$824,900
Available - For Sale
Listing ID: X13505548
116 Doyle Drive , Guelph, N1G 5B4, Wellington


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.
Price $824,900
Taxes: $5574.13
Occupancy: Tenant
Address: 116 Doyle Drive , Guelph, N1G 5B4, Wellington
Directions/Cross Streets: Clairfields Dr. W. & Gosling Gardens
Rooms: 6
Rooms +: 4
Bedrooms: 2
Bedrooms +: 1
Family Room: F
Basement: Separate Ent, Walk-Up
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 14.3 19.88
Room 2 Main Dining Ro 11.51 9.74
Room 3 Main Kitchen 11.51 9.18
Room 4 Main Primary B 13.09 15.06
Room 5 Main Bedroom 9.91 9.81
Room 6 Main Bathroom 6.36 7.08 4 Pc Bath
Room 7 Basement Bathroom 6.2 8.27 3 Pc Bath
Room 8 Basement Bedroom 14.79 12.4
Room 9 Basement Kitchen 10.76 10.53
Room 10 Basement Living Ro 13.09 10.53
Room 11 Basement Laundry 10.79 18.04
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 3 Basement
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Detached
Style: Bungalow
Exterior: Brick, Vinyl Siding
Garage Type: Attached
(Parking/)Drive: Private Do
Drive Parking Spaces: 2
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Square Footage: 700-1100
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Coldwell Banker Neumann Real Estate
Personal Picture
Lynn Tribbling
Sales Representative
Dir:
416-252-2221
Bus:
416-383-9525
 
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At a Glance:
Type: Freehold - Detached
Area: Wellington
Municipality: Guelph
Neighbourhood: Clairfields/Hanlon Business Park
Style: Bungalow
Lot Size: x 113.00(Feet)
Approximate Age:
Tax: $5,574.13
Maintenance Fee: $0
Beds: 2+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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