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261 WATER Street, Guelph, Ontario, N1G1B6

MLS: 40807029 | House (Freehold)

$699,000

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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 (3 above, 2 below)
  • Bathrooms: 2
  • Living Area: 1,475 sq ft (137.0 m²)
  • Above Grade: 1,475 sq ft (137.0 m²)
  • Ownership: Freehold
  • Attached: No
  • Parking: 3 spaces
  • Frontage: 56 ft (17.1 m)

Costs

  • Annual Taxes: $4,431.00

Listing Provided by: RE/MAX TWIN CITY REALTY INC.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Heating: Forced air, Natural gas
  • Cooling: Central air conditioning
  • Basement: Finished, Crawl space
  • Appliances: Central Vacuum, Dishwasher, Stove

Exterior & Construction

  • Exterior: Wood, Aluminum siding, Other
  • Construction: Wood frame
  • Sewer: Municipal sewage system
  • Water: Municipal water

Lot & Land

  • Frontage: 56 ft (17.1 m)
  • Features: Corner Site
  • Zoning: R1B

Community & Neighbourhood

  • Subdivision: 6 - Dovercliffe Park/Old University

Room Details (11 rooms)

Second level
4pc Bathroom
Bedroom9'11" x 13'4" (132 ft²)
Bedroom8'2" x 10'1" (82 ft²)
Bedroom9'1" x 13'4" (121 ft²)
Main level
Living room12'11" x 15'8" (202 ft²)
Kitchen/Dining room12'11" x 14'1" (182 ft²)
Lower level
Utility room
Laundry room
3pc Bathroom
Bedroom9'1" x 9'4" (85 ft²)
Bedroom9'5" x 13'4" (126 ft²)

Listing Information

MLS® Number40807029
BoardCornerstone
Originating SystemCornerstone Association of REALTORS®
BrokerageRE/MAX TWIN CITY REALTY INC.
Date ListedFebruary 24, 2026
Last UpdatedFebruary 24, 2026

Listing History

Buy/Sell/Terminated/Expired listing history for 261 WATER Street, Guelph, Ontario, N1G1B6

DateDays on MarketPriceEventListing ID
🔄2/24/20260Status Changed40807029
2/24/20260$699,000For Sale40807029
2/24/20260$699,000Listed40807029

Location & Neighborhood

📍261 WATER Street, Guelph, Ontario, N1G1B6
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