22 Lyle Place, Guelph

Price: $1,350,000

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: X13483218

**Size Matters!** Offering more than 2,000 sq. ft. of living space on the main floor alone, this exceptional bungalow delivers the room, comfort, and flexibility today's buyers are looking for. Thoughtfully renovated in 2014, the home showcases timeless design, quality craftsmanship, and attention to detail throughout. Rich oak hardwood flooring, modern trim, and a stunning custom kitchen featuring European appliances create a sophisticated backdrop for everyday living and entertaining. The spacious main level offers three generous bedrooms and two full bathrooms, including an impressive primary suite and an oversized second bedroom that must be seen to be appreciated. Downstairs, the fully finished lower level provides expansive recreation space with endless possibilities. Whether you envision a games room, home theatre, fitness area, or hobby space, there's room for it all. With some modification, the lower level could also be well suited for an accessory apartment or spacious in-law suite. Tucked away at the end of a quiet cul-de-sac in a neighbourhood that speaks for itself, this home sits on a generous pie-shaped lot with beautifully updated landscaping. The wraparound deck offers abundant space for outdoor dining, entertaining, and relaxation. Completing the package is an oversized double-car garage and a newly paved driveway with parking for up to four additional vehicles-ensuring plenty of space for family and guests alike. Whether you're looking for room to grow, space to entertain, or the flexibility of multi-generational living, this exceptional bungalow delivers it all. Don't miss your chance to make it yours-book your showing today before this outstanding property is gone.

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active
1/50

$1,350,000 - 22 Lyle Place, Guelph

Detached for Sale in Guelph

Popular Listing

Neighbourhood: Kortright East

5Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
X13483218
Property Type
Detached
Status
active
Days on Site
13
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Guelph
Listing Brokerage
Keller Williams Home Group Realty
Description

**Size Matters!** Offering more than 2,000 sq. ft. of living space on the main floor alone, this exceptional bungalow delivers the room, comfort, and flexibility today's buyers are looking for. Thoughtfully renovated in 2014, the home showcases timeless design, quality craftsmanship, and attention to detail throughout. Rich oak hardwood flooring, modern trim, and a stunning custom kitchen featuring European appliances create a sophisticated backdrop for everyday living and entertaining. The spacious main level offers three generous bedrooms and two full bathrooms, including an impressive primary suite and an oversized second bedroom that must be seen to be appreciated. Downstairs, the fully finished lower level provides expansive recreation space with endless possibilities. Whether you envision a games room, home theatre, fitness area, or hobby space, there's room for it all. With some modification, the lower level could also be well suited for an accessory apartment or spacious in-law suite. Tucked away at the end of a quiet cul-de-sac in a neighbourhood that speaks for itself, this home sits on a generous pie-shaped lot with beautifully updated landscaping. The wraparound deck offers abundant space for outdoor dining, entertaining, and relaxation. Completing the package is an oversized double-car garage and a newly paved driveway with parking for up to four additional vehicles-ensuring plenty of space for family and guests alike. Whether you're looking for room to grow, space to entertain, or the flexibility of multi-generational living, this exceptional bungalow delivers it all. Don't miss your chance to make it yours-book your showing today before this outstanding property is gone.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,971.51/mo

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$
5%20%50%

5-yr fixed avg.

Principal: $1,080,000Interest: $711,452
Mortgage Amount$1,080,000
Total Interest$711,452
Est. Property Tax$956/mo
Total Cost$1,791,452

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kortright East

Discover Kortright East

Kortright East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kortright East

  • Convenient location in Guelph
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Kortright East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

22 Lyle Place, Guelph

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$2,463

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $675/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Detached Home Advantages

Detached homes in Guelph are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Guelph.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Kortright East

I know Kortright East well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Guelph properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    22 Lyle Place, Guelph | $1,350,000 | Battaglia Team