258 Water ST, Guelph, ON N1G 1B7
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 800,000
Est. payment | /mo

3 Beds

1 Bath

Save
$ 800,000
Est. payment | /mo
Save

3 Beds

1 Bath

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 X13012528

Style Bungalow

Bedrooms 3

Annual Tax Amount $3,788

Tax Year 2025

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

Province ON

County Wellington

Area Wellington

Zoning R1B

Rooms

Family Room No

Basement Partially Finished, Separate Entrance

Kitchen 1

Interior

Interior Features Water Softener

Cooling Central Air

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 58.0

Lot Depth 100.0

Total Parking Spaces 4

Building

Foundation Concrete Block

Others

Senior Community No

ParcelsYN No

Listed by RE/MAX Icon Realty

Schools and Properties Nearby

Tony & Ledi Real Estate Team

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

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258 Water ST