7897 Hwy 7 Rd is a 4-bedroom, 3-bathroom detached home in Guelph/Eramosa, listed for $2,280,000. It has 1500-2000 sq ft of living space.
1Discover The Perfect Blend of Countryside Serenity and City Convenience with This Beautifully Maintained Custom Bungalow, Set on a Sprawling 15.67-Acres lot along Highway 7.
2Ideally Located just Minutes from Vibrant Downtown Guelph.
3The Inviting Home Features 4 Spacious Bedrooms and 3 Bathrooms, Including Two Newly Renovated 3-piece Baths.
Discover The Perfect Blend of Countryside Serenity and City Convenience with This Beautifully Maintained Custom Bungalow, Set on a Sprawling 15.67-Acres lot along Highway 7. Ideally Located just Minutes from Vibrant Downtown Guelph. This Property Offers Both Privacy and Connectivity. The Inviting Home Features 4 Spacious Bedrooms and 3 Bathrooms, Including Two Newly Renovated 3-piece Baths. Inside, You'll Find Thoughtful Upgrades Such as New Hardwood Floor in Living Room, New AC, New Hot Water Tank(Rental) , New Washer/Dryer for modern comfort & New Dishwasher.The Kitchen Equipped with New Range Hood, Upgraded Water System with Purifier Ensures Clean and Reliable Water Throughout the Year. Convenient Main Floor Laundry Plus Interior And Side Door Access To The Lower Level; A Large Party Sized Rec Room With 10 Ft Ceilings, Large Windows, And Wood Burning Stove In Lower Level Providing Big Enough Heat For The Whole Family; Close to Guelph University,Guelph Montesorri School & Shopping Centre. You're Looking for A Peaceful Retreat, A Space to Expand, A Proximity to Amenities, And So Much Future Potentials, Don't Miss Your Chance to Own This Unique Property!
4 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $1,520 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 7897 Hwy 7 Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1500-2000 sq ftas stated on the listing
Parking
8 spacesYes garage
Basement
Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Partially Finished
Lot & land
Lot size (sqft)
15.67
Listing & possession
Property style
Bungalow
Property class
Detached
7897 Hwy 7 Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13724096$2,280,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7897 Hwy 7 Rd Compares to the Guelph/Eramosa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$11,201
/mo
based on the purchase price of $2,280,000
$456,000 cash
$1,824,000 financed
$1,536,287 total interest
Principal54%$1,824,000
Interest46%$1,536,287
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Guelph/Eramosa
Other 3–7 bed homes for sale in Guelph/Eramosa around $2.3M.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings96Homes for sale here right now.
Median vs prior 90 days+7.4%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 76 sales from Jul 24 – Oct 22, 2026 (50 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 7897 Hwy 7 Rd
How much is 7897 Hwy 7 Rd listed for?
7897 Hwy 7 Rd is listed at $2,280,000 (MLS® X13724096). Summitly updates the price as soon as the MLS® record changes.
Is $2,280,000 a good price for 7897 Hwy 7 Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Guelph/Eramosa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 7897 Hwy 7 Rd changed?
No — 7897 Hwy 7 Rd is still listed at its original asking price of $2,280,000.
How many bedrooms and bathrooms does 7897 Hwy 7 Rd have?
7897 Hwy 7 Rd has 4 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Guelph/Eramosa.
How much would the monthly mortgage be on 7897 Hwy 7 Rd?
About $11,201 a month — principal and interest on $2,280,000 with 20% down ($456,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 7897 Hwy 7 Rd compare with other homes in Guelph/Eramosa?
Its asking price of $2,280,000 is about 124% above the median sold price in Guelph/Eramosa over the last 90 days, $1,017,500, across 76 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 7897 Hwy 7 Rd been sold before?
Summitly has no earlier MLS® sale or lease of 7897 Hwy 7 Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7897 Hwy 7 Rd?
7897 Hwy 7 Rd is in Guelph/Eramosa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7897 Hwy 7 Rd been on the market?
55 days — 7897 Hwy 7 Rd was listed on August 28, 2026.
What is the price per square foot of 7897 Hwy 7 Rd?
About $1,140 to $1,520 per square foot: the asking price of $2,280,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 7897 Hwy 7 Rd have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
Does 7897 Hwy 7 Rd have a basement, and is it finished?
The listing describes the basement as: Partially Finished.
