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    For Sale - 116 Doyle Drive, Guelph, Ontario

    Est payment $3,961/mo
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    Time on Jump  1 days

    AI Summary *

    • Legal two-unit bungalow with a permitted basement apartment generating $1,775 monthly rent.
    • Main-floor living includes two bedrooms, a rear deck, and a yard.
    • Basement apartment has a separate entrance, private laundry, soundproofing, and storage.
    • Quiet corner lot offers a sunny deck, fewer overlooking neighbours, and parking for three cars.
    • Near schools, shopping, transit, Highway 6, and the 401.




    Getting into the market is harder than ever, and as a first-time buyer, you've probably already seen what your budget gets you: lower-priced homes that need a long list of updates, sit in tough locations, or carry more risk than they're worth. This one's different, because it helps pay for itself. This bungalow has a legal, purpose-built accessory apartment that brings in $1,775/month in rent. Put that toward a $4,000 monthly mortgage and your share drops by more than 40%. Income like that can make homeownership possible now instead of years from now, and it can help when you qualify for financing too. There's no fancy 'in-law' language here. This home has 2 legal units and was designed for an owner to live in one of them. The basement apartment was professionally finished with permits in 2016 and has a separate side entrance, its own laundry, soundproofing, and lots of storage. It's been rented and it works, so you're not taking a gamble on an unfinished idea. You get the upper unit: 2 bedrooms, main floor living, a rear deck and yard, plus 160 square feet of extra storage and laundry space that's ready to be a home gym, an office, or wherever the overflow goes. The construction is modern, the home is updated and well maintained, and it sits on a quiet corner lot in guelph's popular south end. That means fewer neighbours looking into your backyard, full sun on the deck, and parking for 3 cars, including an insulated garage, with room left for guests. Schools, shopping, and transit are steps away, with quick access to hwy 6 and the 401. People who buy in this pocket tend to stay. Live up, rent down, and let your home help with the bills while you build equity. Your first home doesn't have to be a compromise. It could come with a monthly raise. Book a viewing. Livehere.
    Listing IDX14145486
    Address116 Doyle Drive
    CityGuelph, Ontario
    Price$824,900
    Bed / Bath3 / 2 Full
    StyleBungalow, Detached
    ConstructionBrick, Vinyl Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Accessory Apartment, Water SoftenerOwnership FreeholdBasement Separate Entrance, Walk-Up, ApartmentFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: Coldwell Banker Neumann Real Estate

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    116 Doyle Drive
    Guelph , Ontario
    3 2 $824,900
    Get more info