Attention investors and university parents! Large semi-detached home on an L shaped lot in dream location within walking distance to the University Of Guelph and downtown. Features two legal units. Main unit is currently rented by 6 high quality tenants, while second unit is rented by young professional couple. Both units completely independent from each other with separate entrances, laundries and kitchens. Long driveways is suitable for 6 small cars and bike shed available for storage. Meticulously kept property with new fridge, stove, washer, dryer, large basement window and sump pump installed in 2024. Beautiful and private outdoor space as a bonus. High quality tenants currently bringing $6,680/month plus paying hydro bill, would like to stay.Hot Water Tank
4 bedrooms, 4 bathrooms, about 1,500 sq ft, works out to roughly $733 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 43 Forbes Ave
Every detail from the listing, in one place.
Type
Duplex
Style
2 1/2 Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
6 spaces
Basement
Finished
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Duplex
43 Forbes Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14181964$1,099,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 43 Forbes Ave Compares to the Guelph Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,399
/mo
based on the purchase price of $1,099,000
$219,800 cash
$879,200 financed
$740,517 total interest
Principal54%$879,200
Interest46%$740,517
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Guelph
Other 3–6 bed homes for sale in Guelph around $1.1M.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio97.5%On average, homes sold below asking.
Active listings590Homes for sale here right now.
Median vs prior 90 days−2.1%Compared with May 19 – Aug 17, 2026: prices down.
Based on 586 sales from Aug 17 – Nov 15, 2026 (490 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 43 Forbes Ave
How much is 43 Forbes Ave listed for?
43 Forbes Ave is listed at $1,099,000 (MLS® X14181964). Summitly updates the price as soon as the MLS® record changes.
Is $1,099,000 a good price for 43 Forbes Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Guelph. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 43 Forbes Ave changed?
No — 43 Forbes Ave is still listed at its original asking price of $1,099,000.
How many bedrooms and bathrooms does 43 Forbes Ave have?
43 Forbes Ave has 4 bedrooms and 4 bathrooms, with about 1,500–2,000 square feet of living space. It is a duplex in Guelph.
How much would the monthly mortgage be on 43 Forbes Ave?
About $5,399 a month — principal and interest on $1,099,000 with 20% down ($219,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 43 Forbes Ave compare with other homes in Guelph?
Its asking price of $1,099,000 is about 50% above the median sold price in Guelph over the last 90 days, $734,000, across 586 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 43 Forbes Ave been sold before?
Summitly has no earlier MLS® sale or lease of 43 Forbes Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 43 Forbes Ave?
43 Forbes Ave is in Guelph, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 43 Forbes Ave been on the market?
3 days — 43 Forbes Ave was listed on November 12, 2026.
What is the price per square foot of 43 Forbes Ave?
About $550 to $733 per square foot: the asking price of $1,099,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 43 Forbes Ave have parking or a garage?
Yes — the listing gives 6 parking spaces.
Does 43 Forbes Ave have a basement, and is it finished?
