98 Waterloo Avenue,Guelph, ON N1H 3H8
Guelph, ON N1H 3H8
Description
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.
Details
| MLS # | 40875083 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1895 |
| Days On Site | 12 |
| Listing Provided By | Royal LePage Royal City Realty | Michael Christie |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,169 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R1B |
| Acreage | 0.10 |
Interior
| Appliances | Water Softener, Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer |
|---|---|
| Rooms Total | 15 |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Fireplaces Total | 1 |
| Fireplace Features | Family Room |
| Laundry Features | In-Suite |
Exterior
| Lot Features | Urban, City Lot, Public Transit, School Bus Route, Schools |
|---|---|
| Construction Materials | Brick |
| Roof | Asphalt Shing |
| Fencing | Full |
| Foundation Details | Stone |
Parking
| Garage Spaces | 0 |
|---|---|
| Parking Features | Asphalt |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 5227 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Wellington |
| City | Guelph |
| Postal Code | N1H 3H8 |
| Area | City of Guelph |
| Subarea | 1 Downtown |
| Community Name | 1 Downtown |
| Listing VS Median (in 1 Downtown) | |
Price: $845,000 low | high Med: $845,000 sqft: 2,169 low | high Med: 2,169 $ / sqft: $390 low | high Med: $390 On site: 12 low | high Med: 12 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Wellington |
| City | Guelph |
| Postal Code | N1H 3H8 |
| Area | City of Guelph |
| Subarea | 1 Downtown |
| Community Name | 1 Downtown |
| Listing VS Median (in 1 Downtown) | |
Price: $845,000 low | high Med: $845,000 sqft: 2,169 low | high Med: 2,169 $ / sqft: $390 low | high Med: $390 On site: 12 low | high Med: 12 | |
