258 Water Street, Guelph, ON N1G 1B7
- $749,900
- 2
- BD
- 1
- BA
- 700
- SqFt
- List Price
- $749,900
- Price Change
- ▼ $30,000 1787532625
- MLS#
- X13674044
- Status
- ACTIVE
- Type
- Single Family Residential
- SubType
- Detached
- Style
- 1 Storey/Apt
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 700-1100
- Province
- ON
- Municipality
- Guelph
- Area
- Wellington
- Neighborhood
- Dovercliffe Park/Old University
- Subdivision
- Water/Edinburgh
Property Description
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.
/u.realgeeks.media/homesfound/Mark_Risi_600x800.png)
Additional Information
- Taxes
- $3,788
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 1
- Exterior
- Vinyl Siding
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 2
Mortgage Calculator
Listing courtesy of RE/MAX Icon Realty.