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Listed 10 days ago

271 London Road W

Exhibition Park, Guelph

$599,000

Detached|2-Storey
3 | 3 | 3
About this home

Think your first home has to mean settling for less? Think again. Welcome to 271 London Road W, where $599,000 gets you a whole lot more house than you might expect. Nearly 1,900 sq. ft. of character-filled living space, 3 bedrooms, 3 full bathrooms, a fenced yard and a location that puts some of the best of Guelph within easy reach.Step inside and forget the cookie-cutter starter home. There's room here to actually live. The bright living and dining space has the character you hope to find in an established home, while the updated kitchen delivers the storage, workspace and breakfast bar you need every day. Then there's the bonus you probably weren't expecting, a separate main-floor family room with a full bathroom, giving you options for movie nights, overnight guests, a home office or whatever life brings next.Upstairs, you will find three bedrooms, including a generous sized primary bedroom with its own ensuite, plus another full bathroom and the convenience of second-floor laundry with the room for a work desk. Outside, there's a mature fully fenced yard, patio space, a private driveway with parking for three and enough room to garden, entertain or simply enjoy having outdoor space of your own.And then there's the neighbourhood. Set in Guelph's desirable Exhibition Park area, you're close to parks, schools, shopping, public transit and everything that makes this established part of the city such a great place to call home.If you've been waiting for a first home that doesn't feel like a first home, this could be it.271 London Road W, more space, more character, more possibilities

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$6,127
Lot Size33 ft x 120 ft
mls© NumberX13766228
Listed ByRE/MAX TWIN CITY REALTY INC.

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%
$3,066
Property tax
$511
Heat allowance
$150
Housing costs
$3,727 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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