Affordability continues to be a concern for those looking to get into the housing market, and rightfully so. Getting into the market can be tough - lower priced homes can come with a list of required updates, tough locations, and more risk than they are worth. If this sounds like your experience - you should look closer at this opportunity. With a legal purpose built accessory apartment, this home pays the owner $1775/month - cash. Imagine adding that to the top line of your income. A $4,000 monthly mortgage commitment just dropped 40%. Modern construction quality, updated, well maintained, and in a dynamite location - a quiet corner lot in Guelph's popular South End. Schools, shopping, and transit are all steps from your front door, with access to Hwy 6 and the 401. The people who land in this pocket tend to stay. This corner lot on a quiet street means fewer neighbours looking into your backyard, full sun on the deck, parking for 3 cars including an insulated garage, and enough room left over for guests. That combination is hard to find. Onto the important stuff. No fancy 'in law' language - this bungalow has 2 legal units, and it's designed with owner occupancy in mind. The basement apartment was professionally finished with permits in 2016 - separate side entrance, self-contained laundry, soundproofing, and ample storage. It doesn't feel like an afterthought, because it wasn't one. It's been rented and it works. The upper unit has 2 bedrooms, main floor living, rear deck and yard, and has 160 square feet of additional storage and laundry space. Home gym, office, overflow - you name it. What you're really buying here is flexibility. Live up, rent down, and let the asset work while you do. Or hold it fully as an investment - we can help with that. Either way, by the time you move in, you will be walking to dinner and collecting a monthly raise. This is a well-built, income-generating home in a part of the city that people keep choosing. Book a viewing. LiveHere.

Listing courtesy of Coldwell Banker Neumann Real Estate

Listing information is provided by Participants of the Toronto Real Estate Board. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Toronto Real Estate Board
Last checked 2026-09-18 11:49 AM UTC