305 Ridge Road, Guelph/Eramosa

$1,150,000
305 Ridge Road

$1,150,000

New
29d
Detached2-Storey

305 Ridge Road, Guelph/Eramosa

Total Monthly Obligation $5,574

Beds
4
Baths
3
Park
5
Sqft
2000-2500
DOM
29d
Score
15
Yield
3.5%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.1%
Property Type-Detached
MLS® Number-X13822894
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-49.24 × 114.83 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,721.34 (2026)
Parking-7 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Royal LePage Royal City Realty
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rockwood
Title-Residential Freehold

No agent assigned

Welcome to 305 Ridge Road, Rockwood - a spacious family home in a quiet setting with beautiful views beyond the backyard. Tucked away on a peaceful street, this two-storey all-brick home offers over 2,400 square feet of living space, four bedrooms upstairs and a layout that provides plenty of room for family life. The main floor features a welcoming foyer, formal dining room, comfortable living room and a bright kitchen with adjoining eating area. Large windows bring in plenty of natural light, while the walkout provides easy access to the rear yard and outdoor spaces. A convenient powder room completes the main level. Upstairs, four well-sized bedrooms provide plenty of flexibility for family, guests or a home office. The primary bedroom offers a comfortable retreat, while the second-floor laundry adds everyday convenience. Outside, the property offers a generous backyard with a deck and covered porch, along with an open view beyond the rear lot that provides a wonderful sense of space. There is plenty of opportunity to personalize the landscaping and outdoor areas to suit your own tastes. One of the property's standout features is the detached double garage. With its impressive ceiling height and generous footprint, it offers considerably more than a place to park your vehicles. For the hobbyist, tradesperson, collector or anyone looking for a substantial workshop, the possibilities here are worth exploring. The home provides a solid foundation and an opportunity for its next owners to make it their own, with a spacious floor plan, four bedrooms, a great garage and a setting that is becoming increasingly difficult to find. Located in Rockwood, with its small-town charm, local amenities, schools, parks and easy access to Guelph and surrounding communities, 305 Ridge Road offers space, flexibility and plenty of potential.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$920,000
Land Transfer Taxes$19,475
Legal Fees (Est.)
$
Total cash required for closing$250,975

Total Monthly Obligation

$5,574/mo
Mortgage $4,639
Monthly Loss $4,353
Principal$1,221
Interest$3,418
Property Tax$560
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
5.8%14
10-Year IRR
7.3%
Returns Index
8.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$40,140/yr
NOI
$24,905/yr
Net Cash Flow
-$2,563/mo
Cash Margin
-76.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
16.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 305 Ridge Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.