116 Doyle Drive, Guelph

$824,900
116 Doyle Drive

$824,900

New
38d
DetachedBungalow

116 Doyle Drive, Guelph

Total Monthly Obligation $4,167

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
38d
Yield
3.2%
Cash on Cash
-10.9%
Cap Rate
2.2%
5Y IRR
7.0%
10Y IRR
7.9%
Property Type-Detached
MLS® Number-X13784688
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-42.32 × 113 ft
Listed on site-Sep 15, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,574.13 (2026)
Parking-3 - Attached
Basement-Separate Entrance, Walk-Up, Apartment
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker Neumann Real Estate
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Clairfields/Hanlon Business Park
Title-Residential Freehold

No agent assigned

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.

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Closing Costs

Mortgage Amount
$659,920
Land Transfer Taxes$12,973
Legal Fees (Est.)
$
Total cash required for closing$179,453

Total Monthly Obligation

$4,167/mo
Mortgage $3,327
Monthly Loss $3,291
Principal$876
Interest$2,452
Property Tax$465
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 116 Doyle Drive

Time

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