60 Lynnmore Street Unit 313, Guelph

Price: $459,900

3 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X12871880

This bright and cheerful 2-bedroom + den condo is the perfect place to call home or a smart investment if you're looking for something close to the University of Guelph! Brand new luxury vinyl plank flooring installed in March 2026 in a stunning herringbone pattern adds a fresh, modern feel throughout the space. The open-concept kitchen flows seamlessly into the living area, so you're never out of the conversation while cooking. Step out onto your private covered balcony-perfect for your morning coffee or a glass of wine in the evening. Need a home office or a separate dining area? The den offers that extra flexibility. Both bedrooms are generously sized with big windows and double closets, and there's even an in-suite laundry room with additional storage. With low condo fees and a location close to schools, parks, transit, and all the south-end amenities, this one checks all the boxes for first-time buyers, parents of U of G students, or investors!

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$459,900 - 60 Lynnmore Street Unit 313, Guelph

Condo for Sale in Guelph

100 days on market
3Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
X12871880
Property Type
Condo
Status
active
Days on Site
100
Bedrooms
3
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Guelph
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
Royal LePage Royal City Realty
Description

This bright and cheerful 2-bedroom + den condo is the perfect place to call home or a smart investment if you're looking for something close to the University of Guelph! Brand new luxury vinyl plank flooring installed in March 2026 in a stunning herringbone pattern adds a fresh, modern feel throughout the space. The open-concept kitchen flows seamlessly into the living area, so you're never out of the conversation while cooking. Step out onto your private covered balcony-perfect for your morning coffee or a glass of wine in the evening. Need a home office or a separate dining area? The den offers that extra flexibility. Both bedrooms are generously sized with big windows and double closets, and there's even an in-suite laundry room with additional storage. With low condo fees and a location close to schools, parks, transit, and all the south-end amenities, this one checks all the boxes for first-time buyers, parents of U of G students, or investors!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,359.53/mo

Includes CMHC insurance ($12,831)

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5-yr fixed avg.

Principal: $413,910Interest: $281,116
Mortgage Amount$426,741
Total Interest$281,116
Est. Property Tax$326/mo
Total Cost$707,858

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.

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Neighbourhood Guide: Guelph

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

60 Lynnmore Street Unit 313, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$326
Insurance (est.)-$96
Net Cash Flow+$1,673

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $511/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 100 days on site, this property has exceeded the typical selling timeline for Guelph. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    60 Lynnmore Street Unit 313, Guelph | $459,900 | Battaglia Team