$800,000

258 Water St, Guelph, N1G 1B7

3 Beds
1 Bath

4 Parking

700-1,100 sqft

Home Overview

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.
8 days
On Market
Detached
Property Type
$3,788 / Year
Est. Taxes
Bungalow
Style
None
Garage
Part Fin
Basement

Location & Areas

Commute

258 Water St, Guelph, N1G 1B7

Home Details

Lot Depth:: 100 Feet
Lot Width:: 58 Feet
Style:: Bungalow
Exterior Construction:: Alum Siding
Roof Material:: Asphalt Shingle
Patio/Deck:: -
Driveway:: Pvt Double, 4
Swimming Pool:: None

Instant Estimate

$786,728

-$13,272 below list price

Upper range
$849,715
Mid range
$786,728
Lower range
$723,740

Schools nearby

Listing Brokerage

MLS® Listing: X13012528
Brokerage: RE/MAX Icon Realty

RE/MAX Icon Realty - Disclaimer: The information contained in this listing has not been verified by RE/MAX Icon Realty and should be verified by the buyer.

Data is deemed reliable but not guaranteed accurate by TRREB.