$1,249,000 - 29 Lynwood Place, Guelph
Detached for Sale in Guelph
39 days on market- MLS Number
- X13113222
- Property Type
- Detached
- Status
- active
- Days on Site
- 39
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- Royal LePage Royal City Realty
Here is the opportunity to become the next steward of a property on a street where homes rarely come up for sale. Tucked away on an exclusive and quiet cul-de-sac in Guelph's most coveted Old University neighbourhood, this home is a testament to tradition and a slower, more intentional way of life. Held by the same family for 66 years, this property presents an era where neighbours know each other by name and children played freely on the street until the lights flicker on. The true crown jewel is the massive pie-shaped lot. Spanning approximately half an acre, the yard provides a sanctuary nearly impossible to find within the city today. The grounds are anchored by a majestic maple tree in the front yard, planted with pride in 1967 to mark Canada's Centennial. Under the vast canopy, you will find privacy and shade that invites you to putter in the garden or host summer lawn games. Designed in 1956, this bungalow prioritizes both togetherness and tranquil retreats with the option of exclusive main floor living. A large foyer flows into principal rooms, including an expansive dining room ready for multi-generational feasts and a living room anchored by an original fireplace and marble mantle. Practicality meets privacy with a clever wing design; the primary bedroom with an ensuite sits on the west side, while additional bedrooms occupy the east wing. The kitchen dinette offers stunning vistas of the rear acreage, tempting you to linger over morning coffee. The lower level extends the living space with a recreation room, bedroom, and ample storage. For those dreaming of a grander footprint, the sheer scale of this lot easily accommodates a substantial addition. The location is unparalleled for families, offering top-tier schools, the University of Guelph, and lush parks nearby. This is a rare chance to honour the past while building your future on one of the finest lots in the city. Experience the simplicity and grace of a home loved for a lifetime.
Estimate your monthly payments for this property
Estimated Payment
$5,524.75/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Guelph
Guelph is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Guelph
- •Convenient location in Guelph
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Guelph offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
29 Lynwood Place, Guelph
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $833/sqft, this property is priced in line with current Guelph market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 39 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Guelph are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Guelph. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Guelph properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.