Property Information:

Finding a home in Guelph's prestigious Old University neighborhood is special, but finding one with a fully legal basement suite is a game-changer. For investors, this location is as close to bulletproof as it gets-with its proximity to the University of Guelph, downtown, and transit, you will never have an issue finding quality tenants. For an owner-occupier, it offers the ultimate entry point into a incredible, established community with a legal mortgage helper to keep monthly costs low. The upper unit is an incredible home for anyone looking to get into a prime neighborhood at an accessible price point. The main level is completely carpet-free with updated vinyl flooring and trim. At the heart of the home is a bright kitchen fully renovated in 2022 with quartz countertops and stainless steel appliances. The open living and dining space is anchored by a warm gas fireplace and features a walkout to a large side yard. Two spacious bedrooms sit on the main level, while the upper floor is dedicated to a massive primary bedroom and an updated four-piece bathroom. Downstairs, the legal two-bedroom basement suite is bright and spacious, featuring its own 2022-renovated kitchen with quartz counters and stainless appliances, plus two large bedrooms and access to shared common laundry. With a new roof in 2024, a furnace replaced in 2021, a detached 1.5-car insulated garage with an updated door, and parking for six cars on a 66' x 109' lot, most of the big-ticket items are done. Best of all, you are a short walk to U of G, Stone Road Mall, riverfront trails, top schools, and bus stops. 274 Water St is a rare find in a landmark neighborhood. *Upper Tenant will be vacating Aug 31. N9 has been signed. Lower Tenant on a lease until May 31, 2027.* (id:27)

Building Features:

Style: Detached
Building Type: House
Amenities:
Basement Development: Finished
Basement Type: Full, N/A, N/A, N/A
Construction Style - Attachment: Detached
Exterior Finish: Brick
Fireplace: Yes
Floor Space: 1100 - 1500 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3+1
Bathrooms: 2
Amenities Nearby: Park, Public Transit, Schools
Features: Wooded area
Fence Type: Partially fenced
Floor Space (approx): 1100 - 1500 Square Feet
Irregular: Yes
Lot Depth: 106.6 Feet
Lot Frontage: 65.8 Feet
Lot Size: 65.9 x 106.6 FT
Structure Type: Porch
Surface Water:
Zoning: R1B
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 7

Rooms:

Bathroom 2nd Level 2.93 m x 2.22 m
Primary Bedroom 2nd Level 5.58 m x 4.38 m
Recreation Room Basement Level 5.00 m x 3.33 m
Other Basement Level 0.92 m x 0.79 m
Utility Basement Level 3.37 m x 1.94 m
Bathroom Basement Level 3.61 m x 1.48 m
3rd Bedroom Basement Level 3.76 m x 3.34 m
Kitchen Basement Level 5.11 m x 3.57 m
Dining Main Level 3.59 m x 1.78 m
Other Main Level 6.50 m x 4.36 m
Kitchen Main Level 3.79 m x 3.56 m
Living Main Level 3.59 m x 3.47 m
Bedroom Main Level 4.26 m x 3.04 m
2nd Bedroom Main Level 3.70 m x 2.92 m

Convert Measurement to:

Courtesy of: Chestnut Park Realty (Southwestern Ontario) Ltd

More Detail

Less Detail

Demographic Information of 274 WATER STREET, Guelph (Dovercliffe Park/Old University), Ontario, N1G 1B7

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$140,774.92

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.15 %

High school certificate or equivalent

25.01 %

Apprenticeship trade certificate/diploma

4.09 %

College/non-university certificate

17.78 %

University certificate (below bachelor)

2.31 %

University Degree

41.66 %

Commuter

Travel To Work

By Car

81.86 %

By Public Transit

9.64 %

By Walking

6.19 %

By Bicycle

0.0 %

By Other Methods

2.31 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

34.87 %

Houses

65.13 %

274 WATER STREET, Guelph (Dovercliffe Park/Old University), Ontario, N1G 1B7