250 WATER Street, Guelph, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,999 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 60 x 100 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Ventilation System, Water Meter, Accessory Apartment
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 250 Water Street, your personal haven where relaxation meets elegance. Revel in the beauty of meticulously maintained gardens, ideal for leisurely activities or entertaining guests. This charming bungalow, lovingly cared for over the past 20 years, features a spacious main floor with an open-concept kitchen, living, and dining area bathed in natural light from the stunning front picture window. This inviting home offers three generous bedrooms on the main floor, providing ample opportunities for customization. Beyond its charm, this property is a smart investment, boasting a legal 2-bedroom accessory apartment perfect for accommodating family or generating rental income. Situated in the desirable Old University neighborhood, you'll enjoy convenient access to the River, picturesque walking trails, and the vibrant downtown area, perfect for evening strolls and endless entertainment. Proximity to the University adds to the appeal, making this an unbeatable opportunity. Move right in and begin enjoying a lifestyle of ease and comfort. Benefit from excellent schools, commuter-friendly routes, and the prestige of an established neighborhood. 250 Water Street is more than a house; it’s the perfect place to call home.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard
Interior Features
Ventilation System, Water Meter, Accessory Apartment, Water Heater
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
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 250 WATER Street, Guelph, ON N1G 1B7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Guelph, ON
For a property listed at $899,999 in Guelph, the legal minimum down payment is $65,000 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 $14,475 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 $14,475.
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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.