$779,900
23 KNIGHTSWOOD Boulevard
Beds
5
Baths
2
Sqft
—
Year
—
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Guelph. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
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. (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Structure
- House
- Community
- 3 - General Hospital
- Common interest
- Freehold
- Living area
- 1,993 square feet
- Bedrooms
- 3 above grade, 2 below grade
- Parking
- 4 total
- Stories
- 1
- On market
- Apr 21, 2026
- Status changed
- Apr 23, 2026
- Annual tax
- $4,948
- Zoning
- R1B
- Photos
- 30
- MLS#
- 40822808
- Area
- GUELPH
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Lot
Cash on cash
-6.68%
Cap rate
3.53%
GRM
16.7
Break-even rent
$4,814
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.