Charming downtown stone semi with income potential. Full of character and just steps from the heart of downtown Guelph, this stone semi-detached home offers incredible flexibility with two separate living spaces perfect for multi-generational living or a valuable mortgage helper. At the front, you'll find a two-storey residence featuring two bedrooms plus an office/den that could serve as a third bedroom. The newly renovated 3-piece bathroom (2024) adds a modern touch, while the main floor boasts a spacious living room and an updated kitchen. The basement includes laundry, ample storage, and a walkout to the private backyard. The rear of the home has been converted into a self-contained bachelor suite complete with a brand-new bathroom, Avanti kitchen, and its own laundry all added in 2024. Whether rented out for additional income or used as a guest space or family room, this unit adds great versatility. With parking for three vehicles and an EV charger already installed, this property blends heritage charm with modern convenience. Just a 2-minute stroll to the Guelph farmers' market, cafes, and downtown amenities, this location is hard to beat.