8013 HIGHWAY 7 S, Guelph/Eramosa

$599,995

For sale: Vacant Land

Vacant Land at 8013 HIGHWAY 7 S, Guelph/Eramosa
Property type
Vacant Land
MLS®
MLS® X13698666
Neighbourhood
Rural Guelph/Eramosa East

Excellent opportunity to build your dream home or invest in the future! This spacious 1.80-acre vacant lot offers approximately 142 feet of frontage and is situated in an established neighbourhood along Highway 7.The property features level terrain with a few mature trees toward the front, providing natural privacy. Electricity and natural gas are readily accessible, making this an ideal site for future development.Currently zoned Residential, the property permits single-family residential construction and may allow accessory structures, subject to municipal approvals and applicable zoning requirements.Conveniently located just 8 minutes from the University of Guelph and downtown Guelph, with easy access to schools, shopping, parks, and other amenities.

Sold data

Homes in Rural Guelph Eramosa East — recent sold market

Homes in Rural Guelph Eramosa East took a median of 27 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 64, across 48 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $1,249,500.

Homes sold for about 4.6% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$1,249,500
Sale-to-list ratio
95.4%
Sold above asking
8%

Based on 48 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 8013 HIGHWAY 7 S