166 London Road, Guelph, ON

$599,900
MLS#:X8400814
2 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Exhibition Park. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $599,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 28 x 100 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Super cute 2 bedroom red brick bungalow in the sought after Exhibition Park area of Guelph. This is the perfect home for those looking for a detached home, but with pricing that is similar to a condo. From the moment you enter the brightly coloured front door, the charm and character of this amazing home is undeniable. Offering a surprisingly spacious and open floor plan with high ceilings and lots of large windows throughout, this home feels much larger than you would think. With beautiful slate tile and hardwood flooring, this home offers two bedrooms (primary bedroom features a stylish sliding barn door), a large living room and dining area, and a kitchen featuring classic white cabinetry and matte black handles. The main floor also has a 4 piece bathroom as well as a large mudroom addition at the back of the home that has access to the unfinished basement area with its abundant amount of storage space as well as the laundry area. Step into the backyard and you will find the multi-tiered deck and patio areas offering the perfect place for backyard barbeques and outdoor dinners...just sit back and enjoy the nice weather with friends and family in the shade from the mature trees. There is even a detached garage! This is the perfect chance to become part of this vibrant community with amazing neighbours and great schools, and you are just a short walk from both Exhibition Park and downtown Guelph. This area is fantastic for those who like to take walks or go on bike rides. There are many shops and restaurants nearby and everywhere you turn you are surrounded by charming and historic homes! This home is really special and is a must see for anyone looking for a detached home at this price point.

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Property Summary

This detached home located at 166 London Road, Guelph is currently for sale and has been available on SousaSells for 767 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 166 London Road, Guelph is in the Exhibition Park neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 8, 2024
Sold price information is available to members only
Listed Date6/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Shingle
BasementFull, Unfinished
Lot Size28 × 100 Feet
CountyWellington
Annual Tax$4,077.69
Legal DescriptionPT PARK LOT 7, PLAN 8 ; DESIGNATED AS PART 1 61R10559; GUELPH

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, Place Of Worship, Public Transit, School

Interior Features

Primary Bedroom - Main Floor, Water Softener

Security Features

Community Features

Location

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166 London Road, Guelph, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 166 London Road W, Guelph, ON N1H 2C3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph.

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Interest Rate4.00%
Down Payment$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in Guelph, ON

For a property listed at $599,900 in Guelph, the legal minimum down payment is $34,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,473 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Exhibition Park, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$1,036,362

People & Families

Age Distribution

Household Composition

One-person households
28%
Families with children
42%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English28%
Canadian22%
Scottish20%
Irish19%

Local Schools Guide

Elementary Schools

Victory
Public135 Exhibition Street, Guelph, Ontario, N1H 4R4
7.8
June Avenue
Public30 June Avenue, Guelph, Ontario, N1H 1H6
7.4
Central
Public97 Dublin Street North, Guelph, Ontario, N1H 4N2
7.6
Willow Road
Public125 Willow Road, Guelph, Ontario, N1H 1W4
3.1
King George
Public72 Lemon Street, Guelph, Ontario, N1E 2H5
7.7

Secondary Schools

Our Lady of Lourdes
Public54 Westmount Road, Guelph, Ontario, N1H 5H7
4.6
Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2
John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied68%
Rented32%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.