$799,900 - 4978 Seventh Line, Guelph/Eramosa
Detached for Sale in Guelph/Eramosa
149 days on market- MLS Number
- X12929956
- Property Type
- Detached
- Status
- active
- Days on Site
- 149
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Guelph/Eramosa
- Listing Brokerage
- RE/MAX Real Estate Centre Inc
Set on 1.58-acre property this charming 3-bdrm home-highlighted by rare 1680sqft detached workshop-offers perfect blend of country living & incredible versatility. Surrounded by mature trees & greenspace the property is a standout. Whether you're dreaming of quiet mornings outside, space for kids & pets to roam freely or more privacy & room to breathe, this setting delivers. Detached workshop W/expansive sqft, high ceilings & electricity makes it ideal for hobbyists, contractors or running a home business. Inside the eat-in kitchen offers prep space, pantry cupboards & character-rich wood cabinetry that adds unique touch. Living room W/multiple windows frame scenic views & fills space W/natural light complemented by durable vinyl plank flooring. Off living room is a bdrm creating flexible living options-ideal for guests or those seeking main floor living. This would also make a great office or playroom. Family room W/gas stove set against brick wall creates a warm space to relax. W/sep entrance this area offers added versatility for multi-generational living or private retreat. 3pc bath W/stackable laundry completes this level. Upstairs are 2 add'l bdrms & bathroom W/soaker tub. Upper level is ready for cosmetic updates offering great opportunity for buyers to personalize the space to their liking. 2 decks outside offer multiple spaces to relax, entertain & take in the views. Add'l updates: main floor painted (2026 except mudroom), exterior & windows prof. cleaned March 2026, roof 2021 & sump pump approx. 5yrs old. Mins to Rockwood Conservation known for limestone cliffs, swimming hole & glacial potholes. Short drive to downtown Rockwood offering shops, restaurants & essentials. Acton is 7-min away W/add'l amenities. Commuters will love being 20-min to Guelph, Halton Hills & Milton making it easy to stay connected while enjoying space & tranquility of country living. If you've been looking for space, privacy & property W/true potential-you don't want to miss this
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
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.
4978 Seventh Line, 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 $533/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 149 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.
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 $3,333 (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.