200 Waterloo Avenue Guelph, Ontario N1H 3J5

3 Bedroom 3 Bathroom 1,356 ft2
2 Level None 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 city's 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 won't want to miss. (id:47351)

Property Details

MLS® Number 40757587
Property Type Single Family
Amenities Near By Public Transit, Schools, Shopping
Equipment Type Water Heater
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Total 3
Architectural Style 2 Level
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,356 Ft2
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1b

Rooms

Level Type Dimensions
Second Level 3pc Bathroom 6'2'' x 6'0''
Second Level Office 6'0'' x 9'0''
Second Level Kitchen 8'10'' x 6'4''
Second Level Bedroom 10'4'' x 10'8''
Second Level Primary Bedroom 10'4'' x 13'9''
Basement 2pc Bathroom 5'0'' x 6'6''
Basement Recreation Room 9'0'' x 14'6''
Main Level 4pc Bathroom 6'3'' x 5'8''
Main Level Kitchen 9'7'' x 13'0''
Main Level Bedroom 10'0'' x 8'7''
Main Level Dining Room 6'10'' x 6'0''
Main Level Living Room 11'4'' x 16'7''

https://www.realtor.ca/real-estate/28703659/200-waterloo-avenue-guelph