Welcome to 88 Mountford Drive in Guelph! This beautifully updated raised bungalow offers incredible value with a legal basement apartment, making it perfect for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. The main level features refinished oak hardwood floors (2025), a bright living and dining area with LED pot lights, three bedrooms, and a renovated kitchen with shaker-style cabinetry, soft-close doors, and brand-new appliances (2025). The lower level includes a spacious office for exclusive use by the upper unit, plus a self-contained one-bedroom apartment with its own entrance, kitchen, laundry, and living space. The home has been thoughtfully upgraded, including new vinyl siding, soffit, fascia, and entry door (2025), a newer furnace (2022), R50 attic insulation, and an updated roof. Outside, enjoy a double-wide driveway with parking for four, a fully fenced backyard with an interlock patio, and oversized egress windows with custom-built armour stone window wells that add style and safety to the basement. Located in family-friendly Grange Hill East, this home is close to schools, parks, trails, and everyday amenities. Estimated rental income of $2,500 for the upper unit and $1,600 for the lower unit makes this a fantastic investment opportunity! Don't miss your chance to schedule your showing today!