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258 WATER Street
6 - Dovercliffe Park/Old University Guelph N1G 1B7

$800,000
Single Family beds: 3 baths: 1.0 707 sq. ft.

Main Photo: 258 WATER Street in Guelph: Single Family for sale : MLS®# 40821519
Photo 1: 258 WATER Street in Guelph: Single Family for sale : MLS®# 40821519
Photo 2: 258 WATER Street in Guelph: Single Family for sale : MLS®# 40821519
Status:
Active
Prop. Type:
Single Family
MLS® Num:
40821519
Bedrooms:
3
Bathrooms:
1
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. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
707 sq. ft.
Finished Area Above Grade:
707 sq. ft.
Zoning:
R1B
Taxes:
$3,788 / -
Community:
6 - Dovercliffe Park/Old University
Exterior Features:
Aluminum siding
Structure Type:
House
Appliances Included:
Water softener
Home Style:
Bungalow
Bedrooms:
3
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
1.0
Cooling:
Central air conditioning
Fireplace:
No
Foundation:
Block
Heating:
Natural gas
# Storeys:
1.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Partially finished, Full
Lot Frontage:
58'
Total Parking Spaces:
4
Floor
Type
Size
Other
Main level
Kitchen
10'11" × 10'5"
-
Main level
Bedroom
11'8" × 9'11"
-
Main level
Bedroom
10'1" × 7'11"
-
Main level
Bedroom
10'5" × 6'11"
-
Main level
Living room
14'7" × 10'2"
-
Floor
Ensuite
Pieces
Other
Main level
No
3
  • Photo 1: 258 WATER Street in Guelph: Single Family for sale : MLS®# 40821519
    Photo 1 of 2
  • Photo 2: 258 WATER Street in Guelph: Single Family for sale : MLS®# 40821519
    Photo 2 of 2
Listed by Re/Max Icon Realty
Data was last updated April 18, 2026 at 10:15 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$345,000
Min list price:
$345,000
Max list price:
$1,524,650
Avg days on market:
36
Min days on market:
1
Max days on market:
86
Avg price per sq.ft.:
$435.61
These statistics are generated based on the current listing's property type and located in 6 - Dovercliffe Park/Old University. Average values are derived using median calculations. This data is not produced by the MLS® system.
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