258 WATER Street, Guelph, Ontario, N1G 1B7

$800,000

MLS® # 40821519

House For Sale In Old University, Guelph, Ontario

$800,000

  • 3

    Bedrooms

  • 1

    Bath

  • 4

    Parking Spaces

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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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos