$2,999,900 - 5116 Third Line, Guelph/Eramosa
Detached for Sale in Guelph/Eramosa
74 days on marketNeighbourhood: Rural Guelph/Eramosa East
- MLS Number
- X13426912
- Property Type
- Detached
- Status
- active
- Days on Site
- 74
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Guelph/Eramosa
- Lot Size
- 78 sqft
- Listing Brokerage
- Coldwell Banker Neumann Real Estate
Welcome to this exceptional 77-acre horse farm offering a rare opportunity for equestrian enthusiasts, investors, or those seeking a picturesque rural lifestyle. An active and established horse operation, the property currently features a farm business and is fully equipped to support a variety of equestrian pursuits.The charming farmhouse blends character and functionality with spacious living areas designed to take full advantage of the surrounding countryside. The heart of the home features a warm and inviting living room complete with a fireplace, built-in shelving, and custom cabinetry. A second fireplace in the kitchen creates a cozy gathering space, while the main floor office offers direct outdoor access, making it ideal for a home-based business, farm management, or client meetings. A main floor bedroom provides flexibility for guests, multi-generational living, or convenient one-level living. Upstairs, you'll find two additional bedrooms and a versatile den that can easily serve as a home office, reading nook, or fourth sleeping area.The farm infrastructure is designed for serious equestrian use and includes a 96' x 40' barn with 14 oversized 12' x 12' stalls, a wash rack, high ceilings, and excellent ventilation. An additional bank barn offers 10 large stalls, a 2-piece washroom, office, lunchroom, and substantial upper-level hay storage. The property also features a professional half-mile training track with 5/8-mile turns, seven large paddocks with electric braided fencing and underground water lines providing year-round water to each paddock, six run-in sheds, extensive landscaping, and a paved circular driveway. A rare offering combining productive farmland, established equestrian facilities, and a comfortable family home, all set within a beautiful and private countryside setting. Whether you're expanding an existing operation or pursuing your dream of country living, this remarkable property delivers endless possibilities.
Estimate your monthly payments for this property
Estimated Payment
$13,269.57/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 Rural Guelph/Eramosa East
Rural Guelph/Eramosa East 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 Rural Guelph/Eramosa East
- •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
Rural Guelph/Eramosa East 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.
5116 Third Line, Guelph/Eramosa
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Premium Pricing
At $1500/sqft, this property is priced above the Guelph/Eramosa average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 74 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.
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.
About Rural Guelph/Eramosa East
I know Rural Guelph/Eramosa East 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.
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 $12,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.