Listed for:Listed 15 days ago
$889,000

98 Waterloo Avenue

Guelph (Downtown), ON N1H 3H8

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 98 Waterloo Avenue, Guelph, Downtown

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 98 Waterloo Avenue, Guelph, Downtown

Summarized Description

  • Strong investment opportunity in Guelph's heart
  • Private backyard and upper deck for relaxation
  • Two four-piece bathrooms ideal for families
  • Large kitchen with eat-in area and stainless steel appliances
  • High ceilings and wood burning fireplace add character
  • Turn-key property with current tenants
  • Close to amenities and public transport
  • Perfect for grad-students and professionals

98 Waterloo is a strong investment opportunity in the heart of Guelph. A short walk from Benjamin Bodegas Cafe, the shops and restaurants Downtown Guelph has to offer, the Speed River, parks, transit and boasts a strong walkability score. Enjoy your own private backyard space and additional dry storage for tenants and or the landlord in the unfinished basement. Inside the main floor unit, the mudroom provides the perfect multi-use room for storage and seasonal wear. A sliding door takes you outside onto the large 11ft x 14ft upper deck, which is a private and tranquil place to bird watch or enjoy your morning coffee. Inside, the large kitchen with eat in area are the heart of this unit. The sunlight directly above the kitchen table fills the space with natural light. Tenants and or, live in landlords, will appreciate the quality, stainless steel appliances in the kitchen. In unit-laundry and TWO four-piece bathrooms make this unit ideal for small families and or two people. The living room is extremely generous and hones in on the original character of the home; an electric fireplace, large windows and high ceilings create a homey, yet grand living room. Home to two bedrooms, the primary having a built in-wardrobe and four-piece ensuite, this unit combines versatile finishes with a large floor-plan for maximum desirability. Upstairs, the second unit includes a large living space which is open to the kitchen. In the back of the unit, a recently updated three-piece bathroom and laundry closet create functionality. Two bedrooms complete this space, making it ideal for one, or two occupants. Off the back bedroom, is a charming rooftop balcony; a unique feature of this home. Both units are currently tenanted, however, the main floor tenants have provided formal notice of leave in December 2026. If you are looking for a turn-key investment property in the heart of Guelph, this is a great chance to expand or start your portfolio.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,227
Land Transfer Tax Fee
$14,255

Rental Items

Rental Equipment
Water Softener (Reliance)
Under Contract
Water Softener

Basement Type
Exposed Rock, Unfinished

Interior Features

Laundry Level
Lower Level
Interior Extras
Storage, Water Heater Owned
Fireplace/Stove
Yes
Fireplace Features
Living Room, Roughed In
Elevator
No

Exterior Features

Exterior Extras
Deck, Canopy
Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
51.82 ft
Lot Depth
83.59 ft

Inclusions

Inclusions
Stove, Washer and Dryer (x1), Washer-Dryer Combo Machine, Fridge (x2), Dishwasher (x2), Range Hood (x2)

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
4
Washrooms
3
Kitchens
2

Room sizes

  • Mud Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Kitchen—
    Main level
  • Dining Room—
    Main level
  • Laundry—
    Main level
  • Living Room—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Bathroom—
    Main level
  • Family Room—
    Second level
  • Bedroom 2—
    Main level
  • Kitchen—
    Second level
  • Bedroom 3—
    Second level
  • Bedroom 4—
    Second level
  • Office—
    Main level
  • Bathroom—
    Second level, 2 Pc Ensuite

Washrooms

  • 4-piece, Main
  • 4-piece, Main
  • 3-piece, Second

Municipality
Guelph
Neighbourhood
Downtown
Main cross streets
Edinburgh Rd South
Zoning
R1B
Directions
Edinburgh Rd South and Waterloo Avenue

MLS® number
X13844620
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-30
Updated on
2026-10-05
Days on market
15 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
Royal LePage Royal City Realty

Home Market Value

Current home valuation for 98 Waterloo Avenue, Guelph, Downtown, Guelph, ON. Listed for $889,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 98 Waterloo Avenue, Guelph, Downtown

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Guelph, ON
Minimum Down Payment Required:7.2%

5% on first $500K + 10% on $389,000 over $500K

Minimum down payment

$63,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
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%
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%
$
+CMHC insurance
$33,000$24,803$21,158$0
=Total mortgage
$857,992$824,903$776,808$711,200
Amortization
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%
%
%
Payment frequency
=Mortgage payment
$4,189monthly$4,028monthly$3,793monthly$3,472monthly
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Land Transfer Tax

Provincial

$14,255

Total Land Transfer Tax

$14,255

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