What a great opportunity for homeowners looking to benefit from the additional mortgage support, smart investors, or multigenerational families looking for a lot of space and privacy. This fully renovated raised bungalow with a LEGAL apartment is located in a desirable area of Guelph. The home offers two self-contained units with separate entrances, providing privacy and flexible living arrangements. Live in the entire home or occupy one unit while generating rental income from another one. The spacious upper level is fully renovated and offers 3 bedrooms and 2 full bathrooms, great for families or larger rental groups. The upper level, with both renovated bathrooms, offers a 4-pc main bath and a 3-pc primary ensuite. A bright and functional kitchen with newer cabinets and ceramic tile flooring. The primary bedroom includes a 3-pc ensuite bathroom for convenience. The large lower level has 2 spacious bedrooms and a 3-pc bathroom, offering a cozy and practical living space. A full-size kitchen with updated cabinets, a cute dinette, and a living room with a cozy gas fireplace complete the lower level. The large windows in both units allow for plenty of natural light. Highlights include plenty of parking and a private yard that's ideal for gatherings or enjoying the outdoors with the family and friends. Updates include: furnace '23, A/C '21, water heater owned '22, new flooring throughout both levels, and updated all 3 bathrooms. Situated in a peaceful, well-established neighbourhood, near public transit and close to shopping, schools, parks, and other essential amenities, this property offers both convenience and strong investment potential. An excellent chance to own a home that generates income in Guelph's strong rental market. Vacant possession available at the end of April.