• Mobile: 416-548-7854
  • Office: 416-548-7854
  • Fax: 416-981-7184
  • Toll Free: 1-866-382-2968

$2,149,000
Available - For Sale
Listing ID: X12888400
701 ERAMOSA Road , Guelph, N1E 5Z1, Wellington


Now is the time to invest in a property with huge development potential with a favorable 8.49% mortgage rate on a $1,050,000.00 fully open 2 year term (No broker fees). This 1.88 acre property offers amazing development potential with the City of Guelph and is ideally located at the corner of Eramosa Road and Speedvale Avenue. This home features a 3 bedroom all brick bungalow with open concept design and features a large eat-in kitchen, stainless steel appliances built in microwave oven, granite tops and center island with breakfast bar overlooking the large family room with gas fireplace. 3 nice sized bedrooms are also on the main floor, the primary offers a beautiful 4 piece ensuite. The partially finished basement offers a large rec room a fourth room currently used as a bedroom and a large den. This property also features a detached workshop / garage and a 2500 Sq Ft shop. NOTE: Property sold under power no warranties and is being sold "AS IS WHERE IS" Phase II environmental report can be provided when conditional offer accepted. Buyer to complete due diligence with municipal authorities on zoning possibilities.
Price $2,149,000
Taxes: $26988.53
Assessment Year: 2025
Occupancy: Tenant
Address: 701 ERAMOSA Road , Guelph, N1E 5Z1, Wellington
Acreage: .50-1.99
Directions/Cross Streets: Eramosa and Speedvale
Rooms: 5
Rooms +: 3
Bedrooms: 3
Bedrooms +: 1
Family Room: T
Basement: Partially Fi
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 13.97 15.06 Centre Island, B/I Microwave, B/I Oven
Room 2 Main Family Ro 15.97 13.81
Room 3 Main Primary B 13.64 13.64 4 Pc Ensuite
Room 4 Main Bedroom 2 11.48 5.64
Room 5 Main Bedroom 3 11.32 12.14
Room 6 Main Bathroom 7.9 9.22 4 Pc Bath
Room 7 Main Bathroom 11.74 5.31 4 Pc Ensuite
Room 8 Basement Recreatio 25.81 16.4
Room 9 Basement Den 14.56 11.97
Room 10 Basement Office 8.82 14.83
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: Attached
Drive Parking Spaces: 10
Pool: None
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Septic
Utilities-Cable: A
Utilities-Hydro: Y
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SULLIVAN REAL ESTATE BROKERAGE, INC.
Personal Picture
Dir:
Triangle
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Detached
Area: Wellington
Municipality: Guelph
Neighbourhood: Grange Road
Style: Bungalow
Lot Size: x 349.79(Acres)
Approximate Age:
Tax: $26,988.53
Maintenance Fee: $0
Beds: 3+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years