56 LEMON Street, Guelph, ON

$1,050,000
MLS#:X8473820
3 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of St. George's. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,050,000 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 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 51.79 x 71.65 ft lot
  • Features a partial basement, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled in the highly desired St. Georges Park neighbourhood, at the corner of Stuart St. and Lemon St., sits a charming 2-storey home at 56 Lemon St. Full of character and situated on one of the most picturesque tree-lined streets in Guelph, this home is perfect for families and individuals alike. Enjoy long strolls through the neighbourhood or visit the nearby parks, where neighbours come together to build ice rinks in the winter for kids to enjoy. Top-rated schools are within walking distance, ensuring a short commute for your children. Grocery stores, gyms, downtown amenities, and excellent local restaurants are all close by for you to enjoy, with the hospital just a short distance away. This beautiful home features three bedrooms, three bathrooms, including an ensuite bathroom off the primary bedroom, and an attached one-car garage. The large covered front porch is the perfect place to sip your morning coffee or relax on a swing seat. Weekend mornings will be well spent here watching the kids play in the fully fenced private yard featuring beautiful gardens, a stone patio and a recreational play area. Inside, youll find a pristine white kitchen with granite countertops, a large island with seating for three and ample amount of storage space with the added convenience of a walk-in pantry. The kitchen overlooks the living and dining room for the perfect open concept living space. The main floor boasts stunning hardwood flooring, while plush carpeting on the second floor ensures comfort in the bedrooms. Large windows throughout the home allow natural light to flood in, creating a bright and inviting space. There's a reason why homes don't often come for sale in this neighbourhood. Dont miss this opportunity to experience the perfect blend of modern convenience and timeless charm in St. Georges Park. Come see for yourself and book your showing today.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 6, 2024
Sold price information is available to members only
Listed Date6/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStucco (Plaster)
BasementPartial Basement, Partially Finished
Lot Size51.79 × 71.65 Feet
CountyWellington
Annual Tax$6,624.6
Legal DescriptionPT LOT 30, PLAN 232 , AS IN MS60693 ; GUELPH

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, School, Hospital, Fenced Yard, River/Stream, Wooded/Treed

Interior Features

Auto Garage Door Remote

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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56 LEMON Street, 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 56 LEMON Street, Guelph, ON N1E 2H3

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 Rate5.25%
Down Payment$210,000 (20.0%)
* Minimum Canadian down payment required for this price is $210,000.
Amortization Period25 Years
Estimated Monthly Payment$5,006Based on a loan of $840,000 over 25 years.
Purchase Price$1,050,000
Loan Amount$840,000
Provincial Land Transfer Tax:$17,475
Total Estimated Closing Taxes:$17,475

About Purchasing a Home in Guelph, ON

For a property listed at $1,050,000 in Guelph, the legal minimum down payment is $210,000 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 $17,475 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 $17,475.

Nearby Listings

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No current listings found in Guelph.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for St. George's, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$1,149,990

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

John Galt
Public50 Laurine Avenue, Guelph, Ontario, N1E 4M9
6.3
King George
Public72 Lemon Street, Guelph, Ontario, N1E 2H5
7.7
Ottawa Crescent
Public75 Ottawa Crescent, Guelph, Ontario, N1E 2A8
4.8
St John
Public63 Victoria Road North, Guelph, Ontario, N1E 5G9
5.2
Sacred Heart
Public125 Huron Street, Guelph, Ontario, N1E 5L5
6.3

Secondary Schools

John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7
St. James
Catholic57 Victoria Road North, Guelph, Ontario, N1E 5G9
5.9
Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2

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.