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Property Type: Other
7121 WELLINGTON RD 124 ROAD S
Guelph/Eramosa, ON N1H6H7
MLS® X13837072
$999,900
3 bed2 bath6 parking2 sqft
Property Details
Property & Lot
- Sub-type
- Unknown
- Lot size
- 2 acres
- Frontage
- 210 feet
Curren- Rural Residential and can Re zone M 3
Ownership & Fees
- Property type
- Other
- Annual property tax
- $4,797.79
Interior
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Fully air conditioned
- Fireplace
- None
Building
- Sewer
- Septic System
Parking
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! Current taken photos are on MLS.Appointment online.Attach/Request SchB & form 801 with offers. (id:63159)
Listing Information
- MLS®
- X13837072
- Data last synced
- September 30, 2026
REALTY ONE GROUP DELTA
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: REALTY ONE GROUP DELTA
MLS® Number: X13837072
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.
Values & Trends
This listing
$499,950/sqft
Building average
—
No other active listings in this building
Rural Guelph/Eramosa West average
$45,775/sqft
1 active listing(s)
Parking: 6 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
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
Similar Listings Nearby
No similar listings found nearby right now.
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.