240 LONDON Road W 71, Guelph

$549,900
240 LONDON Road W 71

$549,900

Price Change
21d
Condo Townhouse2-Storey

240 LONDON Road W 71, Guelph

Total Monthly Obligation $3,144

Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
21d
Score
22
Yield
6.4%
Cash on Cash
-0.4%
Cap Rate
4.5%
5Y IRR
15.2%
10Y IRR
14.3%
Property Type-Condo Townhouse
MLS® Number-X13856894
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$4,214.63 (2026)
Maintenance-$375/mo
Locker-None
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Real Estate Centre Inc
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Exhibition Park
Title-Residential Condo & Other

No agent assigned

Welcome to 71-240 London Rd W, a spacious 3-bedroom townhome with a finished basement, private fully fenced yard and an unbeatable central location within walking distance of Downtown Guelph! The main level offers a bright, open-concept layout with a large kitchen featuring fresh white cabinetry, a classic subway tile backsplash and plenty of counter and storage space. It flows seamlessly into the living and dining area, where laminate floors and sliding glass doors bring in plenty of natural light while providing direct access to the secluded backyard. A convenient powder room completes this level. Upstairs, the massive primary bedroom offers an impressive amount of space, with his-and-hers closets, multiple large windows and a bonus open area that would make an excellent dressing area, home office or cozy reading nook. Two additional generously sized bedrooms offer ample closet space, while a 4-piece bathroom with a shower/tub combination serves the upper level. The finished basement provides even more living space with a large recreation room offering plenty of flexibility for a movie room, home gym, playroom or office. With some adjustments, the space could also potentially be used as a guest bedroom. A 3-piece bathroom adds even more functionality to this level. Outside, the fully fenced backyard offers a private patio surrounded by mature trees, creating a peaceful setting for summer barbecues, outdoor dining or simply unwinding at the end of the day. A rear gate provides convenient access to the grassy common area beyond. The location is hard to beat! Just down the street, beautiful Exhibition Park offers playground equipment, a wading pool, tennis and pickleball courts, sports fields and plenty of green space. You're also within walking distance of Downtown Guelph, with its fantastic restaurants, cafes, bakeries, shops, nightlife and GO Station. Easy access to the Hanlon Parkway makes commuting around the city or out of town a breeze

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$3,144/mo
Mortgage $2,218
Monthly Loss $2,561
Principal$584
Interest$1,634
Property Tax$351
Condo Fees$375
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.2%2
5-Year IRR
11.6%47
10-Year IRR
12.0%
Returns Index
24.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,076/yr
NOI
$20,454/yr
Net Cash Flow
-$514/mo
Cash Margin
-17.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
27.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 240 LONDON Road W 71

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.