$3,150/mo - 240 London Road Unit 101, Guelph
Condo for Rent in Guelph
Neighbourhood: Downtown
- MLS Number
- X13470906
- Property Type
- Condo
- Status
- active
- Days on Site
- 17
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Guelph
- Locker
- None
- Exposure
- North East
- Balcony
- None
- Listing Brokerage
- Planet Realty Inc
Welcome to this professionally managed three-bedroom townhouse located in one of Guelph's most desirable neighbourhoods, just minutes from downtown, Exhibition Park, Guelph Collegiate Vocational Institute, and a wide range of everyday amenities. Offering a spacious and functional layout, this well-maintained home is perfect for families, professionals, or anyone seeking comfortable living in a convenient location. The bright main floor features a generous living room with laminate flooring and a walk-out to a private patio, creating the perfect space to relax or enjoy outdoor living. The kitchen offers ample cabinetry and counter space and comes complete with a fridge, stove, dishwasher, and a cozy dining area. Upstairs, you'll find three well-sized bedrooms and a full bathroom with a tub and shower. The finished basement provides valuable additional living space, along with a convenient two-piece bathroom and a laundry room equipped with a washer and dryer. Additional features include central air conditioning, two parking spaces, and landscaping maintenance included through the professionally managed condominium complex. Ideally situated close to parks, schools, public transit, and downtown Guelph, this home offers an excellent opportunity to enjoy both comfort and convenience in a sought-after community.
Discover Downtown
Downtown 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 Downtown
- •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
Downtown 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.
240 London Road Unit 101, Guelph
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fairly Priced Rental
At $3,150/mo, this is in line with typical 3-bedroom rents in Guelph (~$3,500/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Market Position
At 17 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.
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.
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.
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.
About Downtown
I know Downtown well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.