98 Waterloo is a strong investment opportunity located in the heart of Guelph, just a short walk from Benjamin Bodegas Cafe, Downtown Guelph and situated in an area where rentals for grad-students and working professionals are highly sought after. With it's own private backyard space and additional 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 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; a wood burning fireplace (not in use), 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. Both units are currently tenanted, but 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.