200 Waterloo Avenue Guelph, Ontario N1H 3J5

2 Bedroom 2 Bathroom 1,100 - 1,500 ft2
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 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. (id:15069)

Property Details

MLS® Number X12795040
Property Type Multi-family
Neigbourhood The Junction Neighbourhood Group
Community Name Downtown
Equipment Type Water Heater
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Total 2
Appliances Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Basement Development Finished
Basement Type N/a (finished)
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Flooring Type Laminate, Tile
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,100 - 1,500 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 54 Ft ,4 In
Size Frontage 40 Ft
Size Irregular 40 X 54.4 Ft
Size Total Text 40 X 54.4 Ft
Zoning Description 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
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/29369364/200-waterloo-avenue-guelph-downtown-downtown

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