116 Doyle Drive, Guelph (clairfields/hanlon Business Park), Ontario

$824,900

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3

Beds

2

Baths

About 116 Doyle Drive

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. (id:36535)

Features of 116 Doyle Drive

Listing # X13784688
Price $824,900
Bedrooms 3
Bathrooms 2.00
Acres 0.00
Type Single Family
Sub-Type Freehold
Style Bungalow

Community Information

Address 116 Doyle Drive
Subdivision Clairfields/Hanlon Business Park
City Guelph (clairfields/hanlon Business Park)
Province Ontario
Postal Code N1G5B4

Amenities

Parking Spaces 3
Parking Attached Garage, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Appliances Water softener, Dishwasher, Dryer, Oven, Range, Washer, Refrigerator
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement Yes
Basement Features Separate entrance, Walk-up, Apartment in basement
Basement Type N/A, N/A, N/A

Exterior

Exterior Brick, Vinyl siding
Lot Description 42.3 x 113 FT
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of Coldwell Banker Neumann Real Estate

Listing Map