258 Water Street, Guelph, ON N1G 1B7
Guelph, ON, N1G 1B7 · Dovercliffe Park/Old University
About this property
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.
Features & Amenities
- Basement: Partially Finished, Separate Entrance
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow
- Construction: Aluminum Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Bungalow |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Basement | Partially Finished, Separate Entrance |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $3,788 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Water Softener
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow
- Construction Materials
- Aluminum Siding
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Partially Finished, Separate Entrance
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 4.00
- Parking Features
- Private Double
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 100.00
- Lot Width
- 58.00
Financial & Tax
- Tax Annual Amount
- $3,788
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 5
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 3
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- South
- County Or Parish
- Wellington
- Cross Street
- Highway 7 & Edinburgh Rd S
- Directions
- Highway 7 & Edinburgh Rd S
- Special Designation
- Unknown
- Showing Requirements
- List Salesperson
Location
258 Water Street, Guelph, ON N1G 1B7, Guelph, ON, N1G 1B7