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Renanza Realty
For sale

116 DOYLE DRIVE

Guelph (Clairfields/Hanlon Business Park), Ontario

MLS® X14145486

$824,900

Status
Active
Property type
House
MLS® number
X14145486
Bedrooms
3
Bathrooms
2
Year built
—

Listing description

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.

Property summary

MLS® number
X14145486
Property type
Single Family
Building type
House
Title
Freehold
Land size
42.3 x 113 FT
Annual property taxes
$5,574.13
Parking
3 spaces · Attached Garage, Garage
Days on market
2 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Apartment in basement, Separate entrance, Walk-up, N/A, N/A, N/A
Appliances
Washer, Refrigerator, Water softener, Dishwasher, Range, Oven, Dryer
Exterior features
Brick, Vinyl siding
Architectural style
Bungalow

What would this home cost you?

Based on the $824,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,838 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Coldwell Banker Neumann Real Estate, GUELPH.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.