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Property Type: Detached HouseOwnership: FreeholdNEW LISTING
8350 HWY 7 HIGHWAY
Guelph/Eramosa, ON N0B2K0
MLS® X14116458
2
Walk Score
27
Bike
$799,900
3 bed2 bath7 parking
2
Walk Score
27
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 100 x 240.5 FT
- Frontage
- 100 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,241.13 (2025)
Interior
- Basement
- Unfinished, N/A
- Heating
- Baseboard heaters, Electric
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | — |
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Bedroom 2 | Main level | — |
| Bedroom 3 | Main level | — |
| Bathroom | Main level | — |
Description
Welcome to 8350 Highway 7, a solid brick bungalow situated on a beautiful 0.55-acre property on the edge of Rockwood. Surrounded by mature trees and natural greenery, this home offers a peaceful setting with the convenience of being just minutes from town. Full of original 1970s character, this property presents a great opportunity for buyers looking to update and make a home their own. Stepping through the front door, you're greeted by a spacious entryway that leads into a large living room on the left, featuring an oversized picture window that fills the space with natural light and a brick fireplace that adds warmth and character. To the right of the entryway is the formal dining room, which connects to the eat-in kitchen featuring ample cabinetry, generous counter space, and a convenient side entrance providing direct access to the outdoors. The main floor also offers three good- sized bedrooms, including a spacious primary bedroom complete with its own 3-piece ensuite. The additional bedrooms provide comfortable space for family, guests, or a home office. Downstairs, the large unfinished basement offers plenty of potential for additional living space, a recreation room, or a workshop. Currently housing the laundry area, this clean and open space is ready for your finishing ideas. The attached garage also provides convenient direct access to the basement. Outside, the expansive 0.55-acre lot offers plenty of room to enjoy the outdoors, with mature trees, established landscaping, and a natural setting that provides a sense of privacy. Located just outside the heart of Rockwood, this property combines the space and surroundings of country living with easy access to local shops, schools, parks, and amenities. A well-built bungalow with original character, a generous property, and plenty of potential to make it your own. (id:63161)
Listing Information
- MLS®
- X14116458
- Tax assessment year
- 2025
- Data last synced
- October 27, 2026
REAL BROKER ONTARIO LTD.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: REAL BROKER ONTARIO LTD.
MLS® Number: X14116458
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
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 6.9% ($54,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$639,920.00
Periodic payment — Principal & Interest (monthly)$4,128.55
Additional monthly expenses (condo fees, tax, utilities, etc.)$353.43
Total monthly cost$4,481.97
Interest paid over 5-yr term$183,402.91
Balance at end of term$575,610.11
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$54,990
Stress test qualifying rate8.19%
Payment you must qualify for$5,775.84
Cash Needed at Closing
Minimum down payment$54,990
Estimated Land Transfer Tax (LTT)$12,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$68,963
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.