$2,149,000
FOR SALE

Detached Bungalow

Bedrooms: 4Bathrooms: 2Lot: 473.35 x 349.79 acres
2025 Taxes: $26,988.53

701 ERAMOSA Rd
Guelph, ON N1E 5Z1 | Grange Road | Wellington

Now is the time to invest in a property with huge development potential with a favorable 8.49% mortgage rate on a $1,050,000.00 fully open 2 year term (No broker fees). This 1.88 acre property offers amazing development potential with the City of Guelph and is ideally located at the corner of Eramosa Road and Speedvale Avenue. This home features a 3 bedroom all brick bungalow with open concept design and features a large eat-in kitchen, stainless steel appliances built in microwave oven, granite tops and center island with breakfast bar overlooking the large family room with gas fireplace. 3 nice sized bedrooms are also on the main floor, the primary offers a beautiful 4 piece ensuite. The partially finished basement offers a large rec room a fourth room currently used as a bedroom and a large den. This property also features a detached workshop / garage and a 2500 Sq Ft shop. NOTE: Property sold under power no warranties and is being sold "AS IS WHERE IS" Phase II environmental report can be provided when conditional offer accepted. Buyer to complete due diligence with municipal authorities on zoning possibilities.
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Listed By SULLIVAN REAL ESTATE Brokerage, INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12888400
Last Updated Mar 16, 2026
Property Summary
Property Type Detached

More like this:
PIN 713540002
Legal Description PT LOT 2, CONCESSION 6 , DIVISION C, TOWNSHIP OF GUELPH, AS IN BS14518 ; GUELPH
Possession Date Flexible
Taxes (2025) $26,988.53
Directions/Cross Streets Eramosa and Speedvale
Neighbourhood Grange Road
Area Wellington
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 4
Bathrooms 2
Lot 473.35 x 349.79 acres
Exterior Brick
Air Conditioning Central Air
Family Room Y
Basement Partially Finished
Garage Type Attached
Garage/Park Spaces Y
Parking Spaces 10
Heat Source Gas
Heat Type Forced Air
Sewers Septic

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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