$835,000 - 7011 Wellington Road 124 Road, Guelph/Eramosa
Detached for Sale in Guelph/Eramosa
153 days on market- MLS Number
- X12909512
- Property Type
- Detached
- Status
- active
- Days on Site
- 153
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Guelph/Eramosa
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to 7011 Wellington Road 124, a beautifully updated bungalow that blends modern comfort with peaceful country living. Situated on a private 0.256-acre lot, this home offers 1,234 sq ft of well designed living space above grade, plus a fully finished walkout basement, perfect for guests, a home office, or extended family. Inside, you're greeted by soaring ceilings and the warmth of a wood burning fireplace. Large windows fill the space with natural light, and a walkout leads to a private deck overlooking the spacious backyard, ideal for morning coffee or entertaining. The main level has been fully updated, including a stunning custom kitchen completed in 2022 with quartz countertops, built-in fridge, high end appliances, and a gas stove. Off the kitchen are two generously sized bedrooms and a beautifully updated 4-piece bathroom. The bright finished basement offers large windows, an additional bedroom, and a 2-piece bathroom with room to add a shower, great as a family room, guest suite, or hobby space. Outdoors, enjoy a 20x25 detached heated garage with hydro and a new roof (2024), plus two sheds (8x10 and 8x14), a 12x20 drive shed, and a garden area. The home's roof was replaced in 2023, and new basement windows installed. Mechanical upgrades include a forced air furnace and central air (2018), reverse osmosis system, a 120-ft well with new submersible pump and bladder (2023), and a 1,000-gallon brick septic tank (2007). Thoughtfully updated and just a short drive to amenities, this move-in ready home offers the best of rural living.
Estimate your monthly payments for this property
Estimated Payment
$4,283.98/mo
Includes CMHC insurance ($23,297)
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.
7011 Wellington Road 124 Road, 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 $759/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 153 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 $3,479 (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.