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5116 Third Line

5116 Third Line

Guelph/Eramosa, ON

  • 4 bed
  • 2 bath
  • approx. 2000-2500 sqft
  • Farm
  • 100 days on market
$2,899,900Price reduced 3%

Welcome to this exceptional 77-acre horse farm offering a rare opportunity for equestrian enthusiasts, investors, or those seeking a picturesque rural lifestyle. An active and established horse operation, the property currently features a farm business and is fully equipped to support a variety of equestrian pursuits.The charming farmhouse blends character and functionality with spacious living areas designed to take full advantage of the surrounding countryside. The heart of the home features a warm and inviting living room complete with a fireplace, built-in shelving, and custom cabinetry. A second fireplace in the kitchen creates a cozy gathering space, while the main floor office offers direct outdoor access, making it ideal for a home-based business, farm management, or client meetings. A main floor bedroom provides flexibility for guests, multi-generational living, or convenient one-level living. Upstairs, you'll find two additional bedrooms and a versatile den that can easily serve as a home office, reading nook, or fourth sleeping area.The farm infrastructure is designed for serious equestrian use and includes a 96' x 40' barn with 14 oversized 12' x 12' stalls, a wash rack, high ceilings, and excellent ventilation. An additional bank barn offers 10 large stalls, a 2-piece washroom, office, lunchroom, and substantial upper-level hay storage. The property also features a professional half-mile training track with 5/8-mile turns, seven large paddocks with electric braided fencing and underground water lines providing year-round water to each paddock, six run-in sheds, extensive landscaping, and a paved circular driveway. A rare offering combining productive farmland, established equestrian facilities, and a comfortable family home, all set within a beautiful and private countryside setting. Whether you're expanding an existing operation or pursuing your dream of country living, this remarkable property delivers endless possibilities.

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Listing Details

Taxes (2026)
$6,340
Originally Listed
$2,999,900
Listed
June 10, 2026

Price History

Property

Style
2-Storey
Construction
Vinyl Siding, Metal/Steel Siding
Roof
Metal, Asphalt Shingle
Foundation
Stone
Interior
Water Heater, Water Softener
Lot Size
596 x 2481.22 Feet

Parking

Garage
Detached
Covered Spaces
3
Total Parking
23

Utilities

Sewer
Septic
Heat Source
Oil

Location & Legal

Cross Street
Hwy 7 and 3rd Line
Zoning
Z1
Parcel Number
711790052
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
All appliances in house, storage container for diesel fuel. All pool equipment and accessories. All window treatments and light fixtures.
Exclusions
Washer, dryer and fridge located in barn. All horse equipment and tools. All tenant belongings. John Deere Tractor and all accessories (front end loader, snow blower, snow blade, track conditioner and grader, screens, water wagon, rotary cutter). Gazebo in backyard.

Schools

Elementary

  • Rockwood Centennial Public School2.2 km

    Public · Upper Grand DSB · 340 students

    Grade 3 reading: 90% met the provincial standard · Grade 6 math: 63% met the provincial standard

  • Ecole Harris Mill Public School2.5 km

    Public · Upper Grand DSB · 235 students

    Grade 3 reading: 76% met the provincial standard

  • Sacred Heart - Rockwood Catholic Elementary School2.8 km

    Catholic · Wellington CDSB · 335 students

    Grade 3 reading: 78% met the provincial standard · Grade 6 math: 51% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N0B

Population
86,919
Private dwellings
31,269
Median age
42.8
Average household size
2.9
Median household income
$120,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Guelph/Eramosa · last 12 months

Median sold price
$999,900
Homes sold
167
Median days on market
26
Sale-to-list price
96.6%

Based on 167 recorded sales of residential freehold properties in Guelph/Eramosa over the last 12 months.

Rooms

3-piece on Main, 3-piece on Second

Second

  • Bedroom14'11" x 14'4"
  • Bedroom14'4" x 16'4"
  • Bedroom14'11" x 9'1"

Main

  • Bedroom14'10" x 12'4"
  • Dining Room13'1" x 8'
  • Kitchen13'1" x 12'5"
  • Living Room20'11" x 21'
  • Mud Room7'7" x 9'11"
  • Office13'7" x 13'6"

Listed by

Coldwell Banker Neumann Real Estate

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$579,980

Estimated Monthly Payment

$14,246

Land transfer tax

Estimated land transfer tax$58,973

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $14,246/mo (20% down, 5.5%)

Taxes: $528/mo · Insurance: $725/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Upstairs, you'll find two additional bedrooms and a versatile den that can easily serve as a home office, reading nook, or fourth sleeping area.The farm infrastructure is designed for serious equestrian use and includes a 96' x 40' barn with 14 oversized 12' x 12' stalls, a wash rack, high ceilings…. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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