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200 Waterloo Avenue Guelph (Downtown), Ontario N1H 3J5

2 Bedroom 2 Bathroom 1100 - 1500 sqft
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:49269)

Property Details

MLS® Number X12795040
Property Type Multi-family
Community Name Downtown
EquipmentType Water Heater
ParkingSpaceTotal 3
RentalEquipmentType Water Heater

Building

BathroomTotal 2
BedroomsAboveGround 2
BedroomsTotal 2
Appliances Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
BasementDevelopment Finished
BasementType N/a (finished)
CoolingType None
ExteriorFinish Brick, Vinyl Siding
FlooringType Laminate, Tile
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1100 - 1500 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 54 Ft ,4 In
SizeFrontage 40 Ft
SizeIrregular 40 X 54.4 Ft
SizeTotalText 40 X 54.4 Ft
ZoningDescription 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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