258 Water Street, Guelph - Listed at $779,900. | Modern Solution Realty

258 Water Street, Guelph

258 Water Street in Guelph - 2 bedroom, 1 bathroom. Listed at $779,900.

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.

Property Details

  • Property Type: Mortgage
  • Style: 1 Storey/Apt
  • Square Footage: 900 sqft
  • Basement: Unfinished
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 2 spaces
  • Property Taxes: $3,788/yr
  • Neighbourhood: Dovercliffe Park/Old University
  • Postal Code: N1G 1B7

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