$729,900 - 23 Knightswood Boulevard, Guelph
Detached for Sale in Guelph
Popular Listing- MLS Number
- X13273652
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
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)
Estimate your monthly payments for this property
Estimated Payment
$3,744.77/mo
Includes CMHC insurance ($20,364)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Guelph
Guelph is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Guelph
- •Convenient location in Guelph
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Guelph offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
23 Knightswood Boulevard, Guelph
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1043/sqft, this property is priced in line with current Guelph market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Detached Home Advantages
Detached homes in Guelph are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Guelph.
Investment Perspective
Looking at this as an investment: Guelph properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,041 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.