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Property Type: Detached HouseOwnership: Freehold
7121 WELLINGTON RD 124 ROAD S
Guelph/Eramosa, ON N1H6H7
MLS® X13836860
$999,900
3 bed2.5 bath8 parking
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 210 x 420 FT
- Frontage
- 210 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,797.79
Interior
- Basement
- Crawl space
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Living room | Main level | — |
| Bathroom | Main level | — |
| Bedroom 2 | Main level | — |
| Primary Bedroom | Main level | — |
| Bedroom 3 | Main level | — |
| Laundry room | Main level | — |
| Bathroom | Main level | — |
Description
Prime Location! 2 Acre Land Detached Home! 3-bedroom Bungalow, 1.5-bathroom home is set on a sprawling aprox 2-acre Sub Prime Land property, just minutes from Guelph and Highway 401. Please review 2 Addendum Attachments .Use for small home office/business, Hobby farm, (Live Stock) it offers ample space for parking. Additional features include Gas furnace, water softener. Owned HWT, Don't miss this excellent opportunity! Previous & some Current taken photos are on MLS. Appointment online.Attach/Request SchB & form 801 with offers. (id:63159)
Listing Information
- MLS®
- X13836860
- Data last synced
- October 8, 2026
REALTY ONE GROUP DELTA
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: REALTY ONE GROUP DELTA
MLS® Number: X13836860
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: 7.5% ($74,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$799,920.00
Periodic payment — Principal & Interest (monthly)$5,160.81
Additional monthly expenses (condo fees, tax, utilities, etc.)$399.82
Total monthly cost$5,560.63
Interest paid over 5-yr term$229,259.37
Balance at end of term$719,530.63
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$74,990
Stress test qualifying rate8.19%
Payment you must qualify for$7,171.51
Cash Needed at Closing
Minimum down payment$74,990
Estimated Land Transfer Tax (LTT)$16,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$92,963
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.
