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For saleNew listingMLS® X14129898

98 Waterloo Avenue, Guelph, ON N1H 3H8

Downtown · N1H 3H8

$845,000

$423 / sq ft

6 days on market

Bedrooms
4
Bathrooms
3
Interior
2,000 sf
Parking
4
Lot
51.82 × 83.59 ft

What's special

  • 4 parking spaces
  • Central air
  • Finished basement
  • Fireplace
  • Storage
  • Water heater owned

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About this property

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.

Rooms

16 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
BathroomMain1.93 × 1.88 m6.3 × 6.2 ft4 Pc Bath
BathroomMain1.65 × 2.79 m5.4 × 9.2 ft—
BedroomMain2.99 × 3.53 m9.8 × 11.6 ft—
Dining RoomMain3.78 × 4.95 m12.4 × 16.2 ft—
KitchenMain2.64 × 3.83 m8.7 × 12.6 ft—
KitchenMain2.64 × 3.83 m8.7 × 12.6 ft—
LaundryMain2.69 × 1.65 m8.8 × 5.4 ft—
Living RoomMain4.69 × 5.30 m15.4 × 17.4 ft—
Mud RoomMain4.21 × 3.68 m13.8 × 12.1 ft—
OfficeMain3.78 × 2.54 m12.4 × 8.3 ft—
Bedroom 2Main3.75 × 7.11 m12.3 × 23.3 ft—
BathroomSecond1.98 × 2.08 m6.5 × 6.8 ft2 Pc Ensuite
Bedroom 3Second3.22 × 4.69 m10.6 × 15.4 ft—
Bedroom 4Second3.25 × 4.44 m10.7 × 14.6 ft—
Family RoomSecond3.50 × 5.86 m11.5 × 19.2 ft—
KitchenSecond3.48 × 4.44 m11.4 × 14.6 ft—

Features

  • Storage
  • Water Heater Owned

Property details

Property

Property type
multiplex
Bedrooms
4
Bathrooms
3
Interior size
2,000 sq ft
Lot size
51.82 × 83.59 ft
Zoning
R1B
Possession
Flexible

Interior

Basement
Exposed Rock, Unfinished
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
1
Exposure
South

Exterior & services

Construction
Brick
Parking spaces
4
Sewer
Sewer

Costs

List price
$845,000
Property taxes
$5,227 / year (2026)
Price per sq ft
$423
Rental items
Water Softener (Reliance)

Listing

MLS® number
X14129898
Status
For sale
Listed
October 29, 2026
Days on market
6
Last updated
November 3, 2026
Listing brokerage
Royal LePage Royal City Realty

Price & sale history

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Before you make an offer

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Mortgage estimate

Down payment7.0% · minimum $59,500
$59,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,343.16
Property tax (est.)
$435.58
Estimated monthly
$4,779

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$13,375
Total due on closing
$13,375

An estimate on the asking price of $845,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Royal LePage Royal City Realty. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$845,000

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