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For Sale

157 Municipal Street

Dovercliffe Park/Old University, Guelph, ON
$849,900
5Bd
3Ba
1,300+sqft
4Parking
47.28 x 100 ftlot
$654/sqft
DetachedMLS# X12912186Listed 2026-03-2343 DOM
Cooling
Central Air
Basement
Finished with Walk-Out

On the market for 43 days — longer than average. The seller may be open to negotiation.

About this home

Picture this: a quiet street in one of Guelph's most sought-after spots-the coveted Old University neighbourhood-where tree-lined roads feel timeless and the vibe just pulls you in. Right at 157 Municipal Street, this legal duplex is ready to impress. Upstairs: 4 good-sized bedrooms and 2 full bathrooms-plenty of space for family, roommates, or that perfect tenant setup. Downstairs: a cozy 1 bed, 1 bath unit with its own walk-out basement that spills straight into the backyard. Bright, private, and easy to rent out or keep for guests. Then there's the outside: a big driveway that fits multiple cars without a fight, plus a solid 2-car garage for storage, projects, or keeping vehicles tucked away. All on a peaceful, low-traffic street where you can actually hear birds instead of constant noise. This isn't just a house-it's income potential, room to breathe, and a prime location in one of the city's favorite areas. You can already feel it, can't you? That pull to come see it in person. Ready to walk through and make it yours?

Garage

Rooms

Main Floor
Bedroom10.00 × 17.00 m
Kitchen12.00 × 14.00 m
Living Room11.00 × 14.00 m
Dining Room10.00 × 9.00 m
Second Floor
Bedroom14.00 × 13.00 m
Bedroom12.00 × 11.00 m
Bedroom9.00 × 12.00 m
Bathroom9.00 × 6.00 m
Basement
Bedroom12.00 × 11.00 m
Family Room14.00 × 14.00 m
Kitchen15.00 × 14.00 m
Bathroom9.00 × 7.00 m
Utility Room14.00 × 14.00 m
Other
Other20.00 × 21.00 m

Features

  • Accessory Apartment
  • In-Law Capability
  • In-Law Suite
  • Apartment
  • Finished with Walk-Out
  • Walk-Out
  • Finished
  • Full
  • Central Air
  • 2-Storey

Financials

Annual Taxes
$5,437

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Basement apartment$1,800 – $2,500/mo
Rental yield6.4% – 9.9%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Guelph

Days on market43 days
Buyer's MarketSeller's Market

Based on active listings in Guelph. Data updates daily.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$849,900
157 Municipal Street, Guelph
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