$679,900 - 23 Muskoka Drive, Guelph
Detached for Sale in Guelph
Neighbourhood: Victoria North
- MLS Number
- X13650746
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- eXp Realty
Detached Bungalow + Legal 2-Bedroom Basement Apartment = Opportunity! Welcome to 23 Muskoka Drive, a rare chance to own a quality-built bungalow with a LEGAL TWO-BEDROOM BASEMENT APARTMENT in one of North Guelph's most sought-after, family-friendly neighbourhoods. Ideally located just steps from Brant Park and close to excellent schools, shopping, Walmart, restaurants, and everyday amenities, with quick access to Victoria Road for an easy commute, this starter home offers the perfect blend of convenience and community. The bright and functional main level features a classic bungalow layout with three spacious bedrooms, a large main bathroom, a formal living room filled with natural light, and a bright, inviting kitchen that's perfect for everyday living. A separate entrance leads to the fully self-contained legal basement apartment, making it ideal for multigenerational living or generating rental income to help offset your mortgage. The lower level boasts an updated kitchen, two generously sized bedrooms, a stylish full bathroom, a cozy living room with a fireplace, and its own private laundry. An additional set of laundry machines is conveniently located in the utility room for the upper level, along with another bathroom and plenty of extra storage space. Outside, you'll find a large, fully fenced backyard that's perfect for children, pets, and entertaining. The extra-long, wide driveway, along with the attached carport, provides parking for up to four vehicles. Whether you're an investor, home buyer looking for mortgage support, or a family seeking flexible living space, this is an exceptional opportunity to own a detached home and start building equity while benefiting from a legal income-generating apartment in a wonderful established neighbourhood. Don't miss your chance to call 23 Muskoka Drive home!
Estimate your monthly payments for this property
Estimated Payment
$3,488.24/mo
Includes CMHC insurance ($18,969)
5-yr fixed avg.
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.
Discover Victoria North
Victoria North 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 Victoria North
- •Convenient location in Guelph
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Victoria North 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.
23 Muskoka Drive, Guelph
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $971/sqft, this property is priced in line with current Guelph market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.