Priced to sell.BEAUTIFUL 5 BED 2 Story on 7.4 Acres with 2 bedrooms in the loft & 3 bedrooms on the main floor . Very spacious main floor comes with separate living dining ,family, breakfast area. Upgraded new windows doors, roof, a/c, hot water tank & oil tank. Minutes to acton, rockwood, guelph and hwy 401.
5 bedrooms, 1 bathroom, about 2,000 sq ft, works out to roughly $663 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 8438 Hwy 7
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
20 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
20
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
7.4
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
8438 Hwy 7 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13719170$1,325,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 8438 Hwy 7 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 →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
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
$6,509
/mo
based on the purchase price of $1,325,000
$265,000 cash
$1,060,000 financed
$892,798 total interest
Principal54%$1,060,000
Interest46%$892,798
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.
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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 4–5 bed homes for sale in Guelph/Eramosa around $1.3M.
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 8438 Hwy 7
How much is 8438 Hwy 7 listed for?
8438 Hwy 7 is listed at $1,325,000 (MLS® X13719170). Summitly updates the price as soon as the MLS® record changes.
Is $1,325,000 a good price for 8438 Hwy 7?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% 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 8438 Hwy 7 changed?
No — 8438 Hwy 7 is still listed at its original asking price of $1,325,000.
How many bedrooms and bathrooms does 8438 Hwy 7 have?
8438 Hwy 7 has 5 bedrooms and 1 bathroom, with about 2,000–2,500 square feet of living space. It is a detached home in Guelph/Eramosa.
How much would the monthly mortgage be on 8438 Hwy 7?
About $6,509 a month — principal and interest on $1,325,000 with 20% down ($265,000), 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 8438 Hwy 7 compare with other homes in Guelph/Eramosa?
Its asking price of $1,325,000 is about 30% 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 8438 Hwy 7 been sold before?
Summitly has no earlier MLS® sale or lease of 8438 Hwy 7 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 8438 Hwy 7?
8438 Hwy 7 is in Guelph/Eramosa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 8438 Hwy 7 been on the market?
56 days — 8438 Hwy 7 was listed on August 27, 2026.
What is the price per square foot of 8438 Hwy 7?
About $530 to $663 per square foot: the asking price of $1,325,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 8438 Hwy 7 have parking or a garage?
Yes — the listing gives 20 parking spaces. Garage: Yes.
Does 8438 Hwy 7 have a basement, and is it finished?
The listing describes the basement as: Unfinished.
