosa

Price: $225,000

0 bedrooms, 0 bathrooms

Property Type: Land

MLS#: X12509150

Discover the perfect place to bring your vision to life in the heart of Rockwood. This Beautiful vacant lot offers an incredible opportunity to design and build your dream home in a friendly, picturesque community surrounded by natural beauty and everyday convenience. Nestled on the Main street, this property combines small town charm with walkable access to everything you need, from local shops, cafes and schools to scenic parks and trails. Spend your weekends exploring the Rockwood Conservation Area, known for its dramatic limestone cliffs, hiking paths and peaceful water front views, all just minutes from your doorstep.With a lot size of 51.2 ft. x 75.6 ft., this parcel offers plenty of living space for a thoughtfully designed home and outdoor living area. Enjoy the flexibility to create your own retreat while staying close to Guelph, Acton and the GTA with easy access to Highway 7.Whether you're a builder, investor or future homeowner, 285 Main Street offers a rare chance to build something truly special in a growing and highly sought-after community.

285 Main Street - Land photo 1 of 7 in Guelph/Eramosa, Ontario
285 Main Street - Land photo 2 of 7 in Guelph/Eramosa, Ontario
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$225,000 - 285 Main Street, Guelph/Eramosa

Land for Sale in Guelph/Eramosa

219 days on market
0Beds
0Baths
N/ASq Ft
Land

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Property Details
MLS Number
X12509150
Property Type
Land
Status
active
Days on Site
219
Bedrooms
0
Bathrooms
0
Square Feet
N/A sqft
Neighbourhood
Guelph/Eramosa
Listing Brokerage
Real Broker Ontario Ltd
Description

Discover the perfect place to bring your vision to life in the heart of Rockwood. This Beautiful vacant lot offers an incredible opportunity to design and build your dream home in a friendly, picturesque community surrounded by natural beauty and everyday convenience. Nestled on the Main street, this property combines small town charm with walkable access to everything you need, from local shops, cafes and schools to scenic parks and trails. Spend your weekends exploring the Rockwood Conservation Area, known for its dramatic limestone cliffs, hiking paths and peaceful water front views, all just minutes from your doorstep.With a lot size of 51.2 ft. x 75.6 ft., this parcel offers plenty of living space for a thoughtfully designed home and outdoor living area. Enjoy the flexibility to create your own retreat while staying close to Guelph, Acton and the GTA with easy access to Highway 7.Whether you're a builder, investor or future homeowner, 285 Main Street offers a rare chance to build something truly special in a growing and highly sought-after community.

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Estimated Payment

$1,154.37/mo

Includes CMHC insurance ($6,278)

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5-yr fixed avg.

Principal: $202,500Interest: $137,532
Mortgage Amount$208,778
Total Interest$137,532
Est. Property Tax$159/mo
Total Cost$346,310

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: Guelph/Eramosa

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

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

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.

70
Walk Score
Varies
Price Range

285 Main Street, Guelph/Eramosa

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Land Investment Considerations

Key factors for evaluating this land parcel

Land Due Diligence Checklist

· Confirm zoning designation and all permitted uses

· Verify servicing (water, sewer, hydro) at lot line

· Order a Phase 1 Environmental Site Assessment

· Obtain an up-to-date survey (boundaries, easements)

· Review development charges and levies with the municipality

· Consult a land use planner on development feasibility

Commercial Financing Note

Land financing typically requires 35–50% down with specialized lenders. Carrying costs (taxes, interest) accumulate during any approval or development process — factor these into your feasibility.

Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Zoning & Permitted Use

Before anything else, I'd confirm the current zoning designation and what's permitted on this land. Zoning dictates everything: residential subdivision, commercial development, agricultural use, or mixed. The Guelph/Eramosa planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.

Extended Time on Market — Potential Leverage

At 219 days, this land has been sitting. That's actually common for vacant land — buyers are fewer and diligence takes time. But if it's been listed much longer than comparable parcels, there may be a zoning, servicing, or environmental issue the seller hasn't disclosed. I'd want to understand why it hasn't sold.

Servicing & Infrastructure

A key question for any land purchase: is it serviced (municipal water, sewer, gas, hydro at the lot line) or unserviced? Bringing services to an unserviced parcel can cost $50,000–$500,000+ depending on proximity and Guelph/Eramosa's development charges. This can make or break a project's feasibility.

Environmental & Survey

I always recommend a Phase 1 Environmental Site Assessment for land purchases — it checks for historical contamination from prior uses. If the Phase 1 flags anything, a Phase 2 (soil sampling) follows. Also budget for an up-to-date survey, which confirms boundaries, easements, and encroachments.

Development Approval Timeline

If you're buying with development in mind, factor in the approval timeline. Minor variance: 3–6 months. Site plan approval: 6–18 months. Official Plan amendment or rezoning: 1–3+ years. These timelines directly affect your carrying costs — property taxes and financing accumulate the entire time. Having an experienced planner and real estate lawyer on your team from day one matters.

Let's Walk Through It Together

Evaluating land requires a different lens than buying a home. I'll walk the site with you, help you ask the right questions of the listing agent, and connect you with the right professionals — planners, environmental consultants, commercial lawyers — to make sure you know exactly what you're buying before you commit.

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    MLS# X12509150 — 285 Main Street | Battaglia Team