701 Eramosa Road
Guelph (Grange Road), ON N1E 5Z1
- 3+1Bedrooms
- 2Bathrooms
- 2Garage
- 1100–1500Sq Ft
- $26,989Tax
- 473×350 ftLot Size
Estimated Value:$1,375,606See Free Estimate Report
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About 701 Eramosa Road, Guelph, Grange Road
Summarized Description
- 1.88 acre property with significant development potential.
- Open concept design with large eat-in kitchen.
- Detached workshop and 2500 Sq Ft shop included.
- Favorable 8.49% mortgage rate available.
- 3 bedroom all brick bungalow with ensuite.
- Partially finished basement with rec room and den.
- Located at a prime corner lot in Guelph.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $26,989
- Land Transfer Tax Fee
- $40,200
- Basement Type
- Partially Finished
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 473.35 ft
- Lot Depth
- 349.79 ft
- Lot Size
- x 473.35 ac
- Lot Shape
- Pie
- Lot Size Code
- x 473.35
Inclusions
- Inclusions
- All Appliances
Exclusions
- Exclusions
- Tenants Belongings
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 10
- Total Garage And Parking Spaces
- 12
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Well
- Sewers
- Septic
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Available
- Telephone
- Yes
- Bedrooms
- 3 + 1
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level, Centre Island, B/I Microwave, B/I Oven
- Family Room—Main level
- Primary Bedroom—Main level, 4 Pc Ensuite
- Bedroom 2—Main level
- Bedroom 3—Main level
- Bathroom—Main level, 4 Pc Bath
- Bathroom—Main level, 4 Pc Ensuite
- Recreation—Basement level
- Den—Basement level
- Office—Basement level
Washrooms
- 4-piece, Main
- Municipality
- Guelph
- Neighbourhood
- Grange Road
- Main cross streets
- Eramosa and Speedvale
- Zoning
- UR
- Directions
- East on Speedvale to Eramosa
- Waterfront
- None
- MLS® number
- X12888400
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-06-27
- Listed on
- 2026-03-16
- Days on market
- 103 days
- Possession type
- Flexible
- Co-op commission
- 2.5 + HST
- Seller
- Listed by
- SULLIVAN REAL ESTATE BROKERAGE, INC.
Home Market Value
Current home valuation for 701 Eramosa Road, Guelph, Grange Road, Guelph, ON. Listed for $2,149,000
HOMEH Estimate
$1,375,606
Estimated Sales Range
$962,924 - $1,788,288
HOMEH Estimate for 701 Eramosa Road, Guelph, Grange Road
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$429,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,719,200 | $1,611,750 | $1,504,300 | $1,396,850 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $8,394monthly | $7,869monthly | $7,345monthly | $6,820monthly |
Land Transfer Tax
$40,200
$40,200
Around this home
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