258 Water St
Guelph, ON N1G 1B7
For more information on this listing, contact us at: (647) 360-2908
Active
$749,900
-3.8%
258 Water St Guelph, ON N1G 1B7
Detached
Property Type
2
Beds
1
Baths
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.
MLS #
X13674044
Monthly Assoc. Fee
N/A
On Site
54 Days
Last Updated
8/23/2026
Contact Agent
Ariez Reyes Tamboowalla
(647) 360-2908Property Details
Community Information
Address
258 Water St, Guelph, ON N1G 1B7
Area
Wellington
City
Guelph
Community
Dovercliffe Park/Old University
Postal Code
N1G 1B7
Architecture
Bedrooms
2
Bathrooms
1
Style
1 Storey/Apt
Construction Materials
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Basement
Unfinished
Features / Amenities
Interior Features
Air Exchanger, ERV/HRV, Water Heater Owned, Water Purifier
Kitchens Total
1
Direction Faces
South
Parking Spaces
2
Cooling
Central Air
Heat Type
Forced Air
Heat Source
Gas
Property Features
Sq. Ft.
700-1100
Sewer
Sewer
Directions
Edinburgh to Water
Tax and Financial Info
Tax Annual Amount
$3,788
Tax Year
2026
Listing Office
Listing provided courtesy of RE/MAX Icon Realty.
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Price Change History
| Date | Old Price | New Price | Percent Change |
| 8/23/2026 | $779,900 | $749,900 |
-3.8%
|
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Listing Information Last Updated 8/23/2026
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