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116 Doyle Drive, Guelph, ON N1G 5B4

  • Home
  • Guelph

116 Doyle Drive, Guelph, ON N1G 5B4

116 Doyle Drive, Guelph, ON N1G 5B4

$824,900

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Property ID:

 RH-1617714-property

Bedrooms
3
Bathrooms
2
Garage
No

Description

Affordability continues to be a concern for those looking to get into the housing market, and rightfully so. Getting into the market can be tough – lower priced homes can come with a list of required updates, tough locations, and more risk than they are worth. If this sounds like your experience – you should look closer at this opportunity. With a legal purpose built accessory apartment, this home pays the owner $1775/month – cash. Imagine adding that to the top line of your income. A $4,000 monthly mortgage commitment just dropped 40%. Modern construction quality, updated, well maintained, and in a dynamite location – a quiet corner lot in Guelph’s popular South End. Schools, shopping, and transit are all steps from your front door, with access to Hwy 6 and the 401. The people who land in this pocket tend to stay. This corner lot on a quiet street means fewer neighbours looking into your backyard, full sun on the deck, parking for 3 cars including an insulated garage, and enough room left over for guests. That combination is hard to find. Onto the important stuff. No fancy ‘in law’ language – this bungalow has 2 legal units, and it’s designed with owner occupancy in mind. The basement apartment was professionally finished with permits in 2016 – separate side entrance, self-contained laundry, soundproofing, and ample storage. It doesn’t feel like an afterthought, because it wasn’t one. It’s been rented and it works. The upper unit has 2 bedrooms, main floor living, rear deck and yard, and has 160 square feet of additional storage and laundry space. Home gym, office, overflow – you name it. What you’re really buying here is flexibility. Live up, rent down, and let the asset work while you do. Or hold it fully as an investment – we can help with that. Either way, by the time you move in, you will be walking to dinner and collecting a monthly raise. This is a well-built, income-generating home in a part of the city that people keep choosing. Book a viewing. LiveHere.

Additional Details

  • Property Sub Type: Detached
  • Transaction Type: For Sale
  • Basement: Separate Entrance, Walk-Up, Apartment
  • Heating Source: Gas
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Parking Space: 2
  • Virtual Tour: https://unbranded.youriguide.com/116_doyle_dr_guelph_on
  • MLS Status: New

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