229 Water Street, Guelph, ON

$949,999
MLS#:X12165652
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on May 30, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Sidesplit detached located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $949,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 70 x 98 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Guest Accommodations, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Impeccable 3+1 Bedroom Side Split Just Steps from the Speed River! Tucked into the highly sought-after Old University neighbourhood, this beautifully maintained home offers the perfect blend of charm, function, and location. Just a short stroll from Royal City Park and Guelphs vibrant downtown, youre also within walking distance of the University - making this an ideal choice for families and investors alike. Set beneath a canopy of mature trees, the tidy brick exterior opens into a warm, welcoming interior featuring hardwood floors throughout. The sun-filled living and dining areas are enhanced by large windows with California shutters, while the kitchen offers generous cabinetry and direct access to the rear deck - perfect for dining al fresco. Upstairs, you'll find three spacious bedrooms and a large 4-piece bath. The lower level provides additional living space with a fourth bedroom, 3-piece bath, and a generous family room. The private backyard is a true retreat, complete with mature landscaping, a flagstone patio, and a tranquil water feature. Picture leisurely walks to the Boathouse for ice cream or launching your paddle board for a float down the Speed River! Whether you're looking for a family-friendly home in a prime location or a smart, rentable investment, this property checks every box.

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Property Summary

This detached home located at 229 Water Street, Guelph is currently for sale and has been available on SousaSells for 422 days. This property is listed at $949,999 with an estimated mortgage of $3,162* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 229 Water Street, Guelph is in the Dovercliffe Park/Old University neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 30, 2025
Sold price information is available to members only
Listed Date5/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit
ConstructionBrick, Wood
BasementFull, Unfinished
Lot Size70 × 98 Feet
CountyWellington
Annual Tax$6,429
Legal DescriptionLOT 8, PLAN 557 ; GUELPH

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Greenbelt/Conservation, School, School Bus Route

Interior Features

Carpet Free, Guest Accommodations, Water Heater, Water Purifier, Water Softener

Security Features

Smoke Detector

Community Features

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Location

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229 Water Street, Guelph, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 229 Water Street, Guelph, ON N1G 1B4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph.

Configure Loan Settings

Interest Rate4.00%
Down Payment$285,000 (30.0%)
* Minimum Canadian down payment required for this price is $70,000.
Amortization Period30 Years
Estimated Monthly Payment$3,162Based on a loan of $664,999 over 30 years.
Purchase Price$949,999
Loan Amount$664,999
Provincial Land Transfer Tax:$15,475
Total Estimated Closing Taxes:$15,475

About Purchasing a Home in Guelph, ON

For a property listed at $949,999 in Guelph, the legal minimum down payment is $70,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,475 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $15,475.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Dovercliffe Park/Old University, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$879,899

People & Families

Age Distribution

Household Composition

One-person households
28%
Families with children
42%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English28%
Canadian22%
Scottish20%
Irish19%

Local Schools Guide

Elementary Schools

Saint-René-Goupil
Public221 Scottsdale Drive, Guelph, Ontario, N1G 3A1
5.7
Priory Park
Public275 Scottsdale Drive, Guelph, Ontario, N1G 3A1
4.6
Mary Phelan
Public8 Bishop Court, Guelph, Ontario, N1G 2R9
7.4
John McCrae
Public189 Water Street, Guelph, Ontario, N1G 1B3
8.8
Fred A Hamilton
Public160 Ironwood Road, Guelph, Ontario, N1G 3R4
6.3

Secondary Schools

Centennial
Public289 College Avenue West, Guelph, Ontario, N1G 1S9
8.0
College Heights
Public371 College Avenue West, Guelph, Ontario, N1G 1T3
0.0
Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied68%
Rented32%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.