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.
116 Doyle Dr. Guelph On N1g 5b4 is located in Guelph, ON (N1G 5B4).
116 Doyle Dr. Guelph On N1g 5b4 is listed for sale at $824,900.
This detached home offers 3 bedrooms and 2 bathrooms.
It is a detached home.
Annual property taxes are approximately $5,574 (2026).
Yes — 116 Doyle Dr. Guelph On N1g 5b4 includes 3 parking spaces.
Contact Barbara Beers and the Barbara Beers Real Estate team at +1-905-634-2335 or barbara@barbarabeers.com to book a private showing or request more details.
Purchase Price
Estimate only. Does not include property taxes, insurance, or fees. Actual rates may vary. Contact us for personalized mortgage guidance.
Listing Brokerage: Coldwell Banker Neumann Real Estate
Advertised By: Royal LePage® Burloak Real Estate Services
MLS®, REALTOR®, and associated logos are trademarks of CREA.
116 Doyle Dr. Guelph On N1g 5b4, Guelph, ON, N1G 5B4
City: Guelph
Price: $524,900 - $1,124,900
Type: Residential
Bedrooms: 3+
Bathrooms: 2+