258 Water Street, Guelph, ON N1G 1B7
- Property type
- Detached
- Listed
- 66 Days
- Annual taxes
- $3,788 /yr (2025)
- MLS® number
- X13012528
- Listing brokerage
- RE/MAX Icon Realty
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.
Property Details
About Dovercliffe Park/Old University
View Dovercliffe Park/Old University on Market →School Zones
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Location
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