258 Water Street Guelph, Ontario N1G 1B7
$800,000
Incredible Development Opportunity in the Heart of Guelph! A rare, turnkey development site ready for its next visionary owner. City-approved severance allows for the construction of two new semi-detached dwellings, each permitting up to three residential units, for a total of six units. This property presents an exceptional opportunity for investors and builders alike, whether you're targeting student housing or long-term rental income in a high-demand market. With approvals already in place, much of the heavy lifting has been done-allowing you to move forward with confidence and efficiency. Ideal for maximizing density and cash flow, this is a prime chance to capitalize on Guelph's strong rental demand and continued growth. Opportunities like this are rare-don't miss your chance to build and invest with certainty. Eligible for CMHC MLI Select Financing. (id:63008)
Property Details
| MLS® Number | 40821519 |
| Property Type | Single Family |
| Neigbourhood | Old University |
| AmenitiesNearBy | Hospital, Place Of Worship, Schools |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 1 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Appliances | Water Softener |
| ArchitecturalStyle | Bungalow |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Aluminum Siding |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| StoriesTotal | 1 |
| SizeInterior | 707 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Place Of Worship, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 100 Ft |
| SizeFrontage | 58 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R1b |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | Kitchen | 10'11'' x 10'5'' | ||
| Main Level | Bedroom | 11'8'' x 9'11'' | ||
| Main Level | Bedroom | 7'11'' x 10'1'' | ||
| Main Level | Bedroom | 6'11'' x 10'5'' | ||
| Main Level | Living Room | 14'7'' x 10'2'' |
https://www.realtor.ca/real-estate/29620390/258-water-street-guelph
Joseline Nicholas
Broker
33-620 Davenport Rd
Waterloo, Ontario N2V 2C2
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April 17 2026 04:20:42
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