For Sale - 258 Water Street, Guelph, Ontario

Est payment $3,601/mo
Views   3
Time on Jump  57 day
  • Turnkey development site with city-approved severance for two semi-detached homes.
  • Each home can have up to three residential units for total of six units.
  • Ideal for investors targeting student housing or long-term rental income.
  • Many approvals already in place for a smooth development process.
  • 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 IDX13674044
Address258 Water Street
CityGuelph, Ontario
Price$749,900
Bed / Bath2 / 1 Full
Style1 Storey/Apt, Detached
ConstructionVinyl Siding
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Air Exchanger, ERV/HRV, Water Heater Owned, Water PurifierOwnership FreeholdBasement UnfinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 2.00
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Listing Brokerage: RE/MAX Icon Realty

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258 Water Street
Guelph , Ontario
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