For Sale - 258 Water Street, Guelph, Ontario

Est payment $3,842/mo
Views   4
Time on Jump  63 day
  • Turnkey development site with city-approved severance for two semi-detached homes.
  • Each unit allows up to three residential units for a total of six.
  • Perfect for targeting student housing or long-term rental income.
  • Much of the heavy lifting is done, enabling quick project start.
  • Located in a high-demand market with strong rental growth potential.



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.
Listing IDX12732886
Address258 Water Street
CityGuelph, Ontario
Price$800,000
Bed / Bath3 / 1 Full
StyleBungalow, Detached
ConstructionAluminum Siding
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features NoneOwnership FreeholdBasement Partially Finished, Separate EntranceFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  RE/MAX Icon Realty

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