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200 Waterloo Avenue Guelph, Ontario N1H 3J5

2 Bedroom 3 Bathroom 1100 - 1500 sqft
Forced Air

$799,900

LEGAL DUPLEX! Welcome to 200 Waterloo Avenue, Guelph a prime opportunity for savvy investors seeking immediate cash flow and long-term appreciation in one of the citys most desirable rental corridors. This fully updated legal duplex is ideally located just minutes from the University of Guelph, offering unparalleled access to a thriving student population and consistent rental demand. The main floor unit features a bright and functional layout complete with a spacious living room, dining area, and a beautifully finished kitchen with a separate entrance. It also includes a generously sized bedroom, in-suite laundry, and exclusive access to a fully finished basement featuring a modern two-piece bathroom and additional storage space. This unit is currently rented, providing immediate income for the new owner. The upper unit boasts its own private entrance and offers a comfortable one-bedroom layout plus a den - perfect as a home office or study area. With a full kitchen, stylish finishes, and in-suite laundry, this unit is turnkey and currently available for lease, allowing flexibility for investors or multi-generational living. Parking is a breeze with space for three vehicles, and the property has undergone recent updates, ensuring minimal maintenance and maximum appeal for quality tenants. Located on a direct bus route and within close proximity to downtown Guelph, major highways, restaurants, shopping, and everyday conveniences, this duplex offers the accessibility todays renters demand. With Guelphs vacancy rates consistently below 2% and the universitys limited on-campus housing, this property is perfectly positioned to capitalize on the citys booming rental market. Whether you're an experienced investor or just entering the student rental space, 200 Waterloo Avenue is a smart, strategic, and income-generating asset you wont want to miss. (id:60365)

Property Details

MLS® Number X12330949
Property Type Multi-family
Community Name Downtown
EquipmentType Water Heater
ParkingSpaceTotal 3
RentalEquipmentType Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 2
BedroomsTotal 2
Appliances Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
BasementDevelopment Finished
BasementType N/a (finished)
ExteriorFinish Brick, Vinyl Siding
FlooringType Laminate, Tile
FoundationType Stone
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1100 - 1500 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 54 Ft ,4 In
SizeFrontage 40 Ft
SizeIrregular 40 X 54.4 Ft
SizeTotalText 40 X 54.4 Ft
ZoningDescription R1b

Rooms

Level Type Dimensions
Second Level Primary Bedroom 3.1 m x 3 m
Second Level Living Room 3.1 m x 4.1 m
Second Level Office 1.8 m x 2.7 m
Second Level Kitchen 2.6 m x 1.9 m
Basement Recreational, Games Room 2.7 m x 4.4 m
Main Level Living Room 3.4 m x 5 m
Main Level Dining Room 2 m x 1.8 m
Main Level Bedroom 3 m x 2.6 m
Main Level Kitchen 2.9 m x 3.9 m

Utilities

Cable Installed
Electricity Installed

https://www.realtor.ca/real-estate/28704463/200-waterloo-avenue-guelph-downtown-downtown

Tyler Stewart Dawe
Salesperson


RE/MAX Escarpment Realty Inc.

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