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. (70592826)
Address
23 Knightswood Boulevard
List Price
$729,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Guelph
Sub-Area
General Hospital
Region
Wellington
Bedrooms
3 + 2
Bedrooms (Total)
5
Rooms Above Grade
5
Rooms Below Grade
4
Bathrooms
2
Floor Area
700-1100 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
73
Lot Size Units
Feet
Lot Width
90
Parcel Number
713130015
Occupant Type
Tenant
Cross Street
Speedvale Ave E and Knightswood Blvd
MLS® Number
X13273652
Listing Brokerage
REAL BROKER ONTARIO LTD.
Basement Area
Apartment, Full, Finished
Postal Code
N1E 3W3
Posession Details
30-59 days, TBA
Parking Places (Total)
4
Parking Spaces
3
Tax Amount
$4,948.00
Tax Year
2025
Interior Features
Accessory Apartment
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Poured Concrete
Garage
Yes
Garage Type
Attached
Covered Spaces
1
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LOT 21, PLAN 529 ; GUELPH
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 4.8 x 3.53 | Hardwood Floor, Large Window |
| Main | Kitchen | 3.34 x 4.51 | Eat-in Kitchen, Large Window |
| Main | Primary Bedroom | 4.34 x 2.76 | Closet, Hardwood Floor, Large Window |
| Main | Bedroom 2 | 3.29 x 2.42 | Closet, Hardwood Floor, Large Window |
| Main | Bedroom 3 | 3.14 x 3.2 | Closet, Hardwood Floor, Large Window |
| Basement | Living Room | 4.12 x 2.58 | Laminate, Open Concept |
| Basement | Kitchen | 2.93 x 3.35 | Laminate, Window |
| Basement | Bedroom 4 | 4.03 x 3.86 | Above Grade Window, Closet, Laminate |
| Basement | Bedroom 5 | 4.03 x 3.75 | Above Grade Window, Closet, Laminate |
