261 WATER STREET, Guelph (Dovercliffe Park/Old University), Ontario, N1G1B6

Property Description

Spacious 5-bedroom 2 bathroom, 1,475 sq. ft. backsplit style home offering a fantastic opportunity for investors, renovators, or buyers looking to add value. Situated in a desirable, well-located neighborhood close to amenities, transit, schools, and shopping, this property combines strong potential with long-term upside. The home features a generous layout with multiple bedrooms, ample living space, and a functional floor plan that lends itself well to customization, rental conversion, or a full renovation project. While the property does require updates and some TLC, it provides a solid foundation for those looking to build equity or maximize returns. Corner lot with lots of yard space located near the Speed River and downtown Guelph, also within a few kilometers of the Stone Road mall. Whether you're an investor seeking your next project, a contractor looking for a value-add opportunity, or a buyer with vision, this property presents excellent potential in a prime location. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 5 (5 above)
• Bathrooms: 2
• Ownership: Freehold
• Attached: No
• Parking: 3 spaces (No Garage)
• Frontage: 56 ft (17.1 m)

Costs

• Annual Taxes: $4,431.00 (2025)

Listing Provided by: RE/MAX TWIN CITY REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.