258 WATER Street, Guelph, Ontario, N1G1B7
MLS: 40821519 | House (Freehold)
$800,000
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. (id:64974)
Quick Facts
- Property Type: House (Freehold)
- Style: Bungalow
- Bedrooms: 3 (3 above)
- Bathrooms: 1
- Living Area: 707 sq ft (65.7 m²)
- Above Grade: 707 sq ft (65.7 m²)
- Ownership: Freehold
- Attached: No
- Parking: 4.0 spaces
- Frontage: 58 ft (17.7 m)
Costs
- Annual Taxes: $3,788.00
Listing Provided by: Re/Max Icon Realty
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Natural gas
- Cooling: Central air conditioning
- Basement: Partially finished, Full
- Appliances: Water softener
Exterior & Construction
- Style: Bungalow
- Exterior: Aluminum siding
- Foundation: Block
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 58 ft (17.7 m)
- Zoning: R1B
Community & Neighbourhood
- Subdivision: 6 - Dovercliffe Park/Old University
Room Details (6 rooms)
Listing Information
Listing History
MLS listing activity for 258 WATER Street, Guelph, Ontario, N1G1B7 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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258 WATER Street, Guelph, Ontario, N1G1B7