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$ 779,900
Est. payment /mo
New
258 Water ST Guelph, ON N1G 1B7
2 Beds
1 Bath
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Dovercliffe Park/Old University
MLS Listing ID X13674044
Style 1 Storey/Apt
Bedrooms 2
Annual Tax Amount $3,788
Tax Year 2026
Property Sub-Type Detached
Property Description
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.
Location
State ON
County Wellington
Area Wellington
Rooms
Family Room No
Basement Unfinished
Kitchen 1
Interior
Interior Features Air Exchanger, ERV/HRV, Water Heater Owned, Water Purifier
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 58.0
Lot Depth 100.0
Total Parking Spaces 2
Building
Foundation Concrete
Others
ParcelsYN No
Listed by RE/MAX Icon Realty