Property Information:

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:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Basement Development: Partially finished
Basement Type: Full
Construction Style - Attachment: Detached
Exterior Finish: Aluminum siding
Floor Space: 707 sqft
Foundation Type: Block
Heating Fuel: Natural gas
Cooling Type: Central air conditioning
Appliances: Water softener

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3
Bathrooms: 1
Amenities Nearby: Hospital, Schools
Floor Space (approx): 707 Square Feet
Lot Depth: 100 Feet
Lot Frontage: 58 Feet
Zoning: R1B
Sewer: Municipal sewage system
No. of Parking Spaces: 4

Rooms:

Bathroom Main Level Measurements not available
Kitchen Main Level 10'11'' x 10'5''
Bedroom Main Level 11'8'' x 9'11''
Bedroom Main Level 7'11'' x 10'1''
Bedroom Main Level 6'11'' x 10'5''
Living Main Level 14'7'' x 10'2''

Courtesy of: Re/Max Icon Realty

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Demographic Information of 258 WATER Street, Guelph, 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 %

258 WATER Street, Guelph, Ontario, N1G 1B7