258 Water Street, Guelph, ON N1G 1B7
258 Water Street, Guelph, ON N1G 1B7
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Listed by Joseline Nicholas • Re/Max Icon Realty
$800,000
Est. payment /mo
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3 Beds
1 Bath
707 SqFt
New

258 Water Street Guelph, ON N1G 1B7

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 707 sqft

Price per Sqft $1,131

MLS Listing ID 40821519

Style Bungalow

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 707

Annual Tax Amount $3,788

Property Sub-Type Detached

Source Cornerstone

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 City Of Guelph

Zoning R1B

Rooms

Basement Separate Entrance, Full, Partially Finished

Main Level Bedrooms 3

Kitchen 1

Interior

Heating Natural Gas

Cooling Central Air

Fireplace No

Appliance Water Softener

Laundry In Area, In-Suite

Exterior

Roof Type Asphalt Shing

Lot Frontage 58.0

Lot Depth 100.0

Garage No

Building

Lot Description Urban, Hospital, Place of Worship, Schools

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal-Metered

Architectural Style Bungalow

Structure Type Aluminum Siding

New Construction No

Others

Senior Community No

Tax ID 712470193

Ownership Freehold/None


Nearby Locations

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Mico Radulovic

Mico Radulovic

Real Estate Broker

+1(519) 722-3434

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