Amazing opportunity for homeowners seeking additional mortgage support, savvy investors, or multigenerational families. 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 upper level features a spacious layout with 3 bedrooms and 2 full bathrooms, ideal for families or larger rental groups. A bright and functional kitchen featuring rich dark wood cabinetry, sleek granite countertops, a stylish tile backsplash, and plenty of storage space. It is equipped with stainless steel appliances, including a built-in microwave and smooth-top range, creating a modern and practical cooking area. The primary bedroom includes a 3-pc bathroom. The lower level has 2 spacious bedrooms and a 3-pc bathroom, offering a comfortable and functional living space. A large eat-in kitchen, a living room with a cozy gas fireplace, and a primary bedroom with a bonus room complete the lower level. Both units feature bright interiors and practical layouts. Additional highlights include ample parking and a large private yard, perfect for relaxing or entertaining outdoors. Updates: furnace 2024, A/C 2025, water heater owned 2026, electrical panel 2014, flooring throughout both levels, and updated all 3 bathrooms. Situated in a quiet, established neighborhood close to public transit, shopping, schools, parks, and other essential amenities, this property offers both convenience and strong investment potential. A fantastic opportunity to own an income-generating property in Guelph's strong rental market. Vacant possession available at the end of April.