40 Lyon Avenue, Guelph

Price: $1,319,900

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13824788

A classic Guelph red-brick home, thoughtfully reimagined for the way we live now.Set in one of the city's most sought-after neighbourhoods, 40 Lyon brings together the best of old and new. Original hardwood floors, pocket doors, wood trim and a beautifully detailed grand staircase preserve the character and craftsmanship of the home, while a thoughtful renovation introduces a calm, contemporary sensibility throughout. Inside, long sightlines draw you through the main floor and all the way to the backyard, creating a sense of openness that is both unexpected and inviting. The living room is layered with character. A fireplace anchors the space, flanked by built-in cabinetry and a generous front window. Pocket doors lead into the dining room, where soaring ceilings, original wood-framed windows and a custom built-in china cabinet set an effortless backdrop for long dinners and evenings spent around the table. At the centre of the home is the kitchen - bright, generous and designed with gathering in mind. Part of the 2015 addition, the space is wrapped in windows and natural light, with a substantial island at its centre. It's the kind of room that naturally becomes the place everyone ends up. A dedicated mudroom and laundry room complete the main level, offering the practical function a family home needs. Upstairs, three generous bedrooms share a four-piece bathroom, while the primary suite is tucked privately beyond its own hallway entrance. A large walk-in closet, two additional closets and a beautifully finished three-piece ensuite create a true retreat - quiet, comfortable and removed from the rhythm of the rest of the house. Then, tucked above it all, is the attic. Finished and full of possibility, it can become whatever the next chapter calls for: a playroom, studio, office, music room or creative space.And the location is hard to beat. From 40 Lyon, Exhibition Park, Market Fresh and the restaurants, shops and energy of downtown Guelph are all within easy reach.

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$1,319,900 - 40 Lyon Avenue, Guelph

Detached for Sale in Guelph

Popular Listing

Neighbourhood: Exhibition Park

4Beds
3Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
X13824788
Property Type
Detached
Status
active
Days on Site
13
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Guelph
Taxes (2026)
$10,550
Listing Brokerage
Royal LePage Royal City Realty
Description

A classic Guelph red-brick home, thoughtfully reimagined for the way we live now.Set in one of the city's most sought-after neighbourhoods, 40 Lyon brings together the best of old and new. Original hardwood floors, pocket doors, wood trim and a beautifully detailed grand staircase preserve the character and craftsmanship of the home, while a thoughtful renovation introduces a calm, contemporary sensibility throughout. Inside, long sightlines draw you through the main floor and all the way to the backyard, creating a sense of openness that is both unexpected and inviting. The living room is layered with character. A fireplace anchors the space, flanked by built-in cabinetry and a generous front window. Pocket doors lead into the dining room, where soaring ceilings, original wood-framed windows and a custom built-in china cabinet set an effortless backdrop for long dinners and evenings spent around the table. At the centre of the home is the kitchen - bright, generous and designed with gathering in mind. Part of the 2015 addition, the space is wrapped in windows and natural light, with a substantial island at its centre. It's the kind of room that naturally becomes the place everyone ends up. A dedicated mudroom and laundry room complete the main level, offering the practical function a family home needs. Upstairs, three generous bedrooms share a four-piece bathroom, while the primary suite is tucked privately beyond its own hallway entrance. A large walk-in closet, two additional closets and a beautifully finished three-piece ensuite create a true retreat - quiet, comfortable and removed from the rhythm of the rest of the house. Then, tucked above it all, is the attic. Finished and full of possibility, it can become whatever the next chapter calls for: a playroom, studio, office, music room or creative space.And the location is hard to beat. From 40 Lyon, Exhibition Park, Market Fresh and the restaurants, shops and energy of downtown Guelph are all within easy reach.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,838.36/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,055,920Interest: $695,589
Mortgage Amount$1,055,920
Total Interest$695,589
Est. Property Tax$935/mo
Total Cost$1,751,509

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: Exhibition Park

Discover Exhibition Park

Exhibition Park 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 Exhibition Park

  • •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

Exhibition Park 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

40 Lyon Avenue, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$935
Insurance (est.)-$275
Net Cash Flow+$2,090

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 $660/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.

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.

About Exhibition Park

I know Exhibition Park 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.

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 $5,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    40 Lyon Avenue, Guelph | $1,319,900 | Battaglia Team