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)
| 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 |
| 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 |
| No Garage |
| 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 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 3.1 m | 3 m | 3.1 m x 3 m |
| Second Level | Living Room | 3.1 m | 4.1 m | 3.1 m x 4.1 m |
| Second Level | Office | 1.8 m | 2.7 m | 1.8 m x 2.7 m |
| Second Level | Kitchen | 2.6 m | 1.9 m | 2.6 m x 1.9 m |
| Main Level | Living Room | 3.4 m | 5 m | 3.4 m x 5 m |
| Main Level | Dining Room | 2 m | 1.8 m | 2 m x 1.8 m |
| Main Level | Bedroom | 3 m | 2.6 m | 3 m x 2.6 m |
| Main Level | Kitchen | 2.9 m | 3.9 m | 2.9 m x 3.9 m |
| Cable | Installed |
| Electricity | Installed |
https://www.realtor.ca/real-estate/29369364/200-waterloo-avenue-guelph-downtown-downtown
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