261 Water Street, Guelph, ON N1G 1B6
Guelph, ON, N1G 1B6 · Dovercliffe Park/Old University
About this property
Spacious 5-bedroom 2 bathroom, 1,475 sq. ft. backsplit style home offering a fantastic opportunity for investors, renovators, or buyers looking to add value. Situated in a desirable, well-located neighborhood close to amenities, transit, schools, and shopping, this property combines strong potential with long-term upside. The home features a generous layout with multiple bedrooms, ample living space, and a functional floor plan that lends itself well to customization, rental conversion, or a full renovation project. While the property does require updates and some TLC, it provides a solid foundation for those looking to build equity or maximize returns. Corner lot with lots of yard space located near the Speed River and downtown Guelph, also within a few kilometers of the Stone Road mall. Whether you're an investor seeking your next project, a contractor looking for a value-add opportunity, or a buyer with vision, this property presents excellent potential in a prime location.
Features & Amenities
- Basement: Finished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Backsplit 3
- Construction: Brick, Shingle
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Backsplit 3 |
| Bedrooms | 5 |
| Bathrooms | 2 |
| Basement | Finished |
| Garage | None |
| Parking Spaces | 3 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,431 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Water Heater
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Backsplit 3
- Construction Materials
- Brick, Shingle
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Finished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 3
- Parking Total
- 3.00
- Parking Features
- Private
- Covered Spaces
- 3
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 95.02
- Lot Width
- 56.04
Community & Neighborhood
- Property Features
- Hospital, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $4,431
- Tax Year
- 2025
- Possession Type
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 11
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 5
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- North
- County Or Parish
- Wellington
- Cross Street
- Edinburgh Rd S/Water St
- Directions
- Edinburgh Rd S/Water St
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
261 Water Street, Guelph, ON N1G 1B6, Guelph, ON, N1G 1B6