$800,000
FOR SALE

Detached Bungalow

Bedrooms: 3Bathrooms: 1Lot: 58 x 100 ft
2025 Taxes: $3,788

258 Water St
Guelph, ON N1G 1B7 | Dovercliffe Park/Old University | Wellington

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.
Extras
Water Softener
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Listed By RE/MAX Icon Realty
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13012528
Last Updated Apr 17, 2026
Property Summary
Property Type Detached

More like this:
PIN 712470193
Legal Description LOT 29, PLAN 500 ; GUELPH
Possession Date Immediate
Taxes (2025) $3,788
Directions/Cross Streets Highway 7 & Edinburgh Rd S
Neighbourhood Dovercliffe Park/Old University
Area Wellington
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On South
Special Designations Unknown
Included Cable TV
Bedrooms 3
Bathrooms 1
Lot 58 x 100 ft
Exterior Aluminum Siding
Air Conditioning Central Air
Basement Partially Finished, Separate Entrance
Garage Type None
Parking Spaces 4
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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