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Property Type: Detached HouseOwnership: Freehold
29 JESSICA LANE
Guelph/Eramosa, ON N1H6J1
MLS® X13673896
$1,299,900
4 bed4.5 bath8 parking
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 109.4 x 336 FT
- Frontage
- 109.4 feet
RR
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,723.97
Interior
- Basement
- Finished, Full
- Heating
- Heat Pump, Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Dining room | Main level | — |
| Bedroom | Second level | — |
| Recreational, Games room | Basement | — |
| Bedroom | Second level | — |
| Bedroom | Second level | — |
| Kitchen | Main level | — |
| Bedroom 4 | Basement | — |
Description
Tucked away from the noise of the outside world, this property unfolds like a hidden oasis in an executive subdivision, steps from Guelph Lake Conservation Area. Welcome to your dream home this stunning 3-bedroom, 4-bathroom executive-style residence offers the perfect blend of luxury, comfort, and natural beauty. Nestled on a sprawling acre lot and backing directly onto the Speed River and Royal Recreation Trail, this property offers a rare, serene country-like setting just minutes from modern amenities. From the moment you arrive, you'll be captivated by the peace and privacy this home affords. Soaring ceilings and oversized windows flood the main floor with natural light, highlighting the thoughtful design and beautiful tile and hardwood flooring throughout. The spacious living room is perfect for entertaining or relaxing, while the formal dining room and stylish eat-in kitchen with granite countertops and stainless-steel appliances offer both form and function. Step through sliding glass doors onto a gorgeous 3-tier deck, complete with two gazebos, overlooking a lush, tree-lined backyard with direct access to the Speed River, a true outdoor retreat in your own backyard. Head upstairs to find three spacious bedrooms, including a primary suite with walk-in closet and private ensuite, as well as a luxurious 4-piece main bathroom with double sinks and a stand-up glass shower. The fully finished basement (over 1,000 sq ft) featuring engineered hardwood flooring, a massive recreation room, 3-piece bathroom, bedroom and a flexible bonus room perfect for a home gym, office, hobby room, or playroom. Enjoy the spacious double car garage and plenty of parking space outside for all the toys. This home includes a hybrid heat pump/gas furnace system. It intelligently switches between the two to maximize efficiency when heating and cooling the home. (id:63159)
Listing Information
- MLS®
- X13673896
- Data last synced
- October 19, 2026
RE/MAX REAL ESTATE CENTRE INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX REAL ESTATE CENTRE INC.
MLS® Number: X13673896
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Toronto Regional Real Estate Board.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
13,904
(2021 Census)
+8.2% since 2016
Density: 47.5/km²
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Mortgage & Ownership Cost Calculator
Minimum required: 8.1% ($104,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,039,920.00
Periodic payment — Principal & Interest (monthly)$6,709.21
Additional monthly expenses (condo fees, tax, utilities, etc.)$560.33
Total monthly cost$7,269.54
Interest paid over 5-yr term$298,044.06
Balance at end of term$935,411.40
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$104,990
Stress test qualifying rate8.19%
Payment you must qualify for$9,265.02
Cash Needed at Closing
Minimum down payment$104,990
Estimated Land Transfer Tax (LTT)$22,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$128,963
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.