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$ 799,900
Est. payment /mo
New
200 Waterloo AVE Guelph, ON N1H 3J5
2 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Downtown
MLS Listing ID X12795040
Style 2-Storey
Bedrooms 2
Annual Tax Amount $4,193
Tax Year 2025
Property Sub-Type Duplex
Property Description
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 CITY'S MOST DESIRABLE RENTAL CORRIDORS. THIS FULLY UPDATED LEGAL DUPLEX IS IDEALLY LOCATED JUST MINUTES FROM THE University of Guelph, OFFERING DIRECT ACCESS TO A THRIVING STUDENT POPULATION AND CONSISTENT RENTAL DEMAND.THE MAIN FLOOR UNIT FEATURES A BRIGHT, FUNCTIONAL LAYOUT WITH A SPACIOUS LIVING ROOM, DINING AREA, AND BEAUTIFULLY FINISHED KITCHEN WITH A SEPARATE ENTRANCE. IT INCLUDES A GENEROUSLY SIZED BEDROOM, IN-SUITE LAUNDRY, AND EXCLUSIVE ACCESS TO THE BASEMENT, WHICH IS USED STRICTLY FOR ADDITIONAL STORAGE. THE UPPER UNIT HAS ITS OWN PRIVATE ENTRANCE AND OFFERS A COMFORTABLE ONE-BEDROOM PLUS DEN LAYOUT - IDEAL FOR A HOME OFFICE OR STUDY SPACE - ALONG WITH A FULL KITCHEN, STYLISH FINISHES, AND IN-SUITE LAUNDRY. BOTH THE MAIN FLOOR AND UPPER UNITS ARE CURRENTLY OCCUPIED, PROVIDING IMMEDIATE INCOME STABILITY.WITH POTENTIAL INCOME OF $4,300/MONTH ($51,600/YEAR), PARKING FOR THREE VEHICLES, RECENT UPDATES, AND CLOSE PROXIMITY TO TRANSIT, DOWNTOWN, HIGHWAYS, RESTAURANTS, AND EVERYDAY AMENITIES, THIS TURNKEY DUPLEX IS PERFECTLY POSITIONED TO CAPITALIZE ON GUELPH'S STRONG RENTAL MARKET. WHETHER YOU'RE AN EXPERIENCED INVESTOR OR ENTERING THE RENTAL SPACE, THIS IS A SMART, STRATEGIC, INCOME-GENERATING ASSET YOU WON'T WANT TO MISS.
Location
State ON
County Wellington
Area Wellington
Zoning R1B
Rooms
Basement Finished
Kitchen 2
Interior
Interior Features None
Cooling None
Inclusions Lower Unit - Fridge, Stove, Dishwasher, Microwave, Washer & Dryer. Upper Unit - Fridge, Stove, Microwave, Washer & Dryer
Exterior
Parking Features None
Garage Spaces 3.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 3
Building
Foundation Stone
Others
Virtual Tour https://www.winsold.com/tour/444862
Lited by EXP REALTY
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