240 London Road, Unit 62, Guelph, ON

$614,900
MLS#:X12167813
3 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Exhibition Park. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $614,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to London Lane Townhomes, a sought-after community nestled in the heart of Guelphs vibrant Exhibition Park neighborhood. This charming complex offers a harmonious blend of comfort, convenience, and community living making it an ideal choice for first-time buyers, downsizers, and investors alike. Not only is this home located in one of Guelph's most desirable complexes, but it's also one of the RARE units featuring an attached garage, offering two exclusive parking spaces. If you've been waiting for a sign - THIS IS IT! This fantastic 3-bed, 2-bath home with a fully finished basement delivers unbeatable value. With several updates throughout including a newer furnace (24) and a vibe that just feels right, this one won't wait around. Simply turn the key, move in, and enjoy the perks of maintenance-free condo living - no shovelling, no mowing, just more time to relax and enjoy your home.

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Property Summary

This townhouse located at 240 London Road, Guelph is currently for sale and has been available on SousaSells for 420 days. This property is listed at $614,900 with an estimated mortgage of $2,047* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 240 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
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 16, 2025
Sold price information is available to members only
Listed Date5/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFull, Finished
CountyWellington
Annual Tax$3,576

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Public Transit

Interior Features

Water Heater

Security Features

Community Features

Virtual Tours

Location

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240 London Road, Unit 62, 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 240 London Road W 57, Guelph, ON N1H 8N8

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.

Market Trend
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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$184,470 (30.0%)
* Minimum Canadian down payment required for this price is $36,490.
Amortization Period30 Years
Estimated Monthly Payment$2,047Based on a loan of $430,430 over 30 years.
Purchase Price$614,900
Loan Amount$430,430
Provincial Land Transfer Tax:$8,773
Total Estimated Closing Taxes:$8,773

About Purchasing a Home in Guelph, ON

For a property listed at $614,900 in Guelph, the legal minimum down payment is $36,490 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 $8,773 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 $8,773.

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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$1,036,361

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.