98 Waterloo Avenue
Guelph, ON
- 4 bed
- 3 bath
- approx. 2000-2500 sqft
- Duplex
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.
Listing Details
- Taxes (2026)
- $5,227
- Listed
- October 29, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Storage, Water Heater Owned
- Lot Size
- 51.82 x 83.59 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Glasglow
- Zoning
- R1B
- Parcel Number
- 712820007
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Stove (x2), Washer and Dryer (x1), Washer-Dryer Combo Machine, Fridge (x2), Dishwasher (x2), Range Hood (x2)
- Rental Items
- Water Softener (Reliance)
Schools
Secondary
- St John Bosco Catholic School0.5 km
Catholic · Wellington CDSB · 65 students
- Guelph Collegiate and Vocational Institute0.7 km
Public · Upper Grand DSB · 1735 students
Grade 10 literacy: 91% met the provincial standard
- Our Lady of Lourdes Catholic School1.6 km
Catholic · Wellington CDSB · 620 students
Grade 10 literacy: 77% met the provincial standard
Elementary
- John McCrae Public School0.6 km
Public · Upper Grand DSB · 545 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 84% met the provincial standard
- Central Public School0.7 km
Public · Upper Grand DSB · 240 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 77% met the provincial standard
- Paisley Road Public School1.1 km
Public · Upper Grand DSB · 385 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 42% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N1H
- Population
- 42,178
- Private dwellings
- 18,802
- Median age
- 41.2
- Average household size
- 2.3
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Guelph · last 12 months
- Median sold price
- $730,000
- Homes sold
- 1,487
- Median days on market
- 25
- Sale-to-list price
- 97.7%
Based on 1,487 recorded sales of residential freehold properties in Guelph over the last 12 months.
Rooms
4-piece on Main, 4-piece on Main, 3-piece on Second
Second
- Bathroom6'6" x 6'10"
- Bedroom 310'7" x 15'5"
- Bedroom 410'8" x 14'7"
- Family Room11'6" x 19'3"
- Kitchen11'5" x 14'7"
Main
- Bathroom5'5" x 9'2"
- Bathroom6'4" x 6'2"
- Bedroom9'10" x 11'7"
- Bedroom 212'4" x 23'4"
- Dining Room12'5" x 16'3"
- Kitchen8'8" x 12'7"
- Kitchen8'8" x 12'7"
- Laundry8'10" x 5'5"
- Living Room15'5" x 17'5"
- Mud Room13'10" x 12'1"
- Office12'5" x 8'4"
Listed by
Royal LePage Royal City Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$169,000
Estimated Monthly Payment
$4,151
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,151/mo (20% down, 5.5%)
Taxes: $436/mo · Insurance: $211/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions Currently tenanted and generating $2,500 a month (inclusive of utilities), this is a fantastic investment opportunity.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?