$799,900 - 200 Waterloo Avenue, Guelph
Multi-Family for Sale in Guelph
109 days on market- MLS Number
- X12795040
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 109
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Guelph
- Listing Brokerage
- EXP REALTY
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.
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Guelph
Guelph is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Guelph
- •Convenient location in Guelph
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Guelph offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
200 Waterloo Avenue, Guelph
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $727/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 109 days on site, this property has exceeded the typical selling timeline for Guelph. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Investment Perspective
Looking at this as an investment: Guelph properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.