$800,000
$800,000
Detached258 Water Street, Guelph, ON
32 DAYSon market
3Bedrooms
1Bathrooms
0Garage
700-1100Sq Ft


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Listed by RE/MAX Icon Realty
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
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
