$800,000

Detached

258 Water Street, Guelph, ON

32 DAYS
3
1
0
700-1100
258 Water Street, Guelph, ON N1G 1B7 - photo 1 of 2
258 Water Street, Guelph, ON N1G 1B7 - photo 2 of 2
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Listed by RE/MAX Icon Realty

Property Highlights

Parking

4 spaces

Property Tax

$3,788/yr

Age

51-99 yrs

Lot Size

5,800 sqft

Style

Bungalow

Basement

Partially Finished, Separate Entr.

Monthly Cost

$3,694/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$3,378
Property Tax ($3,788/yr)$316
Total$3,694

Price & Listing History

Schools

Location

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Rooms

Main Level

Bedroom: 2.11m × 3.17m
Bedroom 2: 2.41m × 3.07m
Bedroom 3: 3.56m × 3.02m
Living Room: 4.44m × 3.10m
Kitchen: 3.33m × 3.17m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage