3 Beds 1 Bath

258 Water Street, Guelph, ON N1G 1B7

Guelph N1G 1B7 Ontario

MLS: X12732886

$800,000

Added 25 days ago | For Sale

Listed by: RE/MAX Icon Realty

About Property

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.

Features

  • House Style:Detached
  • Bathrooms:1
  • Land Size: 58 X 100
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Highway 7 & Edinburgh Rd S
  • Basement:Partially Finished,Separate Entrance , Partially Finished,Separate Entrance
  • Possession Date:Immediate/Flexible
  • Annual Property taxes: $3788
  • Bedrooms:3
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12732886

Level Type Features Dimensions
Main Living Room 14 ft, 7 in x 10 ft, 2 in
Bedroom 6 ft, 11 in x 10 ft, 5 in
Bedroom 2 7 ft, 11 in x 10 ft, 1 in
Bedroom 3 11 ft, 8 in x 9 ft, 11 in
Kitchen 10 ft, 11 in x 10 ft, 5 in

No property rooms available.

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