258 Water Street, Guelph, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt detached located in the coveted neighborhood of Dovercliffe Park/Old University. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $779,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 58 x 100 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Air Exchanger, ERV/HRV, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
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.
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Property Summary
This detached home located at 258 Water Street, Guelph is currently for sale and has been available on SousaSells for 1 day. This property is listed at $779,900 with an estimated mortgage of $2,596* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 258 Water Street, Guelph is in the Dovercliffe Park/Old University neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Dovercliffe Park/Old University, Guelph.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Air Exchanger
- ERV/HRV
- Water Heater Owned
- Water Purifier
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 258 Water Street, Guelph, ON
Q.What is the asking price for 258 Water Street, Guelph, ON ?
The current listing price for 258 Water Street, Guelph, ON in Dovercliffe Park/Old University, Guelph is $779,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 258 Water Street, Guelph, ON ?
258 Water Street, Guelph, ON is a Detached (1 Storey/Apt) featuring a Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Air Exchanger, ERV/HRV, Water Heater Owned, Water Purifier.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 258 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 $779,900 in Guelph, the legal minimum down payment is $52,990 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 $12,073 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 $12,073.
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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.