For Sale: 98 Waterloo Avenue, Guelph, ON - REW
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$845,000
4 bd • 3 ba • 2000 - 2499 sf • Multifamily
98 Waterloo Avenue
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$845,000
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98 Waterloo AvenueGuelph, ON, N1H 3H8

Central West
  • 4 Bed
  • 3 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

A RARE OPPORTUNITY FOR FIRST TIME HOME BUYERS LOOKING TO LIVE-IN AND OFFSET THEIR MORTGAGE! Whether you're an investor or a savvy buyer, you will love the versatility of this home. Find parking for 4 vehicles, STRONG WALKABILITY to the Downtown Core, parks, restaurants, shopping, and easy access for those who prefer to bike. The main floor of this home hosts a unit spanning OVER 1000 Sq Ft of living space. Enjoy exclusive use of a 11 ft x 14 ft back deck. Inside, 2 bedrooms, a beautiful sunroom/second living area, designated dining area with skylight, space for a home office, two full-bathrooms, two bedrooms, large windows, and in-suite laundry. This unit is full of charm, with the original hardwood floors, beautiful trim, and so much potential to make it a hip, design forward space that suits your taste. Working from home is easy, with spaces for more than one office. It's not often you find this big of a main floor unit in such a central location. This unit is now VACANT and move in ready! Upstairs, let the 2 bedroom unit above offset your mortgage. Currently tenanted and generating $2,500 a month (inclusive of utilities), this is a fantastic investment opportunity. Two bedrooms, a newly renovated bathroom, in-unit laundry and access to a rooftop patio overlooking the mature treelines beyond. An added bonus is the space below the deck, where the exterior door leads to the unfinished basement, the ideal, dry storage spot for you and your tenants belongings. Whether you are a young professional/ university-grad looking for a location central to the downtown area, an investor looking to rent both units and generate over $5,000 a month, or a first-time buyer looking for a savvy move, 98 Waterloo Avenue offers: a prime location, parking, a private backyard, a solid, double-wide brick exterior in great shape, and is already generating a positive cashflow. (id:63626)
Listed by: Michael Christie, Salesperson, Royal LePage Royal City Realty

Home facts and features

Price details
List Price
$845,000
Get Pre-Approved
Gross Taxes for 2025
$5,227
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Lot Size
51 ft x 83 ft (4330 ft²)
Depth
83.6 feet
Frontage
51.9 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Unfinished,
Features
Canopy, Fireplace(s)
Appliances
Dishwasher, Dryer, Hood Fan, Refrigerator, Stove, Washer, Water Heater
Community
Agent details
Primary Agent
Michael Christie
Primary Broker
Royal LePage Royal City Realty
Secondary Agent
Secondary Broker
Royal LePage Royal City Realty
Listing details
Days on REW
18 Days
Property Views
11
MLS® Number
X14129898
Source
Canadian Real Estate Association
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Property Insights

Guelph Montessori School
  • Private
  • JK - 6
St John Bosco Catholic School
  • Catholic
  • 9 - 12
John McCrae Public School
  • Public
  • JK - 8
Central Public School
  • Public
  • JK - 6
Guelph Collegiate Vocational Institute
  • Public
  • 9 - 12
New Way School
  • Public
  • 9 - 12
Meezan School
  • Private
  • JK - 8
Paisley Road Public School
  • Public
  • JK - 6
St Joseph School
  • Catholic
  • JK - 8
Sacred HeartCatholic School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Michael Christie
Phone:
(519) 820-9567
Cell:
519-820-9567
Office:
519-824-9050
Broker
SCOTT ROBINSON
Phone:
(519) 824-9050
Office:
519-824-9050
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