Welcome to 103 Surrey St E, beautifully renovated century home nestled in one of Guelph's most desirable locations, short stroll from vibrant downtown! This 3-bdrm property offers excellent upside W/the potential to add a 4th bdrm, making it especially attractive for student housing, rental investors or parents purchasing for their students. Positioned within walking distance to downtown, GO Train & University, the home sits in a high-demand rental corridor consistently sought after by students & young professionals. With student rents on the rise, prices having adjusted-rare opportunity to own a semi-detached home under $500,000, lower interest rates & City of Guelph loosening restrictions, this represents one of the most favourable markets in recent years for student rentals & an excellent time to act. Upon entry you're greeted by bright & airy living room featuring solid hardwood floors & multiple windows. The living room flows effortlessly into spacious dining room ideal for hosting family gatherings or dinner parties with friends. Eat-in kitchen is a showstopper with fresh white cabinetry, beautiful backsplash & S/S appliances. Charming wainscoting adds character & direct access to the deck makes outdoor entertaining a breeze-perfect for BBQs with friends & family. Upstairs you'll find 3 spacious bdrms all with hardwood floors, high baseboards & large windows. Modern 3pc bath features sleek vanity & convenient stackable laundry. With room to add a 4th bdrm & zoning that allows for future possibilities, this home offers incredible flexibility! Property also includes detached garage at the back, perfect for add'l storage & parking. Home has been mechanically updated: newer furnace, wiring, windows & plumbing along with cosmetic upgrades such as the kitchen, bathroom & flooring. This property's location is unbeatable: walking distance to restaurants, boutiques, nightlife & more! Local gems like Sugo on Surrey & Zen Gardens are at your doorstep! Being sold as is.