23 KNIGHTSWOOD Boulevard, Guelph, Ontario, N1E3W3

Property Description

LEGAL DUPLEX! What makes this property a smart investment in Guelph? A fully legal 2-unit bungalow on a large corner lot, offering immediate rental income and long-term appreciation in a high-demand neighborhood. Welcome to 23 Knightswood Blvd, Guelph, ON, a rare opportunity to own a legal duplex bungalow in Guelph's established east-end community, perfect for investors, multi-generational families, or house hackers looking to offset their mortgage with rental income. This well-maintained home offers nearly 2,000 sq ft of total living space. The main floor (986 sq ft) features a bright and inviting layout with hardwood flooring throughout the living room and bedrooms, large windows that flood the space with natural light, and a freshly painted interior that feels clean and move-in ready. The functional kitchen includes in-suite laundry, a practical bonus for everyday living, while the 3 spacious bedrooms and updated 4-piece bathroom make it ideal for families or tenants. Downstairs, the legal 2-bedroom basement apartment (990 sq ft) provides excellent income potential or space for extended family. With its own private access through the garage side entrance, this unit features a large eat-in kitchen, comfortable living area, 2 well-sized bedrooms, and separate laundry, creating a fully independent living space that tenants will appreciate. Situated on a large corner lot with a fenced yard, this property offers both privacy and outdoor space. The attached garage plus parking for 3 additional vehicles adds convenience for multiple occupants, a key feature for rental appeal. Located within walking distance to schools, shopping, parks, and transit, this home sits in a high-demand rental pocket of Guelph, making it a strategic addition to any investment portfolio. Whether you're looking to generate passive income, accommodate extended family, or live in one unit while renting the other, this property delivers flexibility, functionality, and long-term value.

Quick Facts

• Property Type: House (Freehold)
• Style: Bungalow
• Bedrooms: 5 (3 above, 2 below)
• Bathrooms: 2
• Living Area: 1,976 sq ft (183.6 m²)
• Above Grade: 986 sq ft (91.6 m²)
• Below Grade: 990 sq ft (92.0 m²)
• Ownership: Freehold
• Attached: No
• Parking: 4.0 spaces (Attached Garage)
• Frontage: 90 ft (27.4 m)
• Basement: Finished, Full

Costs

• Annual Taxes: $4,948.00