$699,000
FOR SALE

Detached

Bedrooms: 3+2Bathrooms: 2Lot: 56 x 0 ft

261 Water Street
Guelph, ON N1G 1B6

Spacious 5-bedroom 2 bathroom, 1,475 sq. ft. backsplit style home offering a fantastic opportunity for investors, renovators, or buyers looking to add value. Situated in a desirable, well-located neighborhood close to amenities, transit, schools, and shopping, this property combines strong potential with long-term upside. The home features a generous layout with multiple bedrooms, ample living space, and a functional floor plan that lends itself well to customization, rental conversion, or a full renovation project. While the property does require updates and some TLC, it provides a solid foundation for those looking to build equity or maximize returns. Corner lot with lots of yard space located near the Speed River and downtown Guelph, also within a few kilometers of the Stone Road mall. Whether you're an investor seeking your next project, a contractor looking for a value-add opportunity, or a buyer with vision, this property presents excellent potential in a prime location. (id:47421)
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Listed By RE/MAX TWIN CITY REALTY INC., RE/MAX Twin City Realty Inc.
Data Provided By Cornerstone Association of REALTORS®
MLS® Listing Number 40807029
Last Updated Feb 23, 2026
Property Summary
Property Type Detached

More like this:
Subdivision 6 - Dovercliffe Park/Old University
Price History

Interested in obtaining the full price history for this property?
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Detailed Information
Bedrooms 3+2
Bathrooms 2
Lot 56 x 0 ft
Amenities Nearby Public Transit, Schools, Shopping
Features Corner Site
Listing Contract Date 2026-02-23
Ownership Type Freehold
# of Parking Spaces 3
Property Type Single Family
Transaction Type For sale
Zoning Description R1B
Building
Appliances Central Vacuum, Dishwasher, Stove
Basement Development Finished
Basement Type Crawl space (Finished)
Construction Material Wood frame
Construction Style (Attachment) Detached
Cooling Type Central air conditioning
Exterior Finish Aluminum siding, Other, Wood
Heating Fuel Natural gas
Heating Type Forced air
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
4pc BathroomSecond levelMeasurements not available
BedroomSecond level13'4'' x 9'11''
BedroomSecond level10'1'' x 8'2''
BedroomSecond level13'4'' x 9'1''
Utility roomLower levelMeasurements not available
Laundry roomLower levelMeasurements not available
3pc BathroomLower levelMeasurements not available
BedroomLower level9'4'' x 9'1''
BedroomLower level13'4'' x 9'5''
Living roomMain level15'8'' x 12'11''
Kitchen/Dining roomMain level14'1'' x 12'11''
Land
Total Size under 1/2 acre
Amenities Public Transit, Schools, Shopping
Sewer Municipal sewage system

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