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Property Type: Detached HouseOwnership: Freehold
5066 WELLINGTON 32 ROAD
Guelph/Eramosa, ON N1H6J4
MLS® X14099698
15
Walk Score
25
Bike
$750,000
4 bed3 bath10 parking
15
Walk Score
25
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 375 x 176.3 FT
- Frontage
- 375 feet
A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,694.21 (2025)
Interior
- Basement
- Partially finished, N/A
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | — |
| Living room | Main level | — |
| Bathroom | Main level | — |
| Bedroom 4 | Main level | — |
| Bathroom | Basement | — |
| Office | Basement | — |
| Recreational, Games room | Basement | — |
| Utility room | Basement | — |
| Other | Basement | — |
| Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
| Bedroom 3 | Main level | — |
| Dining room | Main level | — |
| Family room | Main level | — |
Description
60' x 30' Heated Shop on 1.5 Acres and a 1,900sqft Bungalow. Opportunity, potential, and location! Discover a rare chance to own approximately 1.5 acres within the City of Guelph, offering the peace and privacy of country living while keeping all the conveniences of the city just minutes away.The standout feature of this property is the impressive, fully insulated and heated woodworking shop, complete with electrical service, an upper level featuring office space and a bathroom. Whether you're a woodworker, hobbyist, tradesperson, or simply someone who needs exceptional workspace, this versatile building offers tremendous possibilities.The agriculturally zoned property provides plenty of room to enjoy the outdoors, with space for extensive gardens, hobby farming, or potentially keeping animals, subject to municipal regulations. A greenhouse adds even more appeal for gardening enthusiasts, while the functional above-ground pool and hot tub offer opportunities for outdoor relaxation and entertaining.The existing bungalow requires significant repairs and renovations, making this an ideal opportunity for buyers with vision who want to create a home tailored to their own tastes and needs. Rather than paying a premium for someone else's renovations, bring your ideas, roll up your sleeves, and transform this property into something truly special.The real value here is in the land, location, workshop, and endless potential. Properties offering this much space, versatility, and a country atmosphere within Guelph's city limits are hard to come by.If you've been searching for an affordable entry into acreage living, a property with an exceptional workshop, or a renovation project with incredible upside, this could be the opportunity you've been waiting for! Property sold "As-is, where is." (id:63161)
Listing Information
- MLS®
- X14099698
- Tax assessment year
- 2025
- Data last synced
- October 23, 2026
KELLER WILLIAMS INNOVATION REALTY
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: KELLER WILLIAMS INNOVATION REALTY
MLS® Number: X14099698
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: 6.7% ($50,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$600,000.00
Periodic payment — Principal & Interest (monthly)$3,871.00
Additional monthly expenses (condo fees, tax, utilities, etc.)$641.18
Total monthly cost$4,512.18
Interest paid over 5-yr term$171,961.72
Balance at end of term$539,701.94
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$50,000
Stress test qualifying rate8.19%
Payment you must qualify for$5,427.62
Cash Needed at Closing
Minimum down payment$50,000
Estimated Land Transfer Tax (LTT)$11,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$62,975
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.
