$1,199,000 - 7121 Wellington Rd 124 Road, Guelph/Eramosa
Detached for Sale in Guelph/Eramosa
137 days on marketNeighbourhood: Rural Guelph/Eramosa West
- MLS Number
- X12973968
- Property Type
- Detached
- Status
- active
- Days on Site
- 137
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Guelph/Eramosa
- Listing Brokerage
- REALTY ONE GROUP DELTA
Prime Location! Stunning Detached Home! 3-bedroom Bungalow, 1.5-bathroom home is set on a sprawling aprox 2-acre Sub Prime Land property, just minutes from Guelph and Highway 401. Please review 2 Addendum Attachments .Ideal for families or a small home office/business, Hobby Farm, (Live Stock) it offers ample space for parking. Additional features include a new furnace and water softener. Don't miss this excellent opportunity! Current taken photos are on MLS.
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Estimated Payment
$5,303.58/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 West
Rural Guelph/Eramosa West 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 West
- •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 West 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.
7121 Wellington Rd 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
Premium Pricing
At $1713/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 137 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
About Rural Guelph/Eramosa West
I know Rural Guelph/Eramosa West 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.