This solid brick bungalow sits on a deep lot in a mature, family-friendly neighbourhood just minutes from schools, shopping, restaurants, parks, and everyday amenities. 3 bedrooms and 1 bathroom on the main level, this home is ready for its next owner to bring their vision to life. Whether you're a first-time buyer looking to build equity, a renovator searching for your next project, or an investor seeking income potential, this property delivers endless possibilities. The spacious main floor provides a functional layout with plenty of natural light and original character throughout. Major mechanicals have been updated in 2026, including a new furnace, central air conditioning, and 200-amp electrical service - giving you a solid foundation to build on. Downstairs, the basement features an additional bathroom and offers tremendous potential for future living space, an in-law suite, or additional accommodation. A separate side entrance adds flexibility and may provide an excellent opportunity for a duplex conversion or secondary suite, subject to municipal approvals. Step outside to a generous backyard surrounded by mature trees, offering ample space for entertaining, gardening, recreation, or future enhancements. Vacant and available for immediate possession, this is a rare chance to secure a property with outstanding upside potential in an established Guelph neighbourhood. *Some photos are virtually staged*. (id:60457) Location - Cross Streets: Waverley Dr and Speedvale Ave E. ** Directions: Off of Speedvale Ave E to Waverley Drive.