Prime 75' lot in one of Guelph's most sought-after university pockets, steps to campus and set among mature, established homes on a high-value street. Surrounded by expansive 1950s ranch bungalows and larger split-level properties, with selective high-end redevelopment emerging, this is a location where long-term value is firmly anchored. Set on a beautifully treed lot with a recently installed $25,000 custom wood fence, the property offers both privacy and presence. This solid, impeccably-maintained ranch bungalow offers more than 2400 sq ft of living space, with a flexible 6-bedroom configuration (3+3 with registered accessory apartment). The main level features hardwood flooring throughout, a bright living room with gas fireplace, formal dining area, and a kitchen with walkout to deck. The lower level is a registered 3-bedroom apartment with both 2-piece and 3-piece baths, spacious kitchen, living room, and laundry room - a rare and highly rentable layout. Fully configured and furnished, allowing for immediate occupancy or seamless income continuity. Attached garage and updated mechanicals add to the overall functionality, minimal maintenance and capital spending. This property offers multiple strategic paths: premium lot for future redevelopment, multigenerational living with income support, turnkey rental, or parental investment with built-in housing solution. Strong rental potential in a premium location.