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Home ON Greater Guelph Guelph Old University
258 WATER STREET
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258 WATER STREET $800,000
7 days ago
$800,000
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258 WATER STREET
Guelph (Dovercliffe Park/Old University), Ontario N1G1B7

MLS® Number: X12732886
3
Bedrooms
1
Bathrooms
700 - 1100
Square Feet

Listing 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. (42027006)

Location Description

Highway 7 & Edinburgh Rd S

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
700 - 1100 sqft
Community Name
Dovercliffe Park/Old University
Title
Freehold
Land Size
58 x 100 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$3,788
Parking Type
No Garage
Time on REALTOR.ca
7 days

Building

Bedrooms
Above Grade
3
Bathrooms
Total
1
Interior Features
Basement Features
Separate entrance
Basement Type
Partially finished
Building Features
Foundation Type
Block
Style
Detached
Architecture Style
Bungalow
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Installed), Electricity (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding
Parking
Parking Type
No Garage
Total Parking Spaces
4

Measurements

Square Footage
700 - 1100 sqft

Rooms

MetricImperial
Main level
Living room
Bedroom
Bedroom 2
Bedroom 3
Kitchen

Land

Lot Features
Frontage
58 ft
Land Depth
100 ft
Other Property Information
Zoning Description
R1B
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