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Listed 5 months ago

75 Lyon Avenue

Exhibition Park, Guelph

$1,698,000

Detached|Sidesplit
5 | 3 | 6
About this home

Tucked away at the quiet dead end of Lyon Avenue in the heart of Exhibition Park, this renovated 5 bedroom home offers a rare opportunity in one of Guelph's most sought after neighbourhoods. Known for its mature tree lined streets, strong sense of community, parks, schools, and walkability to downtown, Exhibition Park consistently holds value. Homes on this street rarely come to market. Thoughtfully expanded and redesigned, the home blends timeless character with modern updates. The kitchen was completely reimagined in 2021 by Newlife Cabinetry Kitchens and showcases quartz and granite counters, a nearly 12 ft island with prep sink, full apron sink overlooking the backyard, oversized gas range with custom hood, built in appliances, and extensive custom cabinetry with premium storage. Abundant windows and cabinet lighting enhance warmth and natural light. The foyer features cathedral ceilings and open to above design with built in cubbies for everyday organization. A French glass pocket door offers flexibility between the kitchen and great room. The dining area, highlighted by a large bay window overlooking the streetscape, flows from the kitchen and can also serve as a formal living space. Just steps down, the spacious great room offers custom built ins, detailed trim work, gas fireplace, garage access, walkout to the yard, and convenient 3 piece bath ideal for pool use. The private primary suite is set in its own wing with 12 ft ceilings, hardwood floors, lounge or office space, and a luxurious ensuite with heated floors, soaker tub, glass shower, granite double vanity, and custom built ins. Four additional bedrooms, upper laundry, and a spa inspired main bath complete the upper level. The backyard is a private oasis featuring a heated Gunite pool, hot tub, conversation area, and raised garden boxes. A partially finished lower level with high ceilings, framed space, rough in bath, storage, and cold room offers future potential. Exhibition Park living awaits.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleSidesplit
Approx. Age51-99
Size2500-3000 sq. ft.
Property Tax$10,706
Lot Size72.88 ft x 116.38 ft
mls© NumberX13038314
Listed ByCHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,691
Property tax
$892
Heat allowance
$150
Housing costs
$9,733 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $339,600
25-yr amortization

Income needed

$299,000

gross annual household income

Payment at 4%
$7,145 / mo
Cash down
$339,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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