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258 WATER Street, Guelph, Ontario, N1G 1B7

MLS® # 40821519
House For Sale In Old University, Guelph, Ontario
$800,000 QuickQuoteTM: Not Available

3 Beds

1 Bath

258 Water Street, Guelph, ON - Outdoor With Facade
258 Water Street, Guelph, ON - Other
258 Water Street, Guelph, ON  - Outdoor With Facade
258 Water Street, Guelph, ON  - Other
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258 WATER Street, Guelph, Ontario, N1G 1B7
$800,000

3 Beds

1 Bath

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
  • 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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Location of 258 WATER Street, Guelph, Ontario, N1G 1B7

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 %

Own Vs. Rent