$1,439,000 - 8438 HWY 7 N/A, Guelph/Eramosa
Multi-Family for Sale in Guelph/Eramosa
86 days on marketNeighbourhood: Rural Guelph/Eramosa East
- MLS Number
- X13196178
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 86
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Guelph/Eramosa
- Lot Size
- 7 sqft
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
BEAUTIFUL 5 BED BUNGALOW ON 7.4 ACRES WITH 2 BEDROOMS IN THE LOFT & 3 BEDROOMS ON THE MAIN FLOOR . VERY SPACIOUS MAIN FLOOR COMES WITH SEPARATE LIVING DINING ,FAMILY, BREAKFAST AREA. UPGRADED NEW WINDOWS DOORS, ROOF, A/C, HOT WATER TANK & OIL TANK. MINUTES TO ACTON, GUELPH AND HWY 401. INSIDE PICTURES MAY NOT HAVE THE SAME FURNITURE AS THE PROEPRTY IS BEING TENANTED.**EXTRAS** NEEDS 48 HOURS NOTICE FOR ALL SHOWINGS.
Estimate your monthly payments for this property
Estimated Payment
$6,365.18/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.
8438 HWY 7 N/A, 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 $720/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 86 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Guelph/Eramosa.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $5,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.